Originally Posted by SWAcapt

Yes.


We give the company the first 11 minutes of overfly. Then; 12-16 min = 0.1 trip, 17-21 min = 0.2, 22-26 = 0.3, 27-31 = 0.4, 32-36 = 0.5, 37-41 = 0.6, 42-46 = 0.7, 47-51 = 0.8 and so on. A trip is based on a mileage formula. Our minimum pay is one trip. If I fly HOU-AUS in 23 minutes, I still get one trip. A trip converted to time equals about 55 minutes. The accepted conversion is to multiply a trip-for-pay (TFP) by 1.1393 to come up with an hourly equivilent. Ie, my $173.63 / trip = $197.82