AA and LCC settled suit
 

Can't find a link yet, it's fresh news but the suit has been settled this am.
I was trading AAMRQ that's why I know ($$$)

It'll be interesting to see what sort of divestitures had to happen to get this through and which airlines will be the beneficiaries of those divestitures.

So...what's the next consolidation scenario?

Are you hoping to get real stock when the merger gets completed? I would think that all (AAMRQ) gets flushed when merged???

Let it ride.

AMR, US Air Confirm Settlement with US DoJ | Benzinga

"Under the terms of the settlement, the airlines will divest 52 slot pairs at Washington Reagan National Airport (DCA) and 17 slot pairs at New York LaGuardia Airport (LGA), as well as certain gates and related facilities to support service at those airports.[i] The airlines also will divest two gates and related support facilities at each of Boston Logan International Airport, Chicago O'Hare International Airport, Dallas Love Field, Los Angeles International Airport, and Miami International Airport. The divestitures will occur through a DOJ approved process following the completion of the merger. Despite the divestitures, the new American is still expected to generate more than $1 billion in annual net synergies beginning in 2015, as was estimated when the merger was announced in February."

CNN is saying they're giving up 104 DCA slots and they're selling to LCCs only. That's pretty significant if its true.

US Airways and American Airlines reach deal with Justice to allow merger - Nov. 12, 2013

It's 52 slot pairs, or 15% of DCA operation.

"Under the terms of the settlement, the airlines will divest 52 slot pairs at Washington Reagan National Airport (DCA) and 17 slot pairs at New York LaGuardia Airport (LGA), as well as certain gates and related facilities to support service at those airports. "

AMR Corporation and US Airways Announce Settlement with U.S. Department of Justice and State AGs | New American Arriving

The settlement wil result in the new American operating 44 fewer DCA daily departures than the 290 that American and US Airways currently operate. At LGA, 12 fewer daily departures than the approximately 175 collectively operated today.
Included are eight DCA slot pairs that American currently leases to JetBlue and five LGA slot pairs that American leases to Southwest.

So AA reduces small markets and JB adds more 59$ fares to FL. :rolleyes:

Hoping isn't trading, it's investing...
I'm not an investor, I trade the momentum during the day.
AAMRQ will probably get flushed and they'll come up with a new stock ticker, but AAMRQ holders will get new shares. (Not sure but I think that's how they do it).

Anyone have any insight on how many AA pilots will be based in New York (as a combined airline) , and taking into effect the slots that are being givin up, and how many AA pilots are based in New York now as a standalone airline before the merger.

Now that the legacies have consolidated to just three, that's it at the legacy level. The DOJ will not allow any combination of Delta/AA/United to merge. Next up will be the LCC/Major level consolidation to ensure long term success. VX has to IPO first and once done I would imagine within 5 years that JetBlue and Virgin America will merge. Maybe call it virginBlue or something. With Frontier's new Indigo owners who are ex-Spirit and with Frontier being turned into a ULCC airline, I would say that Frontier and Spirit will merge. I wouldn't rule out Hawaiina/Alaska either, that could be a merger as well.

So with all these divestures of LGA and DCA flying, what does that mean for the combined pilot group of nearly 15,000 pilots? I think the writing is on the wall for the airline being "overstaffed" once the merger is done and the slots divested, despite the retirements (which don't begin in large numbers until 5 years from now).

Those slots are just a p*ss in the pot for the whole operation. It's about as miniscule as taking one grain of sand out of an entire pail full. The will reallocate those resources to other hubs most likely anyway.

According to the ToHo/Parker memo, most of the routes we have to divest will be RJ routes. I've suspected for a while that we were basically just banking some of those slots as bargaining chips, sending RJ's out to who cares destinations. The consolidation might slow hiring somewhat but I'd expect it to continue.

Or axe the 50 seaters when the contracts are up. AWAC comes to mind.

RAH's operation will hopefully be downsized as well.

dont be so negative. This is great news for both pilot groups.

Shyguy,

Worry about your own airline. The writing is on the wall.:)

TEN

1/3 of the East list is gone in under 5 years. I would consider this a significant amount.

