Originally Posted by
cantflylist
FWIW. I went to the BLS web-site and calculated inflation using their tool
I arbitrarily picked July '19 (mid year), and calculated thru October '22 (latest data available) 16.1519%
https://www.bls.gov/data/inflation_calculator.htm
so, 16.15% raise is inflation neutral - and yes, I understand that the CPI has understated inflation by design since at least the 80s.
Then, do we expect a raise from the 2019 rates - loud YES from me - this is the best pilot power environment ever - if we can't get it now, we can't get it ever.
I don't get why ALPA cannot get a post amendable date automatic inflation indexed raise into the contract - got to stop giving the company incentive to delay new contract.
All you need to do is negotiate it. Companies are however notorious for loathing open ended cost items not to mention what happens when the airline industry crashes next which it will at some point. They would attach a tremendous cost to such a provision.