PA44Jockey
Well-known member
- Joined
- Mar 4, 2004
- Posts
- 444
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Comair buyout for a 5 year First Officer comes out to $5000.00 after taxes. Buyout at NetJets for a 2 to 3 year First Officer comes out to almost $100,000.00.
A 2nd year FO at NJA stood to gross $68,677 from the early out and a 3rd year FO $95,607.
But Comair (or any airline for that matter) doesn't have revenues like NJA and Berkshire Hathaway.
... Raising the mins will produce onlt the most dedicated pilot who will be unwilling or unable to work for $19,000 a year.
I'd like to agree, but the facts point to the same old things:
1. The new rules won't happen.
2. It won't change a thing with the pilots, mommy and daddy will just pay for more time.
3. As I've learned since coming to this side of the industry, regionals are all (and I do mean all) bottom-feeding contractors who will cut costs at the expense of anything and everything.