ALPA: Don't raise retirement age
05-21-2022 | 10:41 AM
#41
Prime Minister/Moderator
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From: Engines Turn or People Swim
The training will cost more than the CBAs. Let the new pilot pay to train themselves and then they can choose what airline works best for them and the most lucrative CBA being a motivating factor instead of paying for their training and getting servitude.
We are airline pilots did we forget. The idea is to pull as much compensation out of these places as possible. Let the managers run the companies because their other goal is pulling out as much cash as possible for themselves.
The spirit CEO gets $12M in bonus for closing the frontier merger so tells JetBlue they aren’t interested and also they don’t expect any increase in pilot cost for five years.
We are airline pilots did we forget. The idea is to pull as much compensation out of these places as possible. Let the managers run the companies because their other goal is pulling out as much cash as possible for themselves.
The spirit CEO gets $12M in bonus for closing the frontier merger so tells JetBlue they aren’t interested and also they don’t expect any increase in pilot cost for five years.
Obviously increased CBA compensation is good for us. That would be my choice if it were up to me. Duh.
But while that might attract the interest of more noobs, there's not a big difference between $200K- 300K from the perspective of a teenager or college grad... anything in that range is pretty good. Problem is they still have to bridge the 1500 hour valley. A lot of time and money invested, with some uncertainty as to the ultimate outcome. There are a lot of people out there who don't have aviation friends or family, and thus have no idea how to go about it.
With an airline owned or sponsored training program, the airlines could get ab initio pilots to the regionals for about $150K each... so the cost of a junior legacy FO for one year.
Remember regionals are already throwing around cumulative bonuses in that range anyway (and mainline is ultimately footing the bill). If you do sponsored ab initio, the student is obligated to serve X number of years at your regional and/or mainline as payback.
The current regional bonuses are just fighting for qualified pilots. Ab initio would attract new pilots. Especially since they don't have to take a lot of responsibility on themselves, other than complete training.
But this is just discussion, the ship has already sailed and it would probably take the majors several years to get something like this set up. They might even have to get the mfgs to increase production of ASEL trainers to have enough capacity. They assumed the GA industry would step up on their own, and of course they could not. COVID-induced industry uncertainty probably spooked a few potential students as well (mu cousin's husband bailed on his flight training in early 2020).
05-21-2022 | 10:53 AM
#42
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$200k-$300k would be a good starting point at 1500hrs. We may never make what MDs make but that’s what I want it to be. High barriers to entry with effort, skill, and cost. Make it over the hump and your know you’ll make bank. Only the best make it out and no shortage of applicants.
05-21-2022 | 12:18 PM
#43
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Massive /s
05-21-2022 | 01:07 PM
#44
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Not their problem to solve.
05-21-2022 | 01:55 PM
#45
Where's my Mai Tai?
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From: fins to the left, fins to the right
3. Do you know how much it costs and how long it takes to get a bachelor, go to med school, and complete a residency? A lot longer than two years and a lot more than $100k. Now that’s a barrier to entry yet folk still getting into the field. I bet less than half do it bc their primary reason is helping people. Big money and prestige are primary. Give us that and no more shortage and you could even make the requirements that much harder.
No one is paying back the pilots (except Uncle Sam) for the training.
05-21-2022 | 02:41 PM
#46
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05-22-2022 | 07:24 AM
#47
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05-22-2022 | 01:34 PM
#49
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The anti regulation is a CEO’s wet dream, with Elon smiling down over the rest.
05-22-2022 | 08:16 PM
#50
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From: UNA
Crazy
extreme /S
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