About 350 retire age 65 2014 combined USAirways and AA.
Another 350 2015.

Aa only retires something like 50 the next two years. It picks up in 2016

Dude I thought I was the most negative person out there. Clearly you win. You were wrong about the merger and the retirements- take the rest of the week off... It's approximately 200, refer to the APA/USAPA comparison they sent out in the mail before we voted.

You might want to double check that. Anyone holding stock in a bankrupt company gets nada when the new stock is issued. Only those who are creditors get the new stock. Stockholders are not considered creditors. Bond holders are. Which are you?

Fully correct, concur

Uh no it's 58 next year for AA.

APC shows 58 for this year and 83 for 2014. Where's your 58 coming from?

AA and LCC settled suit
 

You're off a year, CP. It's 83 in 2014 and 112 in 2015.

Oh nm I got the years mixed up.

This particular bankruptcy is different...AAMRQ stock holders will gain shares of the new AAG. Here's a great article if you're into investing.

AMR Corporation Is A Bargain [US Airways Group Inc] - Seeking Alpha

Additionally, I've heard elsewhere that when the merger is completed AAMRQ holders will hold an amount of shares of AAG to equal approximately 72% of the price of what LCC traded on the last day prior to the merger (i.e. if it was today, AAMRQ would get $16 a share). This is more of a WAG though.

The article needs to read with care (but wait until later in the day tomorrow so I can load up on AAMRQ and then dump them to everyone else that misreads the article)...

"Under the terms of the Plan, the merged entity, American Airlines Group (AAG), will be owned by the existing LCC shareholders and the stakeholders of AMR. Specifically, existing LCC shareholders will exchange their LCC shares for a 28% ownership interest in AAG. AMR stakeholders will receive the remaining 72% ownership in AAG in exchange for their claims and equity interests in AMR Corp."

LCC shareholders will get shares of AAG.
AMR stakeholders will get shares of AAG.
AAMRQ shareholders will get nothing.

It is impossible for shareholders of a BK organization to receive any equity upon exit from BK. The enterprise went BK due to the fact that they had more liabilities than assets. The remaining assets were divided up between the secured and unsecured creditors. Shareholders are not a party of either group.

Anywhoo, congrats to the AA and Airways gents.

Seeking Alpha is a place where amateur investors (semi-serious) and analysts can open an account and "publish" articles. Kinda cool but kinda dangerous. I know because I am there myself. With that said, here is another article, from Seeking Alpha, dated 2012, with quite the opposite opinion

AMR Corporation (AAMRQ): AMR Shareholders Will Get Zero In Any Takeover Deal - Seeking Alpha

In summary, if I held it, I would sell it to the large crowd of hungry piranhas that will snap them up, now, and take your profits. If you wait to long and the stock stops trading all together then you can't physically sell it and thus you are hosed.

great news for all pilot groups, including regionals! The more stable the industry is, the better off we all are. Next step= majors taking back some of their flying from the regionals

AMR Chapter 11 Reorganization /
AMR & US Airways Merger Information for AMR Investors (Updated 8/15/2013)

Important note: The brief answers below are provided for informational purposes only and are not intended to be a substitute for a careful review of all relevant documents, which include the Merger Agreement that was filed by AMR Corporation (“AMR”) with the Securities and Exchange Commission (the “SEC”) as exhibits on Form 8-K/A on February 14, 2013, the Form S-4 registration statement, as amended, initially filed by AMR with the SEC on April 15, 2013, and the Debtors’ Second Amended Joint Chapter 11 Plan (as may be amended or supplemented, the “Plan of Reorganization”) and the related Disclosure Statement to the Plan of Reorganization (“Disclosure Statement”) filed with the U.S. Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”) on June 5, 2013. Documents referenced in this Q&A that we have filed with the SEC are available free of charge at U.S. Securities and Exchange Commission | Homepage and American Airlines - Airline tickets and cheap flights at AA.com. Our filings with the Bankruptcy Court are available free of charge at AMR Corporation Website.

