Originally Posted by
Iceberg
With exclamation points no doubt. In that case, we may be behind the 2015 rates if they were to be inflated. I couldn’t tell you either way on that.
It depends on if you calculate the inflation based on December 2015 (when the last rate became effective) or December 2016 (the point from which no further increase would have existed). I would argue it is more appropriate to use the December 2016 date for the calculation.
From Dec 2015 - inflation adjusted using the consumer price index would be $124.20.
From Dec 2016- inflation adjusted using the CPI would be $121.68.
While the increase looks less impressive in that light, keep in mind that we're coming up on December 2017, meaning that if this TA passes it would have only taken a year to get new rates that would now last (with increases) until 2024.
In many cases it has taken airlines YEARS (like 5 or 6) to get a TA, and in that time typically they are working at whatever the last year's rate was.