View Single Post
Old 01-25-2016 | 06:19 AM
  #3134  
gonyon's Avatar
gonyon
Line Holder
 
Joined: Oct 2010
Posts: 1,499
Likes: 0
Default

Originally Posted by Feng
First of all, profit margin in itself when used in your context is entirely meaningless. 10 dudes in an airbus fly by night start up with an 50% margin does not entitle each pilot to 500K/yr.



Second of all, NK 2015 fourth quarter earnings report isn't available yet.



Third, I believe you're comparing DL net margins to NK operating margins.



Fourth, if you're going to use a profit metric to justify compensation. 3rd quarter 2015, DL had an operating income of 2.2B/12,900 pilots. UA 1.9B/12500 SWA 1.2B/7900 NK 157M/1300 Allegiant 77M/657 VA 74M/630.



One can argue for third quarter 2015, DAL generates 171K/pilot, UA 152K, SWA 152K, NK 121K, ALGT 117K, VA 117K.



Food for thought.

The greater point being made is that if you just look at pay rates nk pilots don't even seem to be in the same profession as other pilots.

I bet we'd pass a TA that was in the neighborhood, nay, zip code, nay, planet as those guys.