Thread: Swa aip
View Single Post
Old 08-29-2016 | 04:20 PM
  #34  
sailingfun
Gets Weekends Off
 
Joined: Feb 2008
Posts: 20,884
Likes: 199
Default

[QUOTE=TriStar_drvr;2191104]To clarify, SWA Uses a Trip for Pay (TFP) as the unit for pay. Current 12 year captain is $189.78 per TFP. The union uses a conversion factor of 1.149 to convert this to an hourly wage. Thus current hourly rate equivalent is $218.06 and the Agreement rate effective Oct 1 would be $250.76

It's certainly a big step up for SWA but I don't see it providing us much leverage. The companies current table position puts our 737 rate at 254 an hour now and 261.50 on 1 Jan with a 16DC. Add in a profit sharing program that will pay at least 10% more and you are talking about at least 18% more then SW on I Jan. I had hopes they might come in more toward 265 an hour.
The one thing it does do is keep SWA costs more inline with ours which might give management a little more wiggle room to get a deal done.
Reply