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Amazon 737 Freighters

Old 03-29-2019, 07:15 AM
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Default Amazon 737 Freighters

http://marketexclusive.com/atlas-air...ent-3/2019/03/
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Old 03-29-2019, 07:43 AM
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Come on over and enjoy 17+ days trips making $79.60/hr at minimum guarantee for 3 years before you finally see a pay raise. All the way up to $84/hr at year 4. Never mind that year 1 guarantee is 50 hours a month, and then 62 hours a month after that. Never mind that it’s almost impossible to break guarantee.

No contract in sight, but hey, at least we’ll get to fly some more of Amazon’s shiny jets for them!
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Old 03-29-2019, 07:54 AM
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Plus, you will probably get to fly with street captains if you don’t meet the PIC requirements . The last upgrade went to a pilot with 5 1/2 months on property. 😱.

A street hire captain will make approximately $1600 x 3 months training pay and then $116.98 x 50 hour first year guarantee That’s a little over $57k in the first year (not including the little bit of perdiem you might be able to pocket).

Last edited by Birdsmash; 03-29-2019 at 08:10 AM.
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Old 03-29-2019, 08:38 AM
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Originally Posted by Birdsmash View Post
Plus, you will probably get to fly with street captains if you don’t meet the PIC requirements . The last upgrade went to a pilot with 5 1/2 months on property. 😱.

A street hire captain will make approximately $1600 x 3 months training pay and then $116.98 x 50 hour first year guarantee That’s a little over $57k in the first year (not including the little bit of perdiem you might be able to pocket).
Everytime I read these articles I keep asking myself if this industry has reached its bottom yet. Guess not and sad.
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Old 03-29-2019, 10:49 AM
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If you read into the SEC filing on how the deal is structured, it all but solidifies that Atlas/Southern will remain a contractor for many years to come. The deal is structured where GECAS owns the airplanes and leases them to Amazon. Amazon then leases them to Atlas/Southern where Amazon retains all the flexibility.

This deal really highlights the significant threat of massive layoffs for the pilots of Atlas/Southern down the road when/if Amazon decided to start up their own airline.
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Old 03-29-2019, 12:14 PM
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Originally Posted by JonnyKnoxville View Post
If you read into the SEC filing on how the deal is structured, it all but solidifies that Atlas/Southern will remain a contractor for many years to come. The deal is structured where GECAS owns the airplanes and leases them to Amazon. Amazon then leases them to Atlas/Southern where Amazon retains all the flexibility.

This deal really highlights the significant threat of massive layoffs for the pilots of Atlas/Southern down the road when/if Amazon decided to start up their own airline.
It’s almost like a regional whipsaw circa till a few years ago. Maybe someone will make contract concessions in exchange for airframes. Shiny ones. With other folks hopes and dreams painted on the tail.
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Old 03-29-2019, 12:25 PM
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Originally Posted by 4runner View Post
Maybe someone will make contract concessions in exchange for airframes. Shiny ones. With other folks hopes and dreams painted on the tail.

Or sell their souls? Think we have a group that's done that.
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Old 03-29-2019, 12:26 PM
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Who do you expect to take the concessions?
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Old 03-29-2019, 01:31 PM
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Well. 4 years with the company, still no CBA, still the lowest paid. Move along.
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Old 03-29-2019, 02:56 PM
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Originally Posted by WhipWhitaker View Post
Who do you expect to take the concessions?
ATI?

Name me one ACMI carrier that has an industry standard contract- I mean comparable to the big 3, FedEx etc. Even when you throw in gateway/home basing its still not enough compensation to be equal.

Personally I'd say anything below that is concessionary.
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