Why I don't favor a LBP system, I would determine the "rate" to be a composite calculation of the fleet's individual pay rate averaged out:

100 M88's = $200.00/hr 100/250 = 40% of 200 = $80
50 7ER's = $230.00/hr 50/250 = 20% of 230 = $46
50 330's = $250.00/hr 50/250 = 20% of 250 = $50
50 777's = $285.00/hr 50/250 = 20% of 285 = $57

The "composite" 12 yr CA rate would be: $232.00

If the fleet composition changes, then a floor of 0% increase could occur, and if the fleet average increases then the number goes up. An "inflationary increase" would also occur, but would be adjusted up or down by the appropriate fleet composite increase or decrease percentage.

If the Company were to add 100 E-170's and the "rate" that the company and the union negotiate is 100/hr:

100 E70's = $100/hr. 100/350 = 28.5% = $28.5
100 M88's = $200/hr. 100/350 = 28.5% = $57
50 7ER's = $230/hr 50/350 = 14.3% = $32.89
50 330's = $250/hr 50/350 = 14.3% = $35.75
50 777's = $285/hr 50/350 = 14.3% = $40.76

The new composite rate would be $194.90. But with a floor of 0% increase, the rate would remain at $232. (-16% change)
This would be different if the hypothetical company added more WB's instead of SSNB's!
This would happen until the yearly increases caught up and surpassed the "floor" or if Section 6(Ch. 11) resulted in a higher(or lower!) numbers to use in composite calculations.

That is a way to capture revenue from larger/faster/better aircraft and still have a composite pay scale.

I don't want one because the ONLY metric to bid would be QOL, as pay would be equal across the board, making a LOT harder to increase your QOL in the first half of your career. With pay by frame, people can chase pay rates and leave lower paying by better QOL to a more junior pilot.

Essentially pilots can "buy" QOL under the present system, under LBP you lose the option to choose between money or QOL, and get stuck with lesser QOL against your will for a longer portion of your career.


(Hiding in the bunker awaiting the incoming from T!