Inflation HAS to be factored into compensation rates. I can't believe it was not even mentioned in any of the ALPA correspondence. What gives?
- Delta certainly raises ticket prices to compensate for inflation.
- A zero (0%) pay raise over 3 years is actually a 7-8% pay cut, so...
- A 19% pay increase over 3 years is therefore only actually around 12%.
Don't believe inflation exists?
Try the Bureau of Labor statistics
Consumer Price Index (CPI)
or
Annual Inflation Chart