Originally Posted by
CincoDeMayo
I also dont think training costs are as expensive as we assume: No healthcare for a duration, laughable new hire pay, no LTD premiums (its actually expensive for the company,) no vacation, no uniform, etc. So yeah, you got a three grand in hotel costs, $2k in wages, instructors (until they get to IOE where they are flying revenue) and sims which I believe we have a financial stake in as well for most sims.
2 reserve trips to prevent a cancelation pays for that new hire training.
I also agree. Considering last time I heard you could purchase a 320/737 type for well under 10k I would think that training costs are covered pretty quickly. Maybe a month or two at most with our super low first year rates.