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Originally Posted by D B Cooper
(Post 3135065)
That wouldn't happen if you bought a Miata
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Can you adjust all that profit sharing from 01-04 for inflation?
Not trying to pick a fight, but DB vs DC 16%, 5:15/day, PS, etc all makes the inflation argument strictly on pay rate a weak argument vs W2. |
Originally Posted by Planetrain
(Post 3135068)
Can you adjust all that profit sharing from 01-04 for inflation?
Not trying to pick a fight, but DB vs DC 16%, 5:15/day, PS, etc all makes the inflation argument strictly on pay rate a weak argument vs W2. Continue... |
Originally Posted by Fredturbo
(Post 3135069)
oh yeah, it would be the aforementioned pay rate adjusted for inflation PLUS PS. Still 16% total W2 behind, more the next few years as PS will likely be nada.
Continue... huh? -Pay rates today are 16% behind 01 adjusted for inflation. -No PS In C2K. leads me to believe since we were over 16% PS for ‘19 we came out ahead.( only .6% but still) 2020 not so much. as planetrain said there is a lot more to a contract than pay rates. We have some good work rules to back up our rates now, not sure what rigs and MDG/ADG we had back then. What was reserve like? Was it all LC with only a handful of SC conversions a month? IMO work rules are more important than rates. Southwest is a great example of this. |
Originally Posted by Fredturbo
(Post 3134914)
now adjust the current rates for inflation since 2005. They really haven’t risen much.
Thanks you beat me to it... when adjusted for inflation they are about equal. Did anyone ever study effin math and the time value of money? I feel like we’re dealing with pre schoolers counting effin blocks. Adjust that number for inflation and you’ll see a different picture. |
Originally Posted by Tailhookah
(Post 3135117)
Thanks you beat me to it... when adjusted for inflation they are about equal. Did anyone ever study effin math and the time value of money? I feel like we’re dealing with pre schoolers counting effin blocks. Adjust that number for inflation and you’ll see a different picture.
in 2006 the bankruptcy 12 year 7ER A rate was $155, adjusted for inflation would be $199.84, our current rate is $296.19 in 2004 our 7ER A rate after our pay cut was $181, adjusted for inflation would be 249.05 still $47 less than current rate. |
Originally Posted by Gone Flying
(Post 3135121)
We may not be back to our inflation adjusted C2K rates but we are WELL above our inflation adjusted BK rates.
in 2006 the bankruptcy 12 year 7ER A rate was $155, adjusted for inflation would be $199.84, our current rate is $296.19 in 2004 our 7ER A rate after our pay cut was $181, adjusted for inflation would be 249.05 still $47 less than current rate. Go back further manno... 2001 767er rate of $234 adjust for 2.5% api over 19 years=$374 Does anyone need another arithmetic lesson? We are FAR behind that. Yet Delta was making record profits. Buying back billions in stock. And wouldn’t meet us at the table... paint your own picture. |
Originally Posted by boog123
(Post 3134967)
757/767 rate in 2004 was $256 per hour, adjusted for inflation would be $352.25 per hour. Current rate is $57 lower.
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Originally Posted by boog123
(Post 3134895)
So the person who usually gets 2-3 short calls, that will now get all of them because of ULC reserve, is doing so voluntarily? Is paying their
new increased commuting/hotel cost voluntary? What about the lost time at home commuting to sit? Sorry, this is a huge give. My guess is “the max”. The reason why that’s not the case now is we have a forced excess. When that excess is removed, by one way or another, you can bet it will go up to the max again. |
Originally Posted by Tailhookah
(Post 3135130)
Go back further manno...
2001 767er rate of $234 adjust for 2.5% api over 19 years=$374 Does anyone need another arithmetic lesson? We are FAR behind that. Yet Delta was making record profits. Buying back billions in stock. And wouldn’t meet us at the table... paint your own picture. the way I read Fredturbo’s comment was our current rates were about the same as inflation adjusted BK rates, which is not true. no lesson needed BTW using the CPI, 234 in 2001 would be 343 in 2020. |
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