Here is the math I did on the L and G thread based upon the raises we got last year and this year and their costs as publicly stated at 90 and 75 million respectively.
Here is the Inflation YOY since 2004:
Historical Inflation data from 1914 to the present
Put the link so you can verify the source
2004: 2.68
2005: 3.39
2006: 3.24
2007: 2.85
2008: 3.85
2009: -0.34
For a grand total of 15.67% total inflation since the start of 2004. (liner non compounding math used.) Compounding annually equals about 16.61%
So what you are asking for on Jan 1, 2013 is this:
Lets use 2012 777/744A pay and compare it to 2004 C2K 777 pay of 319 an hr
319-225= 94 dollars per hr up front plus a 15.67% increase on the 319 figure to equal 368.99 per hr from our book of 225, or a 64% increase, correct? (or 65%)
Math 319-225= 94 bump plus inflation=
319x 1.1567=368.99 per hr (or the other way 371.99 per hr)
368.99-225.00= 143.99 per hr immediate increase. (371.99-225= 146.99)
Lets just extrapolate that out a little as well. 5% last year was equal to 90 million. 4% next year is equal to 75 million. Without computing the non-linear data for the next two pay bumps that would equate to a 18-18.75 million dollar per percent increase in the total value of the PWA without costing out more retirement and or work rule improvements.
We on the same page?
We will use 18 million for a uber conservative estimate on pay costs alone.
18 x 64= 1.152 billion dollar increase to the PWA for hourly rates alone (or 18 x 65= 1.170 billion)
Here is the post:
http://www.airlinepilotforums.com/875464-post48412.html
I have nothing against trying, but I want all of us to understand what that statement adds up to.
the 18 million a year is taken by dividing the 90 million by 5 for the percentage raise last year. It gives you the cost per percentage at 18 million then you multiply that by the raise needed off current book to get to restoration plus inflation (64%) to get the total cost per year.