Q&A for BM
#11
Gets Weekends Off
Joined APC: Aug 2010
Position: N/A
Posts: 578
I’ll go first:
BM, your annual compensation as CEO is 5.5 mill. In 2008, BA, the CEO compensation was 1.5 mill. That’s an increase of 3.6 times what the CEO used to make. Assuming captain in 2008 made $200k a year, at the same rate, today he would be paid 720k not 300K/yr….OR conversely, YOUR pay Mr BM would be 2.25 mill/yr. Also, you have M&A protection in your contract while the pilots do not.
Can you explain to me why CEO pay has more than tripled since 08 and you have job protection benefits in your contract that the pilots do not?
BM, your annual compensation as CEO is 5.5 mill. In 2008, BA, the CEO compensation was 1.5 mill. That’s an increase of 3.6 times what the CEO used to make. Assuming captain in 2008 made $200k a year, at the same rate, today he would be paid 720k not 300K/yr….OR conversely, YOUR pay Mr BM would be 2.25 mill/yr. Also, you have M&A protection in your contract while the pilots do not.
Can you explain to me why CEO pay has more than tripled since 08 and you have job protection benefits in your contract that the pilots do not?
#18
Gets Weekends Off
Joined APC: Nov 2019
Posts: 791
That is where we start….Premium pay is only available to 10% of captains
Not worth mentioning. Per diem does not factor in nor should it. So everything above that is block time flown. Some may fly up in the 85 hr range which would bump you up 30,000 but at a direct cost of time off. Everything above that is LCA or FCF overrides and other soft credit available to LCA or FCF. LCA/FCF is only available to about 7-10% of Captains…There can also be a 5-8% bonus at the end of the year based on your W2………Prob 100-150 pilots in the top band of seniority could make 400 plus. No accounting for 401K… That is another discussion
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