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Old 09-03-2014 | 02:29 PM
  #1373  
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DAL 88 Driver
At home on the maddog!
 
Joined: Mar 2009
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From: Retired (mandatory age 65)
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Originally Posted by alfaromeo

The bottom line: 19.5% cash compensation; numerous work rule improvements; better vacation; more mainline flying. That is the net effect of that contract. May not be enough for you but the numbers are the numbers. It was not cost neutral for pilots, not even close, the end state is plus $400 million.
Yet even after all that, our current pay rates are approximately 34% below the buying power we had with our pay rates throughout most of the 1980's, 1990's, and early 2000's. I guess if you accept bankruptcy as the new baseline, then 19.5% is really good. Trying to recover from a 42% pay cut... not so much.
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