Thread: Attrition
View Single Post
Old 01-12-2022 | 06:29 AM
  #421  
symbian simian's Avatar
symbian simian
Line holder
 
Joined: Nov 2013
Posts: 4,179
Likes: 257
From: Aircraft & Seat: old & hard
Default

Originally Posted by Excargodog
Yeah, well inflation numbers like this ought to open some ears up…



Not corrected for inflation, you lose 7% of your purchasing power a year. So at the end of a five year contract with only a 2% per year kicker, you could be down to (0.95)^5 or roughly 77% of the purchasing power you had on day one of the contract.
I keep repeating this. Same as those people that look at DOS+4 rates and compare them to expired rates of old contracts. You can only compare rates for the same year, or after correcting for inflation. No, Sun Country does not pay better than Delta.
Reply