Originally Posted by
slowplay
If market cap is an important metric to you, Delta is at approximately $17 billion. In 1998 Delta's peak market cap was about $28 billion. So Delta is 61% of the way back...
You quoted a guy on my ignore list talking about "cola pay raises". Contract 2012 puts his super premium pay rate at $270.25 plus 15% DC on 1/1/15. The highest pay rate he ever had prior to the merger was $264.96 plus 3% MPPP. BTW, it's still not enough.
These numbers are completely meaningless without an apples to apples comparison adjusted for inflation.....you know, that whole loss of buying power thing. He'll, first year regional pilots ($20k/yr) would be considered rich when comparing to the upper class people of the 1700's. a dumb comparison though, I think we can both agree.
What are the C2k rates adjusted for inflation? FTB or anyone else happen to have those handy?