Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Major > Delta
Any "Latest & Greatest" about Delta? >

Any "Latest & Greatest" about Delta?

Search
Notices

Any "Latest & Greatest" about Delta?

Thread Tools
 
Search this Thread
 
Old 12-26-2016, 05:43 AM
  #190951  
Gets Weekends Off
 
Joined APC: Feb 2008
Posts: 19,273
Default

Originally Posted by Herkflyr View Post
Exactly right. I'm doing things backwards (currently -30, so I will be repaying at a higher rate then when I withdrew them, but life goes on).
You repay the hour of work with another hour of work. I never understood the rate distinction. It all works out the same.
sailingfun is offline  
Old 12-26-2016, 05:51 AM
  #190952  
Gets Weekends Off
 
Joined APC: Jun 2015
Posts: 3,117
Default

Originally Posted by sailingfun View Post
You repay the hour of work with another hour of work. I never understood the rate distinction. It all works out the same.
I'm not so sure about that. If I pull 10 hours out of my bank as a $150/hr FO, I received $1,500.00 for those 10 hours. If I now repay those hours as a $225/hr Captain, I am foregoing $2,250.00 of current pay to make the deposit, which, it would seem, results in a net loss of $750 in the overall scheme of things.

Conversely, if I pulled out 10 hours out as a $225/hr Captain, I would have an extra $2250.00 of pay. If I were...say...displaced and put it back in as a $150/hr FO, I would only forego $1500 of earnings to replenish that which originally gave me $2,250.
FL370esq is offline  
Old 12-26-2016, 05:57 AM
  #190953  
Gets Weekends Off
 
Joined APC: Jul 2007
Position: Left seat of a little plane
Posts: 2,397
Default

Originally Posted by FL370esq View Post
I'm not so sure about that. If I pull 10 hours out of my bank as a $150/hr FO, I received $1,500.00 for those 10 hours. If I now repay those hours as a $225/hr Captain, I am foregoing $2,250.00 of current pay to make the deposit, which, it would seem, results in a net loss of $750 in the overall scheme of things.
You are correct...but ultimately the math takes a back seat to personal benefit. So I'm at -30 right now. Yes, I will now have to repay it at a "higher" rate, but taking the hours out when I did proved mighty useful at the time (I bought a bunch of vacation days, and I used them to great personal advantage). It was what I needed at the time and I would do it again in a heartbeat. The fact that some get all wrapped around the numerical calculations is beside the point. The fact is that some of us go negative, and others stay positive for long stretches of time. Use the bank to your personally-defined good use and forget the rest.
Herkflyr is offline  
Old 12-26-2016, 06:17 AM
  #190954  
Gets Weekends Off
 
Joined APC: Apr 2008
Position: DAL FO
Posts: 2,143
Default

Originally Posted by Herkflyr View Post
You are correct...but ultimately the math takes a back seat to personal benefit. So I'm at -30 right now. Yes, I will now have to repay it at a "higher" rate, but taking the hours out when I did proved mighty useful at the time (I bought a bunch of vacation days, and I used them to great personal advantage). It was what I needed at the time and I would do it again in a heartbeat. The fact that some get all wrapped around the numerical calculations is beside the point. The fact is that some of us go negative, and others stay positive for long stretches of time. Use the bank to your personally-defined good use and forget the rest.
All good points. Also, it's not always a straight 1:1 when you keep in mind that up to 5 hours can be used to reach the GS trigger, so sometimes 5 hours of bank time can actually yield 10 hours of pay if that's what got you to the trigger.

Personally anytime I'm over 80 credit (nearly impossible to do in a CQ or VAC month without killing yourself) I shove every minute I can into the bank. The QOL flexibility is nice to have, and as someone else pointed out, it's a lot easier to get time out of the bank than to put it in.
LeineLodge is offline  
Old 12-26-2016, 06:50 AM
  #190955  
Gets Weekends Off
 
Denny Crane's Avatar
 
Joined APC: Sep 2008
Position: Kickin’ Back
Posts: 6,971
Default

Don't worry, I can guarantee that, when you retire, your bank balance will be zero before you get your last check!

Denny
Denny Crane is offline  
Old 12-26-2016, 09:14 AM
  #190956  
seeing the large hubs...
 
iaflyer's Avatar
 
Joined APC: Oct 2006
Position: 73N A
Posts: 3,706
Default

Originally Posted by Herkflyr View Post
You are correct...but ultimately the math takes a back seat to personal benefit. So I'm at -30 right now. Yes, I will now have to repay it at a "higher" rate, but taking the hours out when I did proved mighty useful at the time (I bought a bunch of vacation days, and I used them to great personal advantage). It was what I needed at the time and I would do it again in a heartbeat. The fact that some get all wrapped around the numerical calculations is beside the point. The fact is that some of us go negative, and others stay positive for long stretches of time. Use the bank to your personally-defined good use and forget the rest.
Yes, it's like a bank loan. Some people don't like them and pay cash, other get a regular loan and pay it off over time, and some go to the payday lenders and are happy, apparently, to pay 21%..
iaflyer is offline  
Old 12-26-2016, 01:30 PM
  #190957  
Otto
 
MikeF16's Avatar
 
Joined APC: Jul 2013
Position: Turkish Pile Driver
Posts: 1,806
Default

Need a refresher, does the new pay day begin with block-in at 0230?
MikeF16 is offline  
Old 12-26-2016, 02:46 PM
  #190958  
Gets Weekends Off
 
JamesBond's Avatar
 
Joined APC: May 2015
Position: A350 Both
Posts: 7,292
Default

Originally Posted by MikeF16 View Post
Need a refresher, does the new pay day begin with block-in at 0230?
01:31.



filler
JamesBond is online now  
Old 12-26-2016, 02:48 PM
  #190959  
Gets Weekends Off
 
JamesBond's Avatar
 
Joined APC: May 2015
Position: A350 Both
Posts: 7,292
Default

Originally Posted by sailingfun View Post
You repay the hour of work with another hour of work. I never understood the rate distinction. It all works out the same.
Why did you leave the -ER for the 330 then?
JamesBond is online now  
Old 12-26-2016, 03:44 PM
  #190960  
Gets Weekends Off
 
Joined APC: Feb 2008
Posts: 19,273
Default

Originally Posted by JamesBond View Post
Why did you leave the -ER for the 330 then?
It was not about pay.
sailingfun is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
On Autopilot
Regional
22594
11-05-2021 07:03 AM
AeroCrewSolut
Delta
153
08-14-2018 12:18 PM
Bill Lumberg
Major
71
06-13-2012 08:36 AM
Quagmire
Major
253
04-16-2011 06:19 AM
JiffyLube
Major
12
03-07-2008 04:27 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices