Originally Posted by
finis72
Their big w-2's come from 2 areas; one is as you say higher daily minimums( work rules) which was my biggest disappointment with this TA, the other is their ability to fly up to the FAR max at premium pay which would be great for me but not good for our junior pilots. I wish we could cherry pick but the pie is only so big. Large w-2's can be a double edged sword.
Remember when the senior guys used to brag about how -little- they worked, and how much time they spent on their boat, or skiing, or golfing, or...? And how they were going to retire early? Now I hear things like, "I swapped with the swap board and picked up another 30 hours, now I've got a 110 hour month!"
Time at home with the kids and wife has always been more important to me, more important than a bigger W2. I guess that's why after 25 years and 4 kids, I'm still married to wife number 1. (that and with the 42% pay cut, I can't afford a divorce lawyer!
)
It would be nice if I could afford to retire in the next 3 years, but this T/A does nothing to help me get out of my seat, money wise.
Now I hear there is a group of LCA's trying to eliminate age 65...so we've got that going for us.
Fly 'till you die.
Wonderful.
Any bets on how many (North) guys are going to take this "Early Out"? Only 182 took the last early out and 95% were from the North side. My bet is there won't be anything close to 350 this time, and again, 95% will be from the DB funded side. The South Side guys just don't have the money and there's very little additional 'retirement' money in this T/A for them.