Thank you for the clarification.

Did You Know?

The Net Leverage Ratio is a financial measurement of a business’ debt to earnings. The ratio reflects how long it would take a business to pay back debts with current earnings remaining constant. The lower the Net Leverage Ratio, the healthier the company is with respect to debt.

The executives at Atlas Air repeatedly tell investors they want to target a Net Leverage Ratio of 4.0X as a goal. At the end of 2019, the Atlas Air Net Leverage Ratio was 4.4X. Today, the Atlas Air Net Leverage Ratio is 2.5X and dropping fast, as management accelerates debt paydown. Atlas will remain profitable with an industry standard pilot contract.

All that trouble to define a "financial" term...so, please define "industry standard pilot contract" for us plebeians.

Everyone's on-and-on about wanting this "industry standard" contract. Doesn't anyone want an industry-leading contract?

That is a very interesting nugget of information. Thanks for posting, I learn something every day..

Industry standard = look around the industry and what do you see? That's industry standard.

Need a link? I don't think this is password protected. If it is let me know and I'll find something else for you to look at.

https://iap2750.org/wp-content/uploa...Comparison.pdf

You're quite welcome.

Did You Know?

A UPS Captain at maximum pay on minimum monthly guarantee would earn $328,195 a year and a FedEx Captain at maximum pay on minimum monthly guarantee would earn $297,977 a year. Conversely, an Atlas Air B-747 Captain at maximum pay on minimum monthly guarantee would earn $174,579.

A second year UPS First Officer on minimum monthly guarantee would earn $186,633 a year and a second year FedEx First Officer would earn $169,448 a year. Conversely, an Atlas Air second year B-747 First Officer on minimum monthly guarantee would earn $81,840 a year.

Only problem is.....between those two companies.....only 7,964 pilots on the planet are employed by them. May the odds be ever in your favor.......

UPS and FedEx are both large global shipping companies and their pilots negotiate directly with the parent company. Atlas is an ACMI company that negotiates with a separate company who then competes for contracts. It’s basically the regional game with much bigger planes. Some of the planes the company owns, some they simply staff for others, but at the end of the day, Atlas is dependent on contracts to provide lift for another company. Comparing the differences in purple and brown to Atlas is apples to oranges. You should compare Atlas to Kalitta and other heavy lift ACMI companies. There will still be a discrepancy, but it will be more realistic.

The UPS rates have gone up since the contract extension