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2Q 2025 Earnings Call - Aug 5

Old 08-22-2025 | 05:32 AM
  #251  
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Originally Posted by captnate702
You do realize we have the greatest job in the world and will be making WAY more than we ever dreamed possible just 8-10 years ago.

Maybe I’m just speaking for myself but I look at my friends and family and the garbage they put up with at work (doctors, lawyers, plumbers, accountants, landscaping, etc.). It all sounds way worse than the stuff I deal with the 10-13 days a month I work. Not to mention I’m looking at a minimum of a 42% raise in my overall compensation.

Do I wish I was paid on par with legacies - of course. Am I still going to make more money and continue to spend a ton of time at home with my family than I ever thought possible: yes.

Don’t get caught up in the moment. We have the best job in the world and will be paid more than we ever thought possible (notwithstanding the pay will be less than legacies) when the time comes.
CaptNate, I wanna thank you. Your posts are so obviously mgt or just general trolling that it makes for decent entertainment. But I especially like posts like this because it gives me an opportunity to help out my fellow pilot brethren. You see, F9 pilots aren't the most unified. We're disjointed. We have a lot of those who feel like they don't deserve legacy rates, that somehow they're lesser because the company is lesser. That it's their job to make sure the company makes money despite the fact that the company could give a rats a$$ about what any pilot thinks, suggests or cares about. So your message is an opportunity to help bring us closer together. To get all of us thinking the same - the way OTHER airlines also want us to think. To help out ourselves and the collective pilot groups across this nation by not accepting less than the going rate.

But to your point specifically...your comparison above is a comparison of apple and oranges. Yes, being a pilot is better than being a landscaper or plumber or accountant or <insert other profession here> but make no mistake, each profession pays different. Surgeons make more than landscapers. Attorneys make more than plumbers. Accountants make more than McDonald's cashiers. Why? Because surgeons, attorneys and accountants (and pilots) are SKILLED labor. It takes 3-5 years to become a surgeon. Same for pilots. And, it costs a sh!tload to do so. You or I could work for McDonald's w/ a high school diploma.

Second, surgeons in NY do make more than those in OK. The cost of living in OK is much less than NY. This argument has nothing to do with pilots. This is an apples to wheelbarrows comparison. Pilots obviously don't fly in just one state. You're a pilot who flies to over 120 different destinations. And, you could be FORCED to be based in a place you don't necessarily want (a more expensive base) due to a base closure. Not sure if you were here then, but F9 closed a base in the 3rd largest city in the US and displaced about 100 pilots involuntarily. Do you think that ever happens to a surgeon in Tulsa? And, while we're on the subject, I'm sure you know that surgeons in OK still make more than F9 pilots (and work probably about as much). Surgeons (not just doctors) are the elite of their profession. Insurance usually pays most of it but have you ever looked at a bill where surgery was needed (even in OK)?

So, there's really no way around it. Pilots at F9 should be compared to pilots at other major airlines. Plain and simple. That's apples to apples. Any pilot that flies an Airbus A321neo (or the equivalent Boeing) is our comparison group. Does that include Spirit and Allegiant? Yes, it does. But it ALSO includes Big 4, AK, JB, etc. You certainly can't leave any of them out just to fit your narrative.

In the end, there really is no way around the fact that despite how WONDERFUL your flying job is here, it's EVEN MORE WONDERFUL at other places for doing the same thing. There are 10 other major airlines in the US (DL, AA, UA, NK, JB, AK/HW, WN, SY and G4) and the ONLY one that pays less is G4 (and they're in negotiations as well). UA 321 pilots have the same days off, better reserve rules (18 hour long call, short call that includes extra pay, etc.) and are paid more per hour. AA 321 pilots fly some of the same routes, have jumpseats they can reserve (for commuters) and are paid more per hour. DL 321 pilots get meals, stay in better hotels and are paid more. And when I mention paid more - it's a HUNDRED+ dollars more PER HOUR.

