What are you really making?

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05-19-2018 | 07:01 PM

#11

Paid2fly

Gets Weekends Off

Joined: May 2009

Posts: 2,035

Likes: 0

Quote:

Originally Posted by KC135

I like your thinking. This is exactly why I work at an airline with all 1 day trips, quick turns, no airport sits, and live 10 mins from the airport with no trams/shuttles to take. Time is money and it makes QOL unparalleled.

Where can one find this "Unicorn" airline?

05-19-2018 | 07:04 PM

#12

Terrain

Line Holder

Joined: Sep 2017

Posts: 26

Likes: 0

From: PPOS

Quote:

Originally Posted by Paid2fly

Where can one find this "Unicorn" airline?

I’m guessing Allegiant.

05-19-2018 | 07:06 PM

#13

rickair7777

Prime Minister/Moderator

Joined: Jan 2006

Posts: 45,167

Likes: 803

From: Engines Turn or People Swim

Quote:

Originally Posted by BobbyLeeSwagger

The most common way to figure pilot pay is to take hourly × 1000= annual gross. Might be a little more or less, maybe by 5-10%, but in general it works pretty good

Of course add any bonuses on top of that figure

Regionals, once off reserve are probably going to work you more. With bonuses and 401k, it's probably more like 1200 or 1300 as the multiplier.

05-20-2018 | 07:20 AM

#14

BobbyLeeSwagger

Moderator

Joined: Sep 2017

Posts: 3,202

Likes: 0

From: MEC Chairman, Snack Basket Committee

Quote:

Originally Posted by rickair7777

Regionals, once off reserve are probably going to work you more. With bonuses and 401k, it's probably more like 1200 or 1300 as the multiplier.

So take 1200 and multiply by the TLES and ratio that against estimated annual block to find the work per/hr unit.

1200 x .7= 840 hrs (TLES)
Est. Blk 1000 for regional FO (worst case)

Work per hr unit is 21:250. Not bad

05-20-2018 | 07:53 AM

#15

BobbyLeeSwagger

Moderator

Joined: Sep 2017

Posts: 3,202

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From: MEC Chairman, Snack Basket Committee

So with that ratio, take (21 x 12) divide that by your annual comp of around 55k after bonus. You basically get paid 218 bucks an hour FOs

05-20-2018 | 08:20 AM

#16

Excargodog

Perennial Reserve

Joined: Jan 2018

Posts: 14,261

Likes: 259

Quote:

Originally Posted by BobbyLeeSwagger

So with that ratio, take (21 x 12) divide that by your annual comp of around 55k after bonus. You basically get paid 218 bucks an hour FOs

Do you have to declare your snack basket depredations to the IRS?

05-20-2018 | 08:35 AM

#17

poorflyer

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Joined: Mar 2017

Posts: 859

Likes: 4

Quote:

Originally Posted by Excargodog

Do you have to declare your snack basket depredations to the IRS?

Only if you ate them while still in your home base state. IRS Code 132.67(c):2

05-20-2018 | 08:43 AM

#18

BobbyLeeSwagger

Moderator

Joined: Sep 2017

Posts: 3,202

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From: MEC Chairman, Snack Basket Committee

Quote:

Originally Posted by poorflyer

Only if you ate them while still in your home base state. IRS Code 132.67(c):2

And if you forget to eat a snack on a particular leg, you can write it off as a loss.

IRS Code 132.21(a)4 under "Rules Governing the Shake N Bake for DOT employees and other Non Entities"

05-20-2018 | 10:17 AM

#19

Excargodog

Perennial Reserve

Joined: Jan 2018

Posts: 14,261

Likes: 259

Quote:

Originally Posted by BobbyLeeSwagger

And if you forget to eat a snack on a particular leg, you can write it off as a loss.

IRS Code 132.21(a)4 under "Rules Governing the Shake N Bake for DOT employees and other Non Entities"

So you get to take a deduction for something you sto...., uh, that is