Originally Posted by
NuGuy
There was a little bit more in C2k than inflation.
757 rates in 1984 were on the order of $130ish/hr. Plug that into the CPI, and you get $280ish in 2014.
Nu
Actually, C2K didn't quite fully restore 1980's rates.
01OCT, 1986 - 767 Captain rate: $158.21
Adjusted for inflation, that's $342.55 today in 2014. (source:
Tom's Inflation Calculator)
01MAY, 2004 (C2K) - 767 Captain rate: $267.52
Adjusted for inflation, that's $335.92 today in 2014. (source:
Tom's Inflation Calculator)
FYI... today's 767 Captain rate: $219.62. That's a $122.93 per hour pay CUT in buying power from the 1986 rate and a $116.30 per hour pay CUT in buying power from the 2004 C2K rate.