[QUOTE=sailingfun;2191141]
Originally Posted by
TriStar_drvr
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.
So in the recent past we couldn't get a big raise because we were already leading the industry - I repeat that leading the industry.
Now that we are lagging the industry we still have no leverage because we would like rates just a little bit higher than what less profitable airlines already achieved. Not exactly the same standard that DALPA was touting for years.
How about this - There is a world-wide Pilot shortage developing, the world wide and domestic market for Pilots is increasing and appears to only be accelerating and yet all you see are headwinds and cloudy days ahead - got it.
Scoop