The brief summaries below are qualified in their entirety by reference to the documents that AMR has filed and will file with the SEC and/or the Bankruptcy Court. You are strongly encouraged to consult legal counsel to assist in determining the impact of these filings on your personal circumstances. Capitalized terms not defined in the FAQs have the meanings given to them in the Plan. AMR may revise and update these FAQs at any time without notice. You should revisit this website periodically to make sure you are aware of the most recent information.


1. What is the effect of the lawsuit filed by the Antitrust Division of the Department of Justice on the Merger and the Merger Agreement?

As you know, the Antitrust Division of the Department of Justice (the “DOJ”) filed an antitrust lawsuit challenging the proposed Merger. The filing of the lawsuit does not have any immediate effect on the proposed Merger, as both AMR and US Airways Group, Inc. remain bound by the terms of the Merger Agreement. The Merger Agreement provides that consummation of the proposed Merger is subject to a number of approvals, including those of US Airways shareholders, AMR financial stakeholders, the Court, and the United States and European Union regulatory authorities. The US Airways shareholders and the AMR financial stakeholders have voted overwhelmingly in support of the Merger and the EU approved the Merger.
Since the DOJ has formed a view of the Merger that is contrary to our belief that the Merger will enhance competition in the airline industry, the matter will now be settled by the courts. AMR and US Airways intend to mount a vigorous defense, as we believe that the proposed Merger is pro-competitive, will benefit passengers and is the best path forward for both airlines and the customers and communities that we serve. We do not yet know how long the court process will run. In the meantime, AMR and US Airways will continue to operate as independent companies and competitors.


2. Are holders of AMR common stock (Symbol: AAMRQ) “creditors” for purposes of the Merger Agreement and the Plan of Reorganization?

Holders of AMR common stock are not considered “creditors” for purposes of the Merger Agreement or the Plan of Reorganization. Rather, holders of AMR common stock are considered holders of AMR Equity Interests.


3. Are holders of AMR common stock (Symbol: AAMRQ) considered “stakeholders” of the company?

When we refer to “stakeholders,” we mean those persons or entities that have an economic interest in the company based on its value, taking into account that, under the Bankruptcy Code, creditors holding allowed claims are entitled to payment in full before holders of Allowed AMR Equity Interests may participate in any recovery. Thus, whether holders of Allowed AMR Equity Interests are considered stakeholders ultimately will depend on whether they will be entitled to receive any recovery under the Plan of Reorganization.
A hearing to consider confirmation of the Plan of Reorganization was held on August 15, 2013, and the Bankruptcy Court has taken the matter under advisement. We cannot predict whether the Plan of Reorganization will be confirmed by the Bankruptcy Court and consummated or when or whether the Merger will close. If the Plan of Reorganization is confirmed by the Bankruptcy Court and the Merger is consummated, holders of Allowed AMR Equity Interests (including common stock, warrants, restricted stock units and options) will receive shares in the merged company, which is defined in the Plan and the Disclosure Statement as “New AAG,” representing at least 3.5% of the total number of shares of New AAG’s New Common Stock, subject to customary dilution, and may potentially receive additional shares of New Common Stock.


4. I currently own shares of AMR (Symbol: AAMRQ). How will my shares be affected by the closing of the Merger and the company’s emergence from Chapter 11?

If the Plan of Reorganization is confirmed by the Bankruptcy Court and the Merger is consummated, the existing common stock of AMR (AAMRQ) will be cancelled. Holders of Allowed AMR Equity Interests (including common stock, warrants, restricted stock units and options) will receive shares in the merged company, which is defined in the Plan and the Disclosure Statement as “New AAG,” representing at least 3.5% of the total number of shares of New AAG’s New Common Stock, subject to customary dilution, and may potentially receive additional shares of New Common Stock.
A hearing to consider confirmation of the Plan of Reorganization was held on August 15, 2013, and the Bankruptcy Court has taken the matter under advisement. We cannot predict whether the Plan of Reorganization will be confirmed by the Bankruptcy Court and consummated or when or whether the Merger will close. Further, we cannot provide assurance that the distributions of New Common stock described above will actually occur. We encourage you to review the Merger Agreement that was filed with the SEC as an exhibit to Form 8-K/A on February 14, 2013, the Form S-4 registration statement, as amended, initially filed with the SEC on April 15, 2013, as well as the Plan of Reorganization and Disclosure Statement filed with the Bankruptcy Court on June 5, 2013.


