Chances of exceeding minimum guarantee yr 1
04-09-2023 | 02:25 PM
#1
Thread Starter
On Reserve
Joined: Feb 2023
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From: A320 FO
Chances of exceeding minimum guarantee yr 1
Curious as to thoughts on exceeding minimum guarantee as a year one FO based in FLL. I understand it is likely impacted by time on reserve, etc. However, what are your thoughts on ability to break monthly minimum year one. Assume i started OE today.
04-10-2023 | 09:38 AM
#3
Gets Weekends Off
Joined: Jan 2018
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If you bid reserve strategically, you can get x list pretty easily. Front or backload reserve and waive the 4 days off to give yourself a big chunk of time off to sit on the x list. Once you’re a line holder, you can definitely credit more.
04-10-2023 | 02:52 PM
#4
Line Holder
Joined: Sep 2022
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Agree with banana never financially plan for more than minimum. Looking to prove financials to someone for a loan of some kind? Best you can/should do is minimum.
However the chances of breaking minimum would 100% be on you, your availability and willingness to work. On reserve you’ll rarely credit more than minimum from reserve but depending on your schedule and time of the year/environmental factors there may be premium to pickup. Which is always above mmg. Once you’re a line holder it’s 100% on you. Work for straight pay and each 50-100% above mmg or take your chance with getting called for premium and working very little.
However the chances of breaking minimum would 100% be on you, your availability and willingness to work. On reserve you’ll rarely credit more than minimum from reserve but depending on your schedule and time of the year/environmental factors there may be premium to pickup. Which is always above mmg. Once you’re a line holder it’s 100% on you. Work for straight pay and each 50-100% above mmg or take your chance with getting called for premium and working very little.
04-10-2023 | 09:47 PM
#5
Bluediver the REAL deal
Joined: Jul 2022
Posts: 591
Likes: 44
Agree with banana never financially plan for more than minimum. Looking to prove financials to someone for a loan of some kind? Best you can/should do is minimum.
However the chances of breaking minimum would 100% be on you, your availability and willingness to work. On reserve you’ll rarely credit more than minimum from reserve but depending on your schedule and time of the year/environmental factors there may be premium to pickup. Which is always above mmg. Once you’re a line holder it’s 100% on you. Work for straight pay and each 50-100% above mmg or take your chance with getting called for premium and working very little.
However the chances of breaking minimum would 100% be on you, your availability and willingness to work. On reserve you’ll rarely credit more than minimum from reserve but depending on your schedule and time of the year/environmental factors there may be premium to pickup. Which is always above mmg. Once you’re a line holder it’s 100% on you. Work for straight pay and each 50-100% above mmg or take your chance with getting called for premium and working very little.
I asked ChatGPT and this is what it said.
Your financial planning should be based on reserve guarantee and that alone. If I were a magic eight ball and not a stellar AI I would say “Cannot predict now.”
04-11-2023 | 07:11 AM
#6
Line Holder
Joined: Mar 2017
Posts: 1,054
Likes: 9
From: Student of the game
While on reserve you can list for x/y if you want to get additional flying. If you're willing to work on some days off you'll have the opportunity. Once you're a line holder you can work as much or as little as you want. With how things are today the chances of crediting over guarantee are 100% if you want it.
04-11-2023 | 09:02 AM
#7
Line Holder
Joined: Jun 2006
Posts: 1,600
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04-11-2023 | 01:49 PM
#9
Line Holder
Joined: Jun 2019
Posts: 35
Likes: 0
As others have said plan for guarantee for financial planning.
While on reserve you can list for x/y if you want to get additional flying. If you're willing to work on some days off you'll have the opportunity. Once you're a line holder you can work as much or as little as you want. With how things are today the chances of crediting over guarantee are 100% if you want it.
While on reserve you can list for x/y if you want to get additional flying. If you're willing to work on some days off you'll have the opportunity. Once you're a line holder you can work as much or as little as you want. With how things are today the chances of crediting over guarantee are 100% if you want it.
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