SWAPA created an interesting analysis of historical pay rates prior to the current cycle. A quick google search can locate it. But here are a few quick takeaways. NB Captain rates in 1994 at the big three were $166/hr, they capped out with Delta at $240 in 2004.If you plug these numbers into our .gov inflation calculator what do you get?
$166=$331.86; $240=$376.42.
These numbers are for small NB’s and do not reflect 900ER, 9Max reality of today. In short, we’re way behind inflation. This doesn’t even account for the growing scarcity of pilot labor…that “me too clause” better be Iron Clad.