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Originally Posted by newKnow
(Post 1190455)
Denny Crane! How ya doing? :)
I doin' great!! Just biding my time by pulling out my hair while I wait to see whats in the TA!!:eek: :) Denny |
Originally Posted by Denny Crane
(Post 1190483)
I doin' great!! Just biding my time by pulling out my hair while I wait to see whats in the TA!!:eek: :)
Denny |
Originally Posted by Denny Crane
(Post 1190483)
I doin' great!! Just biding my time by pulling out my hair while I wait to see whats in the TA!!:eek: :)
Denny __________________________________________________ _ SWAPA has officially stated that their average Captain makes over $230,000/year. They go on to say that their average pilot gets 105 TFP/month. The current 12 year Captain rate at SWA is $186.06. So, at 105 TFP/month, that translates into an annual income of $234,436, which is consistent with their statement of "over $230,000." They get a 9.3% company match for their 401k. So, they have to contribute 9.3% in order to get the match of 9.3%. Of course, this is still money that is paid to them. But they cannot use it for living expenses if they want to get the benefit of the 9.3% company contribution. So you could look at it that their average Captain pay is $212,634 (before taxes of course) and they are getting an 18.6% DC contribution. There is also profit sharing, which for the past 5 years has averaged 8% at SWA. As I understand it, their profit sharing goes into their 401k too. So, total compensation for the SWA Captain (including DC and profit sharing) = $234,436 + $21,803 (company match) + $18,755 (profit sharing) for a grand total of $274,994. Assuming our average MD-88 Captain flies 80 hours per month at the current 12 year rate of $168, that translates into an annual income of $161,280. Add in the 14% DC contribution of $22,579 and the profit sharing he got for last year of about $7500 for a grand total of $191,359. For our MD-88 Captain to have total compensation equal to an SWA Captain, he would need $83,635 more, which would be a percentage increase of ~44%. __________________________________________________ ____ Oh... and Section 1 (scope) must take very positive steps to reverse the outsourcing. Read my lips: NO NEW RJ's! :eek: |
Originally Posted by bluejuice71
(Post 1190405)
I'm missing something. If our capacity is going to be down another 3-4% why would we be getting a bunch of 717's that are supposedly growth airframes?
Blue, These numbers often represent capacity of the Delta "system" which includes DCI and possibly even some JV (not really sure about JVs). So DCI can be getting reduced more and mainline less etc. As far as the 717s, even if we are getting them, which is still not known, they would trickle in slowly and probably wouldn't be online in any great number until next summer at the earliest anyway. And relax Gloopy - if we do get the 717s, they will be sans Pilots. :) Scoop |
Originally Posted by Carl Spackler
(Post 1190459)
Totally agree. Another point that I've not heard discussed is that the Environmental "Protection" Agency hasn't approved the construction of a new refinery in over a decade. Good luck to any competitor trying to find a refinery to buy...because it's damn sure nobody can build one. Delta's done the equivalent of purchasing the only home for sale in a neighborhood with a building moratorium.
Carl |
Excellent post DAL 88 Driver. People need to be reminded of how far we've fallen and what it would take just to match SWA. This TA better address the inequities or it'll be a no vote from me.
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Originally Posted by DAL 88 Driver
(Post 1190485)
While we're all waiting, here are some interesting facts to mull over...
__________________________________________________ _ SWAPA has officially stated that their average Captain makes over $230,000/year. They go on to say that their average pilot gets 105 TFP/month. The current 12 year Captain rate at SWA is $186.06. So, at 105 TFP/month, that translates into an annual income of $234,436, which is consistent with their statement of "over $230,000." They get a 9.3% company match for their 401k. So, they have to contribute 9.3% in order to get the match of 9.3%. Of course, this is still money that is paid to them. But they cannot use it for living expenses if they want to get the benefit of the 9.3% company contribution. So you could look at it that their average Captain pay is $212,634 (before taxes of course) and they are getting an 18.6% DC contribution. There is also profit sharing, which for the past 5 years has averaged 8% at SWA. As I understand it, their profit sharing goes into their 401k too. So, total compensation for the SWA Captain (including DC and profit sharing) = $234,436 + $21,803 (company match) + $18,755 (profit sharing) for a grand total of $274,994. Assuming our average MD-88 Captain flies 80 hours per month at the current 12 year rate of $168, that translates into an annual income of $161,280. Add in the 14% DC contribution of $22,579 and the profit sharing he got for last year of about $7500 for a grand total of $191,359. For our MD-88 Captain to have total compensation equal to an SWA Captain, he would need $83,635 more, which would be a percentage increase of ~44%. __________________________________________________ ____ Oh... and Section 1 (scope) must take very positive steps to reverse the outsourcing. Read my lips: NO NEW RJ's! :eek: http://www.ipad-wallpapers.us/bgs/ho...background.jpg |
Originally Posted by Scoop
(Post 1190493)
Blue,
These numbers often represent capacity of the Delta "system" which includes DCI and possibly even some JV (not really sure about JVs). So DCI can be getting reduced more and mainline less etc. As far as the 717s, even if we are getting them, which is still not known, they would trickle in slowly and probably wouldn't be online in any great number until next summer at the earliest anyway. And relax Gloopy - if we do get the 717s, they will be sans Pilots. :) Scoop http://theicarusproject.net/files/im...ll.preview.jpg |
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