Is your flying really that great that someone else who looks just like you, went to the same schools and has the same experience worth $100+ more per hour than you? Im sure there's a landscaper that just LOVES their job but if they found out the landscaping company across the street pays 45% more, they would consider asking their boss for a raise.

Legacy rates, Captnate. Legacy rates.

Last edited by dracir1; 08-22-2025 at 05:53 AM.
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Old 08-22-2025 | 06:14 AM
  #252  
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Originally Posted by captnate702
You do realize we have the greatest job in the world and will be making WAY more than we ever dreamed possible just 8-10 years ago.

Maybe I’m just speaking for myself but I look at my friends and family and the garbage they put up with at work (doctors, lawyers, plumbers, accountants, landscaping, etc.). It all sounds way worse than the stuff I deal with the 10-13 days a month I work. Not to mention I’m looking at a minimum of a 42% raise in my overall compensation.

Do I wish I was paid on par with legacies - of course. Am I still going to make more money and continue to spend a ton of time at home with my family than I ever thought possible: yes.

Don’t get caught up in the moment. We have the best job in the world and will be paid more than we ever thought possible (notwithstanding the pay will be less than legacies) when the time comes.
Wow. Who let Biffle get an APC login?

You are embarrassing the rest of your G4 people. They deserve better than to have to sit next to you.
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Old 08-22-2025 | 07:20 AM
  #253  
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Originally Posted by captnate702
those same corporations that have stolen from the average worker have also caused my stock portfolio to grow at close to 20% year over a year for the past 15 years. It is absolutely insane for a pilot who receives a direct contribution into a 401(k) back by the stock market to complain about corporations not oaying workers what the “deserve”.

Or are you putting your direct contribution into a savings account and earning 4% yoy? Oh you choose to invest in the S&P? Then all this complaining about these evil corporations is pure hypocrisy and posturing.
You DO realize there's risk involved in the market...20% is great but not typical. You must be really smart. But how did your portfolio do during 9/11? During the housing crisis? During COVID?

Only a fool would prefer (praise) 401k contributions over solid salary. Especially when that salary is hundreds of thousands less. If you made $100k more per year but got 1% less of DC you'd still have more in your 401k (AND wallet).


But as I mentioned, you're a smart one. You already knew that.

Last edited by dracir1; 08-22-2025 at 07:35 AM.
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Old 08-22-2025 | 09:03 AM
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Originally Posted by captnate702

Or are you putting your direct contribution into a savings account and earning 4% yoy? Oh you choose to invest in the S&P? Then all this complaining about these evil corporations is pure hypocrisy and posturing.



.
you know…. There’s other ways to invest your money besides paltry savings accounts, index funds, and 401ks.

some of us have pretty lucrative side hustles that require financial investments.

but I’ll follow Captnate for more advice on how to achieve financial independence.

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Old 08-22-2025 | 09:15 AM
  #255  
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Originally Posted by dracir1
You DO realize there's risk involved in the market...20% is great but not typical. You must be really smart. But how did your portfolio do during 9/11? During the housing crisis? During COVID?

Only a fool would prefer (praise) 401k contributions over solid salary. Especially when that salary is hundreds of thousands less. If you made $100k more per year but got 1% less of DC you'd still have more in your 401k (AND wallet).


But as I mentioned, you're a smart one. You already knew that.
First, I would never prefer retirement contribution over solid salary/hourly rate - that was never a question.

Your argument was that I should hate big corporations and not support the Amazons, Walmarts, etc. that don't pay workers the money they "deserve". And that line of thinking is fatally flawed if you are strongly supporting those same corporations by gobbling up their stock every pay period when you or your employer contribute to an S&P backed 401k plan. That was my argument.

And near 20% returns has been a cake walk over the past ten years. QQQ invesco is 19% over the past decade and that is a simple index fund. I am an idiot, not a day trader.
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Old 08-22-2025 | 09:47 AM
  #256  
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Originally Posted by captnate702
First, I would never prefer retirement contribution over solid salary/hourly rate - that was never a question.