5. I currently own shares of AMR (Symbol: AAMRQ). When will I receive a distribution, if any?

If the Plan of Reorganization is confirmed by the Bankruptcy Court and the Merger is consummated, holders of Allowed AMR Equity Interests (including common stock, warrants, restricted stock units and options) will receive shares in the merged company, which is defined in the Plan and the Disclosure Statement as “New AAG,” representing at least 3.5% of the total number of shares of New AAG’s New Common Stock on the Effective Date of the Plan of Reorganization, subject to customary dilution.
Holders of Allowed AMR Equity Interests may receive additional shares of the New Common Stock if, pursuant to the Plan of Reorganization, holders of Allowed General Unsecured Claims receive New Common Stock with a value that would satisfy all such Allowed Claims in full. Any additional distributions of New Common Stock to holders of Allowed AMR Equity Interests would occur on, or as soon as reasonably practicable after, each of the 30th, 60th, 90th, and 120th days following the Effective Date of the Plan of Reorganization.
A hearing to consider confirmation of the Plan of Reorganization was held on August 15, 2013, and the Bankruptcy Court has taken the matter under advisement. We cannot predict whether the Plan of Reorganization will be confirmed by the Bankruptcy Court and consummated or when or whether the Merger will close. Further, we cannot provide assurance that the distributions of New Common stock described above will actually occur. We encourage you to review the Merger Agreement that was filed with the SEC as an exhibit to Form 8-K/A on February 14, 2013, the Form S-4 registration statement, as amended, initially filed with the SEC on April 15, 2013, as well as the Plan of Reorganization and Disclosure Statement filed with the Bankruptcy Court on June 5, 2013.


6. I currently own shares of AMR (Symbol: AAMRQ). Do I need to do anything in order to receive a distribution?

Shares of New Common Stock in the merged company, which is defined in the Plan and the Disclosure Statement as “New AAG,” will be issued as part of a direct registration through the Company’s transfer agent, American Stock Transfer & Trust (“AST”). Ownership of shares of New AAG New Common Stock will be evidenced by a book-entry on AST’s ledger. For holders of Allowed AMR Equity Interests who held such securities though a brokerage account, the distribution(s) of shares of New AAG New Common Stock will be made to the same brokerage account. For holders of Allowed AMR Equity Interests who did not hold such securities through a broker, AST will provide a periodic statement of ownership.
Any party entitled to receive a distribution(s) pursuant to the Plan of Reorganization must deliver a Form W-9 or Form W-8 (for non-U.S. Citizens) to the disbursing agent, GCG, Inc., or such other party as may be designated by AMR. Copies of Forms W-9 and W-8 are posted on the website: AMR Corporation Website. Copies of Forms W-9 and W-8 can also be found at Internal Revenue Service or by sending an email request to: [email protected]. Mail completed Forms W-9 and W-8 to the following address:
AMR Corporation, et al.
c/o GCG
P.O. Box 9852
Dublin, Ohio 43017-5752 Toll-Free: (888) 285-9438 International Toll: (440) 389-7498

New AA stock ticker will be AAL

The New American Airlines Lands A New Ticker Symbol - Forbes

deleted... I am not getting involved here....

It's good for everybody, unless your the one losing your job and not moving on to the majors...

Somebody's gonna be doing that flying.....

I don't think that shift will effect very many regional pilots directly because even the regionals that shrink will also lose a lot of pilots through attrition. You may see some regionals shut down, but that has always been the case anyway. There are still going to be regionals and they will have very high rates of attrition. I don't see very many if any regional pilots being furloughed as a direct result of any of this.

