Originally Posted by
seaav8tor
His "REASONABLE your term" CPI went to 2003. It's getting close now to 2008.
CPI 1978... 2003 was 2.82 or.......... 100,000 737 CA needed 282,000 in 2003
CPI 1978... 2007 was 3.20 or.......... 100,000 737 CA needed 320,000 in 2007
If you guys are getting 320K at LUV, good on ya! Haven't made any progress but at least you haven't fallen behind inflation! Good work men! Wish I could say the same for the rest of the industry.
http://146.142.4.24/cgi-bin/cpicalc.pl
If you'll read what I wrote:
Originally Posted by
boilerpilot
That being said, if you look at the REASONABLE projections as forecasted by Capt. Koch (the ones that took Consumer Price Index into account) and adjust them forward four years
AKA, add 4 years to 2003. I did the best I could, the CPI numbers for 2008 haven't been released yet. At least, as far as I know.
Not every Captain makes that much at SWA, as I said, it takes a little fancy work, but I'm sure that not every pilot at United made $100,000 in 1978, though please feel free to prove me wrong. It probably wouldn't surprise me at all, especially considering that Capt. Koch alludes to the almost $500k salaries that the 74 Captains were making.
EDIT:
And I'm not quite sure why you think that "Reasonable" isn't a fair word to use. Am I wrong thinking that 15% plus cost of living raises every two years indefinitely is excessive? While I understand in our liability obsessed culture these days, pilots are possibly more susceptible to being sued, is there anybody who honestly thinks that 15% every two years for thirty years is actually reasonable?