Originally Posted by
Lockheed
Stimp my friend- you need a better class of drugs
No Spirit doesnt make more than we do not pay rates by far
And not in reality i.e. W2 wages ... even with their new defined contribution
Maybe you should come back to work
You might like it
I MIGHT!
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Kalitta
$262 x 64 = $201,216 annual guarantee
$10,000 = Company 401k Max. Contribution
--------------------------------
Total Annual Guarantee Max. Captain =
$211,216
VS
SPIRIT
$238 x 72 = $205,632 annual guarantee
11% = Company Contribution = $22,619
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Total Annual Guarantee Max.Captain =
$ 228,251
You are correct, our hourly rate is higher. However, the above numbers climb even higher if you were to include the fact that a Spirit Captain makes an 8% override for international flying.
But, run the math anyway you like. You fly 85-90 hrs./mo on average and a Spirit guy does the same. Who makes more?
He does, and it's not linear either because he will receive his 11% for all his hours over guarantee without maxing at 10k. As well as the aforementioned override for Intl. flights.
Not to mention other contractual items that contribute to soft pay ( Rigs etc. ).....(?)