Latest AA contract proposal
#141
Gets Weekends Off
Joined: Oct 2005
Posts: 2,515
Likes: 66
From: MD-11 FO
$750,000 profit per hour.
That will probably increase when the A321neo starts transatlantic operations. Because Group II pays less than Group III.
In 2015, in the 30 hours a pilot will stay by the highway in a bed-bug infested motel, say the Palos Verdes, earning nothing but per-diem, the largest airline in the world will generate $22,500,000 in profit. Not revenues, profit.
$22,500,000 in pure profit and a pilot gets per-diem only for 30hrs of a lifetime wasted. The per diem is tax-free, so there is that.
That will probably increase when the A321neo starts transatlantic operations. Because Group II pays less than Group III.
In 2015, in the 30 hours a pilot will stay by the highway in a bed-bug infested motel, say the Palos Verdes, earning nothing but per-diem, the largest airline in the world will generate $22,500,000 in profit. Not revenues, profit.
$22,500,000 in pure profit and a pilot gets per-diem only for 30hrs of a lifetime wasted. The per diem is tax-free, so there is that.
#142
Hahaha. But hey look at those dumb FAs that gave up nothing (most importantly kept their dignity) and got a pay raise. Maybe we should do the exact opposite. Give up some big things for higher pay rates that actually lead to a smaller w-2. Got it
#143
On Reserve
Joined: Jul 2011
Posts: 119
Likes: 7
The FAs voted no on the same contract that they are now working under. Everything that APFA and company already agreed to by september was set in stone. They were only voting on a pay. They lost higher pay, some of which was given back, and the ability to drop down to zero hours in a month. They gave away the same concessions. They did not keep their dignity.
#144
but if AA pilots' current contract is better than whats being offered, and the pay raises are coming, you can achieve the same results the FAs did but be better off for it. I guess that's the point Im trying to make.
#146
Banned
Joined: Aug 2014
Posts: 442
Likes: 0
From: A320 F/O
Assuming the loss of 200 wide body FO positions, at $180k each, combining Dom/intl yields a $36mil savings.
Are we getting our monies worth? I would say yes, since the TAs alone are worth an annual $20mil.
We're getting +23% instead of +16%.
Average of $160k per pilot over 14,000 guys, is $180mil in additional compensation from 16% to 23%.
#147
Gets Weekends Off
Joined: Nov 2014
Posts: 143
Likes: 0
Sorta. The pay won't be as much and we lose all the TAs that have been approved.
Assuming the loss of 200 wide body FO positions, at $180k each, combining Dom/intl yields a $36mil savings.
Are we getting our monies worth? I would say yes, since the TAs alone are worth an annual $20mil.
We're getting +23% instead of +16%.
Average of $160k per pilot over 14,000 guys, is $180mil in additional compensation from 16% to 23%.
Assuming the loss of 200 wide body FO positions, at $180k each, combining Dom/intl yields a $36mil savings.
Are we getting our monies worth? I would say yes, since the TAs alone are worth an annual $20mil.
We're getting +23% instead of +16%.
Average of $160k per pilot over 14,000 guys, is $180mil in additional compensation from 16% to 23%.
About $750,000 per hour profit.
$6,500,000,000 per year profit for 2015. Profit, not revenues. Monies over and above what the operation costs to run. Salaries, wages, fuel, everything. Pure profit.
Average of $465,000 profit per pilot. For one year, not the term of the Contract. $465,000.
Are we getting our monies worth? No. Not even close.
#148
Spot on. Also, just a little tidbit. I interned with AA years ago and loved the airline. With that said I know you guys are in a pinch with this contract but keep in mind your peers at DAL. We are getting about 19% (Forbes estimate)bonus paycheck this year. It was a little less last year and it is projected to be a little more next year. I have gotten this check for several years. It is not forever but keep this in mind that it is ABOVE our current DAL rates that we are about to raise again( our contract is starting again this 2015). Your company is making even more than DAL........huge.
#150
Gets Weekends Off
Joined: Apr 2009
Posts: 187
Likes: 0
It was a little less last year and it is projected to be a little more next year. I have gotten this check for several years. It is not forever but keep this in mind that it is ABOVE our current DAL rates that we are about to raise again( our contract is starting again this 2015). Your company is making even more than DAL........huge.
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