Originally Posted by
Bbourne2009
What's in the contract language? I'm not familiar with it but it sounds like your getting paid 7yr rates or something?
We get a small raise per "large RJ" up to 89 acft. It would amount to around 1.5% with the full amount. We also get a flat 1% per year.
If the 200s are parked we see another 1ish% due to an increase in our blended rate.
That would put a 4yr capped FO at around ~41.50 for 2015 and ~41.90 for 2016.
Our old 7 year rate was 42.
This, of course, doesn't help us 10 years from now when our money is worth significantly less. Just getting the facts out there. A turd painted like a flower is still a turd etc, etc.