Any "Latest & Greatest" about Delta?
03-26-2018 | 06:43 AM
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I think pay in those days is a bit overrated. In 1986 a L011 CA made about 160,000 a year. Cuts had not hit the top at that point. Inflation calculator pegs that at 360,000 a year today. A 350 CA flying his basic line will make about the same. Add in PS and its more.
03-26-2018 | 07:42 AM
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From: Cockpit speaker volume knob set to eleven.
03-26-2018 | 07:48 AM
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From: retired 767(dl)
The 1986 guy paid nothing for a cadillac (see what I did there) medical plan and paid nothing for a fantastic retirement plan that paid tens of millions of dollars in benefits for 40 years b4 bankruptcy. To say nothing of work rules. I'll bet the 1986 total compensation package was much higher all in apples to apples
03-26-2018 | 07:57 AM
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From: retired 767(dl)
03-26-2018 | 08:58 AM
:-)
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I think pay in those days is a bit overrated. In 1986 a L011 CA made about 160,000 a year. Cuts had not hit the top at that point. Inflation calculator pegs that at 360,000 a year today. A 350 CA flying his basic line will make about the same. Add in PS and its more.
03-26-2018 | 09:03 AM
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I did not mean to imply that any one person received 40 years of retirement benefits, nor to imply that there wasn't real harm suffered by those who lost massively on the banruptcy. The point I made a was that the plan was in effect for that long or longer, probably paying benefits to hundreds (thousands?) Of employees who paid nothing for that benefit. I was trying to make an apples to apples comparison on total comp, not just pay, and certainly not trying to understate any loss suffer by those who lost their retirement.
03-26-2018 | 09:06 AM
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From: ERJ
But you’ve come here to lay blame on someone for the reason it’s not better. There was much sacrificed to get the industry where it is. Maybe, just maybe we haven’t taken kindly to your complete lack of appreciation of the hardships and complicated choices made in our past. But I will say, despite your “poopplop” attitude towards your brethren you at least learned a few lessons about scope. Always vote NO and you can never be blamed though right.
A poor decision made under difficult circumstances is still a poor decision. Anybody in this industry should understand that. Therefore, I don't care if you don't take kindly to me explaining the truthful history and consequences of the decisions made. If you want someone to pretty up the story so it looks better for you, please ask someone else.
03-26-2018 | 09:07 AM
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Can you explain that. Interest rates were really high in 1986. You also need to keep in mind that the current Captain can earn far more with the options for premium pay. We have lots of pilots exceeding 500 and even a few over 600K. I tried however to compare apples to apples.
03-26-2018 | 09:14 AM
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If a newbie applied both the DC and PS to investments/retirement it could potentially be a bunchadough! Hopefully they won't revisit 5yr B-scale, 9-11, multiple market dumps, BK, Pension termination, targeted DC, 5yr stag due to changing retirement age... Note to newbies: save some dough cause you never know. OFG
03-26-2018 | 09:27 AM
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Is your google less effective than mine? Figure it out and report back. Fact is your questions are likely impossible to accurately answer with any degree of honesty. One could certainly pick and choose statistics that support their cause. Alaska bush pilots probably have the highest mortality rate, although I'm sure somebody here will tell me how they were an Alaska bush pilot and now fly for major XXX I'd be willing to bet that's not the path most people choose to take with the end goal being a major airline pilot. After that it gets almost impossible to find anything definitive.
The issue I want to bring up is that having an argument about civilian vs military and whose balls are bigger will net you nothing.
A person should be more about how they treat people after the journey is complete.
As I cross the finish line of a marathon, I'm not going to look at the guy or gal that finishes next to me and start telling him he wasn't as good an athlete because he chose to do high altitude training while I chose to do pool training. We both finished the race at the same time. Instead, I'll meet up with him at the beer tent afterwards and share stories and find out what he learned while running in the mountains. And he'll probably ask me what I learned while I was pounding laps at the LA Fitness. And we'll have a good time.
The insecure will start screaming about how their training is the best, and everyone else is a lesser person for not doing it "their way."
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