Originally Posted by
gzsg
I hear what you are saying, but look at the reality. The disrespect.
Management couldn't delay a couple of days and inform the pilot group of the parking of the 747s?
Management's behavior on FAR 117?
A330 rest facilities?
$2.75 billion in a second round of buy backs/dividends to the shareholder and the pilot concessions stay in place?
What am I missing?
There is no balance.
Jerry
What are you missing? This:
We have had consistent annual returns even when it put us far out of our peers market. Please let me know what reasons there are for the differences between the left side of the chart and the right side of the chart. In my mind, we shook up the industry so much that even with those massive pay raises, they still have not caught up to us. I am sure you have a better explanation. Look at all those zeros on the left side of the chart and give me some explanation for those.
At the time of the merger, your A-320 pay rate was $139.00 per hour with an average of 6% defined contribution rate for an effective rate of $147.34. Now you have a pay rate of $203.21 with a 15% DC and an effective rate of $233.69. That is an $86,000 per year increase in 5 years and an average of almost 12% per year. I am not sure if you have paid any attention at all to the rest of the world during the last 5 years, but if you went to almost anyone who is not a professional athlete, you would find looks of shock and disbelief if you tried to convince them that nothing good has happened to you lately.