Originally Posted by
notEnuf
How many more LCAs will be needed in the future? There are two new types coming at both ends of the pay scale. (A350, E190) Broadening the fleet without banding will only create more need for training. Each new hire has a corresponding captain upgrade. The retirement bubble hasn't even hit yet but when it does 500-800 retirements a year for 5 or more years in a row.
Sorry I'm not buying the little to no impact. A single month historical example, if accurate is insufficient. How much sim training are we doing outside of ATL and can that number grow? It already is. Project that forward.
21.5% is misleading. 2% YOY increase in total compensation is more accurate. Rates, Rates, Rates we get it.
Worst case in June 302 green slips are lost? Your numbers. What is that in dollars the FOs are not getting? That also will grow. Its a pay concession that impacts only FOs.
My number is 5.34% net pay growth. Where do you get 2%?
1/1/2018 an A-320 Captain will make an effective rate of $302.03 including estimated profit sharing. American: $248.96.
Pay rates aren't everything . . . but they're a lot.