Originally Posted by
TyWebb
Assuming no upgrade here are the 5 year numbers:
Major FO - 642k + 103k retirement = 745k
CA Regional (year 4- 8) 751k + 46.7k = 797.7k
* Retirement for regional is the companies 5% contribution (years 4 and 5) and after year 5 the added 2% direct contribution added to the regular 5% matching. This is the Horizon contract and the American wholly owned.
Totals at Year 6
Major FO 796k - 127.4k = 923.4k
Regional CA 913k - 58k = 971k
That ^^^^ looks bad when you use payrates for a carrier that has a new improved contract to UAL which is 4 years in arrears. So, I think it logical to add 20% minimum to the UAL rates. There is a chance of a recession and NO deal at the majors ....but in that case, what would happen to the commuters and their pay rates/contracts? I could cherry pick some logical assumptions on UAL seat/pay and the calculus would tilt in UAL favor by a wide margin. But, as they say, pay/money is only part of the equation.