Will ExpressJet survive this?
07-23-2020 | 10:37 AM
#1032
Gets Weekends Off
Joined: Oct 2015
Posts: 3,200
Likes: 43
From: Gear slinger
Now is the time to stop the whipsaw.
I’m of the opinion XJT’s fate is set and UAX is taking advantage of a bleeding man by stealing his wallet. The block hours aren’t there, XJT doesn’t own their jets, and too many top tier or max pay pilots.
For an entry level pilot to come in now it’s $40/hr and say 80hrs avg line.
$40 x 80 x 12= $38,400 before taxes, insurance, 401k
No more sign on bonus.
Per Diem is not included because it’s not salary.
$40 hr is assuming you fly 75hr avg per quarter for the quarterly bonus which no new pilot will make until 2 or 3 quarters with a line.
With concessions, take home pay will be in the mid to high 20’s...all after $70k+ in training, 4 year degrees to be competitive, and hustling for 1500hrs min ATP (which will be meaningless because requirements will go up now to compete with furloughed pilots).
If XJT accepts pay and benefit cut it will have a trickle down effect to every regional and set the industry back 20 years. Working for 2002 dollars in 2020.
Remember ‘you must sign this contract to get the 175s‘. Then they got rid of them. Remember Letter 2? XJT is being used as pawns to whip saw the industry. Not just XJT but all regional need to stand their ground for this to work. Time to Braveheart this b*tch!!
I’m of the opinion XJT’s fate is set and UAX is taking advantage of a bleeding man by stealing his wallet. The block hours aren’t there, XJT doesn’t own their jets, and too many top tier or max pay pilots.
For an entry level pilot to come in now it’s $40/hr and say 80hrs avg line.
$40 x 80 x 12= $38,400 before taxes, insurance, 401k
No more sign on bonus.
Per Diem is not included because it’s not salary.
$40 hr is assuming you fly 75hr avg per quarter for the quarterly bonus which no new pilot will make until 2 or 3 quarters with a line.
With concessions, take home pay will be in the mid to high 20’s...all after $70k+ in training, 4 year degrees to be competitive, and hustling for 1500hrs min ATP (which will be meaningless because requirements will go up now to compete with furloughed pilots).
If XJT accepts pay and benefit cut it will have a trickle down effect to every regional and set the industry back 20 years. Working for 2002 dollars in 2020.
Remember ‘you must sign this contract to get the 175s‘. Then they got rid of them. Remember Letter 2? XJT is being used as pawns to whip saw the industry. Not just XJT but all regional need to stand their ground for this to work. Time to Braveheart this b*tch!!
Pay at the AA wholly owned regionals improved almost immediately upon Kirby’s ousting from AAG. Pay and QOL increases had been improving constantly since his departure.
Goodluck.
07-23-2020 | 12:36 PM
#1040
Gets Weekends Off
Joined: Aug 2009
Posts: 511
Likes: 0
The legacy XJT pilot group has always been the first to stand up and say NO to concessions, setting the tone for regional industry contract negotiations as a whole. See every contract negotiation and vote since Contract 2004.
BUT, things have changed and unfortunately I think the vast majority of the legacy group that voted no in the past has moved on. This leaves a bunch of non legacy XJT lifers and new hires that may tilt the ship, unfortunately, in the wrong direction. Good luck to all!
BUT, things have changed and unfortunately I think the vast majority of the legacy group that voted no in the past has moved on. This leaves a bunch of non legacy XJT lifers and new hires that may tilt the ship, unfortunately, in the wrong direction. Good luck to all!
You do know that the pilots voted in a concession pay cut in 08 and never got it back. That '04 contract was changed with lower rates in '08 because the XJT pilots did vote in a pay cut.
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