Originally Posted by
RonRicco
FWIW, SWA trip pay converts to an hourly rate of $216. I am not looking right now, but I think that is well below our 777/744 rates.
I believe that is correct. Last I saw, I think their actual rate (based on TFP) was $186. The big difference back around the time of C2012 was that their TFP system, work rules, and their ability to pick up premium pay resulted in a W2 that averaged over $240K (for Captains), without having to work a lot of extra days. Since that time, my understanding is their situation has resulted in a lot less opportunity for premium pay... so we probably are ahead of them now. Of course, our rates are 34% below the buying power they had 10 years ago... so we've got that going for us.