Is there an MOU about payrates for the combined AA/LCC? Could someone post what they are and when they take effect? Thanks,

Denny

Yes. They take effect on the "POR" or Plan of Reorganization approval date (sometime first half of Dec). There will also be retro pay back to Feb8 for the US guys, at MOU rates.


a. Group I: With the exception of aircraft identified in Groups II through V
below, any aircraft configured (i.e. as operated by American Airlines) with
greater than seventy-six (76) seats and less than one-hundred-eighteen
(118) seats, including E190/195, CRJ-1000, MRJ-100, and Bombardier
CS100.
b. Group II: Bombardier CS300, A319, A319neo, B737-700, B737-7MAX,
MD80, B737-800, B737-8MAX, B737-900, B737-9MAX, A320, A320neo,
A321, A321neo
c. Group III: B757, B767-200, B767-300, A300
d. Group IV: B767-400, B777-200, B777-200ER, B777-200LR, B777-300,
B777-300ER, B787-8, B787-9, B787-10, A332, A333, A340, A350
e. Group V: A380, B747 (all variants)





CAPTAIN RATES
4% EFFECTIVE DATE
Year Group 5 Group 4 767-200 Group 3 Group 2 Group 1
2 $206.89 $197.04 $170.67 $167.20 $155.10 $105.47
3 $208.57 $198.64 $172.06 $168.56 $156.36 $106.32
4 $210.25 $200.24 $173.44 $169.91 $157.62 $107.18
5 $211.93 $201.84 $174.82 $171.27 $158.88 $108.03
6 $213.60 $203.43 $176.21 $172.63 $160.13 $108.89
7 $215.28 $205.03 $177.59 $173.98 $161.39 $109.74
8 $216.96 $206.63 $178.97 $175.34 $162.65 $110.60
9 $218.64 $208.23 $180.36 $176.69 $163.91 $111.45
10 $220.31 $209.82 $181.74 $178.05 $165.16 $112.31
11 $221.99 $211.42 $183.13 $179.40 $166.42 $113.16
12 $223.67 $213.02 $184.51 $180.76 $167.68 $114.02
FIRST OFFICER
4% EFFECTIVE DATE
Year Group 5 Group 4 767-200 Group 3 Group 2 Group 1
2 $103.45 $98.52 $85.34 $83.60 $77.55 $52.73
3 $125.14 $119.18 $103.23 $101.14 $93.82 $63.79
4 $128.25 $122.15 $105.80 $103.65 $96.15 $65.38
5 $131.39 $125.14 $108.39 $106.19 $98.50 $66.98
6 $134.57 $128.16 $111.01 $108.75 $100.88 $68.60
7 $137.78 $131.22 $113.66 $111.35 $103.29 $70.24
8 $141.02 $134.31 $116.33 $113.97 $105.72 $71.89
9 $145.39 $138.47 $119.94 $117.50 $109.00 $74.12
10 $148.71 $141.63 $122.68 $120.18 $111.49 $75.81
11 $150.95 $143.77 $124.53 $121.99 $113.17 $76.95
12 $152.10 $144.85 $125.47 $122.92 $114.02 $77.53
CAPTAIN RATES
8% 2014
Year Group 5 Group 4 767-200 Group 3 Group 2 Group 1
2 $223.45 $212.81 $184.32 $180.58 $167.51 $113.91
3 $225.26 $214.53 $185.82 $182.04 $168.87 $114.83
4 $227.07 $216.26 $187.32 $183.51 $170.23 $115.75
5 $228.88 $217.98 $188.81 $184.97 $171.59 $116.68
6 $230.69 $219.71 $190.31 $186.44 $172.95 $117.60
7 $232.50 $221.43 $191.80 $187.90 $174.30 $118.52
8 $234.32 $223.16 $193.29 $189.36 $175.66 $119.45
9 $236.13 $224.89 $194.79 $190.83 $177.02 $120.37
