Anyone know what a senior major CA earned in 1977?
Anyone know what a 12 Wide Body CA earned in 1977? I believe it was about $125K per year. Anyone have any documentation like the pay rates from a major contract in 1977?
The reason I am asking is when I teach P2P (CAL ALPA) I state it is my belief that in 1977 a Major senior Captain made around $125,000 and if you run that into an inflation calculator (depending on which one you use) it works out to a little over $430,000 in 2007 dollars.
If you look at the mega contracts (pre concessionary) at UAL and DAL they didn't even make up the difference and those contracts are now approaching ten years old.
We as a profession have a long way to go!
Suggestion for the Moderators - Why not do some research and calculations and post a pay scale page of what an average 1977 pay rates (majors) would be today adjusted for inflation? Part two make up a chart for Major CEO's cira 1977 and then adjusted for inflation in todays dollars vs what they actually make today?