Your argument was that I should hate big corporations and not support the Amazons, Walmarts, etc. that don't pay workers the money they "deserve". And that line of thinking is fatally flawed if you are strongly supporting those same corporations by gobbling up their stock every pay period when you or your employer contribute to an S&P backed 401k plan. That was my argument.

And near 20% returns has been a cake walk over the past ten years. QQQ invesco is 19% over the past decade and that is a simple index fund. I am an idiot, not a day trader.

I was the one slamming employers who steal from their employees. No I don’t invest in Amazon or other companies like that. Because I have a moral compass bigger than your ego.


I on the other hand have in a previous life made very lucrative moves on the market before changing to a more respectful strategy of labor.

You demand more compensation you have a union you secure good quality of life this way. No I didn’t vote for the admin that is so adamantly anti-labor that they steal from their own voters daily with their new tarrif policy, because I understand economics at an undergraduate level. I suggest you go back to your side of the forum and step out of our negotiations. Pattern bargaining is what it’s all about. Not to bring up the bottom but to strive for the top rate. If you don’t understand that either then I’m worried about your family having you as a contributor.
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Old 08-22-2025 | 10:01 AM
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Originally Posted by VisionWings
I was the one slamming employers who steal from their employees. No I don’t invest in Amazon or other companies like that. Because I have a moral compass bigger than your ego.


I on the other hand have in a previous life made very lucrative moves on the market before changing to a more respectful strategy of labor.
Got it. So after you made your millions or tens of millions off the backs of poverty level workers at big business you decided to have a more "respectful strategy of labor." How incredibly NOBLE of you. I hope someday after I have made my share of "very lucrative moves on the market" I can have a moral compass as big as your ego.
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Old 08-22-2025 | 10:09 AM
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Originally Posted by LinaPeru
you know…. There’s other ways to invest your money besides paltry savings accounts, index funds, and 401ks.

some of us have pretty lucrative side hustles that require financial investments.

but I’ll follow Captnate for more advice on how to achieve financial independence.

So where do you put the direct contribution from your employer? If its in the market then you are benefiting from big business. That is the point I am making. If Vision Wings is so noble that after he made his millions or more from the market he is no longer supporting big business then where he is putting his direct contribution?

I work about 11 days a month and sleep at home every night. of course i have a side hustle and other investments. I am talking specifically about the 401k contributions that we all have and how we benefit a great deal from big business screwing over workers. Not saying that is okay, but to ignore how greatly we benefit from those same big businesses is posturing and disingenuous.
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Old 08-22-2025 | 11:25 AM
  #259  
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Originally Posted by captnate702
of course not. But a surgeon in Oklahoma gets paid differently than a surgeon in NYC even tho perform the exact same procedures.

And flying planes a third of the month is WAY better than being a surgeon who works 24/7.

there is no soft time, pay protection, or paid time off for surgeons 😉
Surgeons work 24/7 ?

The one I know personally, owns numerous clinics in a major metro area and has an LLC his Gulfstream 550 is owned by. He flies it (well, his Pilots do...) all over the country.

He has never told me his job sucks. Not sure he considers it "work." He LOVES his job. His income is lovable also.

He has never been furloughed

His medical school debt was immediately paid off once he started work as a surgeon

His hot, not working wife, stays home and is a great person.

Not once has he wished he was an airline pilot.
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Old 08-22-2025 | 12:18 PM
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Originally Posted by captnate702
So where do you put the direct contribution from your employer? If its in the market then you are benefiting from big business. That is the point I am making. If Vision Wings is so noble that after he made his millions or more from the market he is no longer supporting big business then where he is putting his direct contribution?

I work about 11 days a month and sleep at home every night. of course i have a side hustle and other investments. I am talking specifically about the 401k contributions that we all have and how we benefit a great deal from big business screwing over workers. Not saying that is okay, but to ignore how greatly we benefit from those same big businesses is posturing and disingenuous.
I use my salary and reinvest in my business. I sell feet pictures of pilots on OF.
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