Originally Posted by
Carl Spackler
At the end of this current contract, we will need a 35% bump in pay on day 1 to achieve C2K pay restoration. This will be at a cost to the company of 690 million.
Not too much to ask.
Carl
Not so fast. Here are the actual numbers from a couple of representative aircraft:
MD-88 -
C2K rate (5/1/04): $237.37
Current contract rate: (1/1/12): $167.68
To restore the current contract 2012 rate to the C2K rate without inflation - 42% increase required.
To restore the current contract 2012 rate to the C2K rate adjusted for inflation ($286.78) - 71% increase required.
(source used to calculate inflation:
Tom's Inflation Calculator)
B-767 -
C2K rate (5/1/04): $267.52
Current contract rate: (1/1/12): $188.96
To restore the current contract 2012 rate to the C2K rate without inflation - 42% increase required.
To restore the current contract 2012 rate to the C2K rate adjusted for inflation ($323.21) - 71% increase required.
(source used to calculate inflation:
Tom's Inflation Calculator)