10 $237.94 $226.61 $196.28 $192.29 $178.38 $121.29
11 $239.75 $228.34 $197.78 $193.76 $179.74 $122.22
12 $241.56 $230.06 $199.27 $195.22 $181.09 $123.14
FIRST OFFICER
8% 2014
Year Group 5 Group 4 767-200 Group 3 Group 2 Group 1
2 $111.72 $106.40 $92.17 $90.29 $83.76 $56.95
3 $135.15 $128.72 $111.49 $109.23 $101.32 $68.90
4 $138.51 $131.92 $114.26 $111.94 $103.84 $70.61
5 $141.91 $135.15 $117.06 $114.68 $106.38 $72.34
6 $145.34 $138.42 $119.89 $117.45 $108.96 $74.09
7 $148.80 $141.72 $122.75 $120.26 $111.55 $75.86
8 $152.31 $145.05 $125.64 $123.09 $114.18 $77.64
9 $157.03 $149.55 $129.54 $126.90 $117.72 $80.05
10 $160.61 $152.96 $132.49 $129.80 $120.41 $81.87
11 $163.03 $155.27 $134.49 $131.75 $122.22 $83.11
12 $164.26 $156.44 $135.51 $132.75 $123.14 $83.74
CAPTAIN RATES
3% 2015
Year Group 5 Group 4 767-200 Group 3 Group 2 Group 1
2 $230.15 $219.19 $189.85 $186.00 $172.54 $117.32
3 $232.02 $220.97 $191.40 $187.50 $173.94 $118.27
4 $233.88 $222.75 $192.93 $189.01 $175.34 $119.23
5 $235.75 $224.52 $194.47 $190.52 $176.73 $120.18
6 $237.61 $226.30 $196.02 $192.03 $178.13 $121.13
7 $239.48 $228.08 $197.55 $193.54 $179.53 $122.08
8 $241.35 $229.85 $199.09 $195.05 $180.93 $123.03
9 $243.21 $231.63 $200.63 $196.55 $182.33 $123.98
10 $245.08 $233.41 $202.17 $198.06 $183.73 $124.93
11 $246.94 $235.19 $203.71 $199.57 $185.13 $125.88
12 $248.81 $236.96 $205.25 $201.08 $186.53 $126.84
FIRST OFFICER
3% 2015
Year Group 5 Group 4 767-200 Group 3 Group 2 Group 1
2 $115.07 $109.60 $94.93 $93.00 $86.27 $58.66
3 $139.21 $132.58 $114.83 $112.50 $104.36 $70.96
4 $142.67 $135.87 $117.69 $115.30 $106.95 $72.73
5 $146.16 $139.20 $120.57 $118.12 $109.58 $74.51
6 $149.70 $142.57 $123.49 $120.98 $112.22 $76.31
7 $153.27 $145.97 $126.44 $123.86 $114.90 $78.13
8 $156.88 $149.41 $129.41 $126.78 $117.61 $79.97
9 $161.74 $154.04 $133.42 $130.71 $121.25 $82.45
10 $165.43 $157.55 $136.47 $133.69 $124.02 $84.33
11 $167.92 $159.93 $138.53 $135.71 $125.89 $85.60
12 $169.19 $161.14 $139.57 $136.73 $126.84 $86.25
Parity rates on 1/1/2016 are subject to known comparator contractual rates and ASM weighting at
that time.
CAPTAIN RATES
16.5% 01/01/2016 PARITY REVIEW
Year Group 5 Group 4 Group 3 Group 2 Group 1
2 $268.05 $249.11 $207.29 $198.65 $136.64
3 $270.22 $251.13 $208.97 $200.26 $137.75
4 $272.39 $253.15 $210.65 $201.87 $138.86
5 $274.57 $255.17 $212.33 $203.49 $139.96
6 $276.74 $257.19 $214.02 $205.10 $141.07
7 $278.91 $259.21 $215.70 $206.71 $142.18
8 $281.09 $261.23 $217.38 $208.32 $143.29
9 $282.97 $262.98 $218.83 $209.71 $144.25
10 $285.43 $265.27 $220.74 $211.54 $145.50
11 $287.61 $267.29 $222.42 $213.15 $146.61
12 $289.78 $269.31 $224.10 $214.76 $147.72
