Is the new bar set too high??
03-11-2023, 07:05 AM
#42
Gets Weekends Off
Joined APC: Jan 2016
Posts: 309
Originally Posted by chrisreedrules
Not really. It’s simple numbers. They’re just not nearly as profitable.
03-11-2023, 07:11 AM
#43
Line Holder
Joined APC: Sep 2015
Posts: 89
Originally Posted by Five Ohh
Its whipsawing. I saw on a FA social media group of FAs losing their minds that "Greedy pilots are gonna bankrupt us!" Its just a way for corporate to pit the work groups against one another.
03-11-2023, 07:53 AM
#44
Gets Weekends Off
Joined APC: Oct 2015
Position: Gear slinger
Posts: 2,899
Originally Posted by peepz
can you please provide the seeking alpha article you are basing this from. We all know seeking alpha is the best financial tool that any pilot has on their overnights.
03-11-2023, 08:28 AM
#46
Gets Weekends Off
Joined APC: Mar 2014
Posts: 774
Originally Posted by Otterbox
He’s probably just using basic math… $7.2 Billion over 4 years weighed against AAs historical net profits (highest of something like $1.6Billion pre Covid). That’s 4.5 years of AAs best profits absorbed… The good news is that doesn’t account for future profits and AA doesn’t have to make money for executives to get paid and they’re very comfortable running revenue neutral or at slight losses.
03-11-2023, 09:36 AM
#47
Gets Weekends Off
Joined APC: Dec 2019
Posts: 1,318
Originally Posted by JLAMS16
There is an “ATC” sub on Reddit going nutz over the new pilot pay… the disdain for pilots by the people who have a lot of control over our daily lives is strong. Be careful out there.
03-11-2023, 10:44 AM
#49
Gets Weekends Off
Joined APC: Dec 2011
Position: A320 FO
Posts: 847
Originally Posted by Grumpyaviator
The bar is not too high, we have let our expectations get too low.
Now that market forces are in our favor, it’s time to capitalize before the pendulum swings and the bar moves lower again.
Now that market forces are in our favor, it’s time to capitalize before the pendulum swings and the bar moves lower again.
Wake me up when today's rates adjusted for inflation are higher than 1999. Until then I won't accept that we've reached a cycle peak. We've been abused for almost a quarter of a century. It's payback time.
03-11-2023, 10:47 AM
#50
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 39,293
Originally Posted by El Peso
Why would a bunch of government employee controllers concern themselves with what private sector pilots are paid? It’s apples to Klondike bars. The true comparison is what do they make vs ATC in Canada, Mexico, etc.
Yup.
A long time ago I got over giving the slightest rip what non-pilots think about pilot lifestyle, pay, and performance... they don't even begin to have the vaguest clue and it doesn't affect me anyway. If they haven't walked they mile, their opinion is irrelevant.
Thread
Thread Starter
Forum
Replies
Last Post
