Originally Posted by
iahflyr
I live in SoCal and own one of those 1500sq ft homes that cost $1 million. Even that is just a $4k a month payment, of which $1500 is paid to myself as principal, and the other $2500 tax deductible at 43% (33% federal rate and 9.3% CA rate). Everything else costs about the same as it did in Texas. California has higher income tax, but Texas had a crazy property tax and toll roads.
All I'm saying is I would much rather have regional pilots make more even if it meant major airline pilots topping out less. United pilots once went on strike to help future pilots not even on the property avoid B scale wages. I wish more major airline pilots would vote against the C scale wages allowed to happen at the regionals. I would gladly have my pay capped at 250k to do that. But I'm sure there are plenty who disagree with me.
I'm all for higher wages at the regionals but I'm not fine with a 250k salary cap at a major. Right now the most senior widebody captains earn 300k a year. I think that's a fair salary for the position but it takes ages to get there and not all pilots make it to that level. Many will hang their hats up at the regionals while others at LCC/ ACMI carriers. Obviously pay at the latter is nowhere near 250-300k. So when we mention numbers like 250 or 300k, we are speaking of the top end of the entire airline industry. Thats not a lot for those few coveted widebody left seats at the legacies. Just my 2 cents..