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Old 01-26-2018 | 03:15 PM
  #31  
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Originally Posted by BareFoot
Why is the EJet flying going away?
Because our cancellation rate is 3.8%. And Republic’s cancellation rate is 3.6%. So, the story goes, Republic is going to take all our flying away. And, we can’t get a pilot out of training inside of 5 months. But, wait, we own 18 of the 60 Ejets. And, Republic isn’t in any better shape we are.
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Old 01-26-2018 | 03:39 PM
  #32  
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Originally Posted by calmwinds
Because our cancellation rate is 3.8%. And Republic’s cancellation rate is 3.6%. So, the story goes, Republic is going to take all our flying away. And, we can’t get a pilot out of training inside of 5 months. But, wait, we own 18 of the 60 Ejets. And, Republic isn’t in any better shape we are.
3.8% is no where near close to the levels necessary for the CPP contract to be considered in breech. And it has to be maintained for numerous months.
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Old 01-26-2018 | 03:55 PM
  #33  
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Originally Posted by MagPBS
3.8% is no where near close to the levels necessary for the CPP contract to be considered in breech. And it has to be maintained for numerous months.
This^

And speaking of Republic, you want to see some horrendous cancellation numbers? Look back at the amount of flights RAH was cancelling during the 2012-2015 time frame before they signed their contract.
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Old 01-26-2018 | 04:12 PM
  #34  
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Originally Posted by 175drvr
This^

And speaking of Republic, you want to see some horrendous cancellation numbers? Look back at the amount of flights RAH was cancelling during the 2012-2015 time frame before they signed their contract.
I agree. My concern is the timeframe to get pilots through training. The rate of pilots leaving hasn’t let up. If Mesa can fix that, the Ejets aren’t going anywhere.
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Old 01-26-2018 | 05:12 PM
  #35  
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Originally Posted by piloto2
Don’t kid yourself. There is a contract at Mesa if you take the bonus. And that bonus is taxed at a pretty hefty rate.

As far as JO is concerned, yeah, he’s a smooth talker. But so are most used car salesmen.

I guess that 300% pay is good, as long as it lasts. Maybe that will make up for the months of lost pay while sitting around waiting for sims while getting minimum guarantee, which is about the lowest in the industry right now. But again, unless they can fool enough people to come on soon, that United e-jet flying is going away. Then what? Stuck at $36 an hour with long upgrades? And you’ll have to pay back a bonus to get out!
The bonus has a high tax withholding, you’ll get a bunch back when you file. An accountant is worth their weight in gold!
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Old 01-27-2018 | 04:11 AM
  #36  
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Originally Posted by frankgh
The bonus has a high tax withholding, you’ll get a bunch back when you file. An accountant is worth their weight in gold!
An accountant isn’t even needed to get your money back from the high tax withholding if you use any tax preparation software.

You get your money back unless your spouse is making a lot of money and she throws you into a high tax bracket. If this is the case, I am not really sure why you are flying for Mesa and not home taking care of your spouse.
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Old 01-27-2018 | 05:49 AM
  #37  
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Originally Posted by calmwinds
An accountant isn’t even needed to get your money back from the high tax withholding if you use any tax preparation software.

You get your money back unless your spouse is making a lot of money and she throws you into a high tax bracket. If this is the case, I am not really sure why you are flying for Mesa and not home taking care of your spouse.
If claiming the standard deduction even the tax prep software is not needed.

My point was that bonus tax withholding is not what your final tax rate will be. That is a very common misconception.
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Old 01-27-2018 | 07:53 AM
  #38  
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Originally Posted by frankgh
If claiming the standard deduction even the tax prep software is not needed.

My point was that bonus tax withholding is not what your final tax rate will be. That is a very common misconception.
The new tax law isn’t as favorable for flight crews. No more taking an additional itemized deduction for “additional business expense”. We only get the per diiem tax free. At least no more keeping receipts and keeping track of expenses. That kinda sucks and will make unions argue for higher per diems.
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Old 01-27-2018 | 08:19 AM
  #39  
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Originally Posted by calmwinds
The new tax law isn’t as favorable for flight crews. No more taking an additional itemized deduction for “additional business expense”. We only get the per diiem tax free. At least no more keeping receipts and keeping track of expenses. That kinda sucks and will make unions argue for higher per diems.
Arguing for higher per diem is a good thing and easy to justify with the lower corporate tax rate.

With the new standard deduction of $24,000.00, it would be pretty hard to itemize up to that amount. I hit 12k pretty easy with 2 mortgages and a crap load of unpaid per diem. If you can claim 24k in deductions, I’m guessing you can afford a good accountant! Lol!
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Old 01-27-2018 | 10:33 AM
  #40  
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Originally Posted by Navmode
That settles it, you’re the biggest koolaid drinker I’ve ever seen.
Stick to the Delta, wedding DJ or Clash Of Clans threads.
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