Originally Posted by
UGBSM
No, I made $278k. But if I made that on our lowest paying equipment Im sure our more senior captains made $300k or better.
My point is that we have a very senior pilot group with the majority approaching retirement age. That is going to flavor the next couple of contracts. And pay % may not be at the top of everyones wish list. And I doubt those approaching retirement are going to want to drag out negotiations for many years entertaining unreasonable contract demands from the just say NO crowd.
So yes, the time value of money is more important the older you are I would say.
If you are a few years from retirement, the difference in what you will accumulate should not significantly affect your position. As a new hire pilot years ago, I appreciated the guys that went before and made the sacrifices for a good contract. To frame this as a young vs old is BS! Work as a unified group to bring everyone's wages and work rules up and stop acting as independent contractors.