Search

Notices
Regional Regional Airlines

Choices choices choices

Thread Tools
 
Search this Thread
 
Old 03-06-2020 | 02:14 PM
  #1  
Thread Starter
New Hire
 
Joined: Mar 2020
Posts: 7
Likes: 0
Default Choices choices choices

Hey all, long time lurker first time poster. I made this super simple spreadsheet on Excel. It takes me about five minutes to just type my name in Excel. Anyhow, I know there is a lot more to consider than just Minimum Monthly Guarantee but as previously stated I've reached my Excel limitations already ! I figured one of you Excel nerds ( I say that with all the love in my heart, I'm just nerdy in other ways... ) have probably considered and made similar pay comparisons.



I made the assumption of the lower payscale at AA ( 737 ) and stopped at 15 years because I'm old. Basically looking at ~4ish years till flow date. I also have an opportunity on the table, obviously. I also went with a 5 year upgrade time.

Thanks for any input !
Reply
Old 03-06-2020 | 03:09 PM
  #2  
Gets Weekends Off
 
Joined: Apr 2019
Posts: 537
Likes: 0
Default

When you consider investing then LCC comes out way ahead
Reply
Old 03-06-2020 | 04:53 PM
  #3  
Banned
 
Joined: May 2017
Posts: 2,012
Likes: 0
Default

This is NOT the time to tack yourself on the bottom of a seniority list​​​​​​.

That having been said, are you able or willing to live in base better one place than another?
Reply
Old 03-06-2020 | 05:21 PM
  #4  
Thread Starter
New Hire
 
Joined: Mar 2020
Posts: 7
Likes: 0
Default

Currently live in the ULCC junior base and wouldn't mind staying here.

I commute to WO base with future plan to move to an AA base when I flowed.

Not too worried about being at the bottom of a list at this point. While there is definitely a need to be concerned, I'll be glad when the Nightly Opinion... I mean... News... finds its next shiny object.

Good point about investing.
Reply
Old 03-06-2020 | 05:28 PM
  #5  
Gets Weekends Off
 
Joined: Oct 2015
Posts: 3,199
Likes: 42
From: Gear slinger
Default

Originally Posted by 3rd Time Charm
Hey all, long time lurker first time poster. I made this super simple spreadsheet on Excel. It takes me about five minutes to just type my name in Excel. Anyhow, I know there is a lot more to consider than just Minimum Monthly Guarantee but as previously stated I've reached my Excel limitations already ! I figured one of you Excel nerds ( I say that with all the love in my heart, I'm just nerdy in other ways... ) have probably considered and made similar pay comparisons.



I made the assumption of the lower payscale at AA ( 737 ) and stopped at 15 years because I'm old. Basically looking at ~4ish years till flow date. I also have an opportunity on the table, obviously. I also went with a 5 year upgrade time.

Thanks for any input !
You’ll be well ahead in DC contributions for the first 9 years at the ULCC as well. Years 10-15 in AA DC probably won’t be able to make up the difference.
Reply
Old 03-06-2020 | 06:11 PM
  #6  
Banned
 
Joined: May 2017
Posts: 2,012
Likes: 0
Default

Start living in base then.

Can always keep applying to the majors.
Reply
Old 03-06-2020 | 06:35 PM
  #7  
Gets Weekends Off
 
Joined: Jun 2015
Posts: 699
Likes: 0
Default

I didn't know that there were actually any pilots that actually thought that the ULCC's would still be around in 15+ years.

They are a flash in the pan. Look at all of the airlines of the past that have gone out of business. The current ULCC's are the same. Spirit is the new Peoples Express, Midway, or Hooters Air.
Reply
Old 03-06-2020 | 07:05 PM
  #8  
Gets Weekends Off
 
Joined: Jul 2017
Posts: 285
Likes: 0
Default

Can you make the spreadsheet go to 25 years?
Reply
Old 03-06-2020 | 08:35 PM
  #9  
ninerdriver's Avatar
Porco Rosso
 
Joined: Apr 2018
Posts: 2,522
Likes: 0
Default

Originally Posted by daOldMan
I didn't know that there were actually any pilots that actually thought that the ULCC's would still be around in 15+ years.

They are a flash in the pan. Look at all of the airlines of the past that have gone out of business. The current ULCC's are the same. Spirit is the new Peoples Express, Midway, or Hooters Air.
Southwest was totally a flash in the pan. America West... more like American Airlines, amirite?

You do know that each of the current LCCs have been in business for over twenty years now, yeah?
Reply
Old 03-07-2020 | 05:44 AM
  #10  
chrisreedrules's Avatar
Gets Weekends Off
 
Joined: Feb 2012
Posts: 4,601
Likes: 0
From: CRJ FO
Default

I used to study this stuff religiously. Looking at prognostications and numbers for retirement and 401K and seniority movement. And then I realized that what every older pilot who’s seen a thing or 2 has said has been right all along...

Its all pointless. Too much changes too quickly to realistically try and predict too far in this industry. Make decisions based on what you know to be true today and what’s best for you now. Some things are predictable but overall this industry is a complete roll of the dice.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
pilot2804
Republic Airways
18
10-07-2018 07:59 PM
Alisito
Career Questions
14
07-23-2016 02:22 PM
Rodigidion
Flight Schools and Training
2
08-30-2010 07:12 AM
vagabond
Leaving the Career
3
06-29-2010 07:36 AM
Inbluskyz
Regional
49
07-08-2007 04:14 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices