SkyWest TA
08-30-2022 | 05:43 AM
#71
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Joined: Mar 2022
Posts: 142
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What we are witnessing is the death of the regionals. The implosion. It’s similar to the bubble before a market crash. Rapid escalation in pay rates as a desperate measure to hang on for a few more years. Then the bankruptcies begin when the recession kicks in deep next year. Then the collapses. One or two regionals will come out alive, but with substantially reduced pay scales and much smaller pilot groups. The lucky will get hired by the majors, the rest will be furloughed. Bankruptcies are used regularly by airlines as a business tool. This time it will be the regionals turn and we will all get to see how it ends for most of them. It’s only a matter of time. Plan for that and you won’t be caught off guard. What I haven’t counted for is the elections of 2024 and the substantial possibility that the USA will plunge into chaos and the possibility of a civil war. Then all bets are off and no regional would survive long.
08-30-2022 | 08:44 AM
#73
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Joined: Dec 2012
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The one offered to SkyWest are permanent rates.
08-30-2022 | 08:51 AM
#74
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Joined: Nov 2016
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Time to check your knowledge.
There rates are permanent until
A) Skywest declares Bankruptcy
B) Skywest liquidates
C) CC pays off his houseboat
08-30-2022 | 09:24 AM
#75
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Joined: Aug 2019
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The WO pay schedules snap back to 10% above whatever the highest regional schedule is at that time. If it was today, they’d “snap back” to $110 & $165. Ten percent above Mesa. Not bad.
No matter how you look at it, SAPA & SGU are going to have much more work to do. GOOD. The notification via iPad is terrible. When my penalty lap would get upgraded to ERJ the company would try to put me on cancellation reserve. I wouldn’t answer my phone and go home. One time I had eight calls. They had something special for me. Anyway. With the iPad notification piece they just notify when you attempt to activate or close. Genius on TTs part. Sad SAPA agreed to it. In this market. Give the company something?
08-30-2022 | 10:10 AM
#76
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08-30-2022 | 11:32 AM
#77
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08-30-2022 | 03:36 PM
#78
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08-30-2022 | 05:02 PM
#79
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08-30-2022 | 05:10 PM
#80
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Joined: Jul 2017
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From: CRJ9 CA
Captain TA Pay
Total includes: Wages + 401k + Per Diem
Year 1: $152,747
Year 2: $159,691
Year 3: $164,088
Year 4: $169,050
Year 5: $174,012
Year 6: $183,942
Year 7: $189,047
Year 8: $194,152
Year 9: $199,257
Year 10: $204,362
Year 11: $213,257
Year 12: $218,412
(2024-2026 +2.5% per year)
5-Year ERJ Captain expected income crediting 1,200 hours (supposedly the current “average”): $226,940
Total includes: Wages + 401k + Per Diem
Year 1: $152,747
Year 2: $159,691
Year 3: $164,088
Year 4: $169,050
Year 5: $174,012
Year 6: $183,942
Year 7: $189,047
Year 8: $194,152
Year 9: $199,257
Year 10: $204,362
Year 11: $213,257
Year 12: $218,412
(2024-2026 +2.5% per year)
5-Year ERJ Captain expected income crediting 1,200 hours (supposedly the current “average”): $226,940
Do you have these numbers hourly? I ask to see just how far off mesa rates these are. Because I am seeing these as comparable or even better. What are they without 401k and per diem - hourly. What’s your min guarantee?
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