FIRST OFFICER
16.5% 01/01/2016 PARITY REVIEW
Year Group 5 Group 4 Group 3 Group 2 Group 1
2 $134.02 $124.56 $103.65 $99.33 $68.32
3 $162.13 $150.68 $125.38 $120.16 $82.65
4 $166.16 $154.42 $128.50 $123.14 $84.70
5 $170.23 $158.21 $131.65 $126.16 $86.78
6 $174.35 $162.03 $134.83 $129.21 $88.88
7 $178.50 $165.89 $138.05 $132.29 $91.00
8 $182.71 $169.80 $141.30 $135.41 $93.14
9 $188.18 $174.88 $145.52 $139.46 $95.93
10 $192.67 $179.06 $149.00 $142.79 $98.22
11 $195.57 $181.76 $151.25 $144.94 $99.70
12 $197.05 $183.13 $152.39 $146.04 $100.45
CAPTAIN RATES
3.5% 2017
Year Group 5 Group 4 Group 3 Group 2 Group 1
2 $277.42 $257.83 $214.54 $205.61 $141.42
3 $279.67 $259.93 $216.28 $207.28 $142.57
4 $281.92 $262.02 $218.02 $208.94 $143.72
5 $284.16 $264.11 $219.76 $210.61 $144.86
6 $286.41 $266.20 $221.50 $212.28 $146.01
7 $288.66 $268.29 $223.24 $213.94 $147.16
8 $290.91 $270.38 $224.98 $215.61 $148.30
9 $292.86 $272.19 $226.49 $217.06 $149.30
10 $295.41 $274.56 $228.46 $218.95 $150.60
11 $297.66 $276.65 $230.20 $220.61 $151.74
12 $299.91 $278.74 $231.94 $222.28 $152.89
FIRST OFFICER
3.5% 2017
Year Group 5 Group 4 Group 3 Group 2 Group 1
2 $138.71 $128.92 $107.27 $102.80 $70.71
3 $167.80 $155.96 $129.77 $124.37 $85.54
4 $171.97 $159.83 $132.99 $127.46 $87.67
5 $176.18 $163.75 $136.25 $130.58 $89.82
6 $180.44 $167.70 $139.55 $133.73 $91.99
7 $184.74 $171.70 $142.88 $136.92 $94.18
8 $189.09 $175.75 $146.24 $140.15 $96.40
9 $194.75 $181.01 $150.62 $144.34 $99.28
10 $199.40 $185.33 $154.21 $147.79 $101.65
11 $202.41 $188.12 $156.54 $150.02 $103.19
12 $203.94 $189.54 $157.72 $151.15 $103.97
CAPTAIN RATES
3.5% 2018
Year Group 5 Group 4 Group 3 Group 2 Group 1
2 $287.13 $266.85 $222.06 $213.36 $146.37
3 $289.46 $269.02 $223.86 $215.09 $147.56
4 $291.79 $271.18 $225.66 $216.82 $148.75
5 $294.11 $273.34 $227.46 $218.55 $149.93
6 $296.44 $275.51 $229.26 $220.28 $151.12
7 $298.77 $277.67 $231.06 $222.01 $152.31
8 $301.10 $279.84 $232.86 $223.74 $153.49
9 $303.12 $281.71 $234.42 $225.24 $154.52
10 $305.75 $284.16 $236.46 $227.20 $155.87
11 $308.08 $286.33 $238.26 $228.93 $157.05
12 $310.41 $288.49 $240.06 $230.66 $158.24
FIRST OFFICER
3.5% 2018
Year Group 5 Group 4 Group 3 Group 2 Group 1
2 $143.56 $133.43 $111.03 $106.68 $73.19
3 $173.67 $161.41 $134.31 $129.05 $88.54
4 $177.99 $165.42 $137.65 $132.26 $90.73
5 $182.35 $169.47 $141.02 $135.50 $92.96
6 $186.76 $173.57 $144.43 $138.78 $95.21
7 $191.21 $177.71 $147.88 $142.09 $97.48
8 $195.71 $181.89 $151.36 $145.43 $99.77
9 $201.57 $187.34 $155.89 $149.78 $102.76
10 $206.38 $191.81 $159.61 $153.36 $105.21
11 $209.50 $194.70 $162.02 $155.67 $106.80
12 $211.08 $196.17 $163.24 $156.85 $107.60