Originally Posted by
Gone Flying
I have heard the current value of our (DL) PWA is about 4B/ year. An increase in 1-1.5 Billion a year is not actually that high.
contract 2001 was probably worth more per pilot than our current contract. (we are almost 50% larger pilot group now so a straight cost comparison is not accurate)
-payrates in 2004 were only about 10% lower than they are today
-vacation maxed out at 7 weeks instead of 5
-60% FAE pension after 25 years
-line bidding with trips touching vacation drops
among many other things.
I was more gaging the value of increase with each contract cycle, and some cycles have had things like more large RJs.
It’s reported on here UPS just agreed to a 477m deal over 3 years, with 3,300 pilots.
If UPS had 14K pilots it would be a 2B deal over 3 years, so .66B per year in gains the way I understand it.