Attrition
#431
Line Holder
Joined: Dec 2018
Posts: 508
Likes: 5
I’d like to see the CPI 2021 vs.. 2019….. Comparing 2021 prices vs. 2020 is like comparing our 2021 revenues vs. 2020…. Look at this HUGE jump in money!!!!!!

Prices are up, definitely, but how much more than what we were accustomed to in 2019???
The second question is, is the growth in price from 2021 vs. 2019 growth related or supply chain blockage related??

Prices are up, definitely, but how much more than what we were accustomed to in 2019???
The second question is, is the growth in price from 2021 vs. 2019 growth related or supply chain blockage related??
#432
Gets Weekends Off
Joined: Oct 2019
Posts: 439
Likes: 0
Yeah, well inflation numbers like this ought to open some ears up…

Not corrected for inflation, you lose 7% of your purchasing power a year. So at the end of a five year contract with only a 2% per year kicker, you could be down to (0.95)^5 or roughly 77% of the purchasing power you had on day one of the contract.

Not corrected for inflation, you lose 7% of your purchasing power a year. So at the end of a five year contract with only a 2% per year kicker, you could be down to (0.95)^5 or roughly 77% of the purchasing power you had on day one of the contract.
#433
A) you are joking.
B) most of the paper money has been replaced with newer paper money, having zero effect on the economy.
C) there’s 5 times more USD in circulation today than 22 months ago.
D) you don’t know what you are talking about.
I know for multiple choice it’s always C or the longest answer, but I will go with D.
#434
On Reserve
Joined: Oct 2021
Posts: 93
Likes: 33
The stat often quoted is 40% of all dollars in US history were printed in the 2020 & 2021. They don’t mean actually paper currency. It’s money created out of thin air by the fed due to spending by Congress. That’s why you’re seeing 7% inflation numbers being reported today (and many speculate ‘real’ inflation exceeds 7%)
#435
Line Holder
Joined: Oct 2017
Posts: 52
Likes: 0
I hope you guys can up the pay, I’m the perfect example of someone on the fence about jumping to 121. I did the meet and greet in Orlando a few months ago. I had a great experience with everyone I met. Had a really nice small interview there. We talked about South America flying, the 321 XLR and possibly adding Santiago and Buenos Aires as destinations. I got the video interview and that went well. In the mean time a 91 gig fell into my lap. Didn’t have to move, average about 6 days a month of flying, starting pay in the 150’s. I’m 54 and doing the math, the first year pay, training pay made it a deal breaker. Add in the cost of crash pads, cellphone bill, commuting and it just ends up being more work for around the same pay for my last decade. I’d really like to join you guys, hopefully the pay comes up!
#436
Line Holder
Joined: Feb 2013
Posts: 1,299
Likes: 5
From: CA
I hope you guys can up the pay, I’m the perfect example of someone on the fence about jumping to 121. I did the meet and greet in Orlando a few months ago. I had a great experience with everyone I met. Had a really nice small interview there. We talked about South America flying, the 321 XLR and possibly adding Santiago and Buenos Aires as destinations. I got the video interview and that went well. In the mean time a 91 gig fell into my lap. Didn’t have to move, average about 6 days a month of flying, starting pay in the 150’s. I’m 54 and doing the math, the first year pay, training pay made it a deal breaker. Add in the cost of crash pads, cellphone bill, commuting and it just ends up being more work for around the same pay for my last decade. I’d really like to join you guys, hopefully the pay comes up!
#437
Line Holder
Joined: Nov 2016
Posts: 304
Likes: 3
Honest question. The cellphone bill? Are you saying you don’t currently have a cellphone in the year 2022 and you only would need one if you went 121 (but not currently in part 91) hence why it becomes an expense?
I get that you need one for 121 - especially reserve but implying it’s a cost to going 121 means you don’t have one/need one today? Serious question. What am I missing?
I get that you need one for 121 - especially reserve but implying it’s a cost to going 121 means you don’t have one/need one today? Serious question. What am I missing?
#438
Gets Weekends Off
Joined: Mar 2017
Posts: 4,174
Likes: 157
I hope you guys can up the pay, I’m the perfect example of someone on the fence about jumping to 121. I did the meet and greet in Orlando a few months ago. I had a great experience with everyone I met. Had a really nice small interview there. We talked about South America flying, the 321 XLR and possibly adding Santiago and Buenos Aires as destinations. I got the video interview and that went well. In the mean time a 91 gig fell into my lap. Didn’t have to move, average about 6 days a month of flying, starting pay in the 150’s. I’m 54 and doing the math, the first year pay, training pay made it a deal breaker. Add in the cost of crash pads, cellphone bill, commuting and it just ends up being more work for around the same pay for my last decade. I’d really like to join you guys, hopefully the pay comes up!
#439
Gets Weekends Off
Joined: Jul 2007
Posts: 307
Likes: 0
From: A320HD
Honest question. The cellphone bill? Are you saying you don’t currently have a cellphone in the year 2022 and you only would need one if you went 121 (but not currently in part 91) hence why it becomes an expense?
I get that you need one for 121 - especially reserve but implying it’s a cost to going 121 means you don’t have one/need one today? Serious question. What am I missing?
I get that you need one for 121 - especially reserve but implying it’s a cost to going 121 means you don’t have one/need one today? Serious question. What am I missing?
#440
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