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Old 09-10-2013 | 03:09 PM
  #364  
Mesabah
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Joined: Feb 2007
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Pay rates are no indication of the strength of a union, but rather the economics at point in time. The Delta pilot contract of the 1940's paid about $2.30 per seat per hour, and the pilots were getting 5%ish raises. If you transposed that contract over the 747 today, that would be over $16,500 hr pay rate. Pay cuts and freezes are an inevitable part of the law of exponential functions. Scope contracts however, are the standard by which all others are compared.
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