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hypothetical pay question

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G4dude

Well-known member
Joined
Dec 24, 2004
Posts
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If NJASAP negotiated $300000 a year pay for us captains, and $200000 for the FOs, how would y'all feel about that? How would that affect the frac industry? How would our competitors react? Would we be worried about our ability to compete?
 
G4dude said:
If NJASAP negotiated $300000 a year pay for us captains, and $200000 for the FOs, how would y'all feel about that? How would that affect the frac industry? How would our competitors react? Would we be worried about our ability to compete?
Click to expand...

Please don't drink and fly/drive.
 
I know they say there are no stupid questions, but they're wrong.
 
Sounds great. I think we a worth that much, but to get to that rate many things would have to fall in place that are not in our control. The playing field that is 91k/135 would need to be level. Right now just about anybody can find some airplanes and undercut. There needs to be a balance between what we are worth and pricing ourself out of the market.
 
G4dude said:
I don't understand what that means in this context.
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Assuming you really don't get the tongue in cheek comment, what the guy is saying in the post was so far off the wall, he must have been drinking (or smoking dope, doing drugs, or just plain out of his mind) when he posted it and to make sure he sobers up before driving or flying.
 
Willy21 said:
Sounds great. I think we a worth that much, but to get to that rate many things would have to fall in place that are not in our control. The playing field that is 91k/135 would need to be level. Right now just about anybody can find some airplanes and undercut. There needs to be a balance between what we are worth and pricing ourself out of the market.
Click to expand...
That's why you have to create a monopoly (national union). Then put hotels on BoardWalk and Park Place. Or somehow control the number of people who are allowed to get ATPs .... You have to do what it takes to avoid Price Competition.
 
Sure,,, that sounds good. But would I have to work more than one day a month?? And it better not be Friday. I don"t work Fridays.

Hung
 
Willy21 said:
Sounds great. I think we a worth that much, but to get to that rate many things would have to fall in place that are not in our control. The playing field that is 91k/135 would need to be level. Right now just about anybody can find some airplanes and undercut. There needs to be a balance between what we are worth and pricing ourself out of the market.
Click to expand...

Now there is a thoughtful answer. Thanks. if we feel we are worth 300k, and the competition can find pilots who will fly for 90k, are we worth 300k? I think we are only worth what the free market will pay us, the pay coming from a company which can stay in business. 300k would sure be nice, however. :-)
 
gunfyter said:
That's why you have to create a monopoly (national union). Then put hotels on BoardWalk and Park Place. Or somehow control the number of people who are allowed to get ATPs .... You have to do what it takes to avoid Price Competition.
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In other words, repeal Capitalism. Which is your point, Guns.
 
G4, capitalism has already been repealed. When an employee can fail utterly and still walk away with multi millions of dollars, capitalism, and the free market for that matter, are dead.
 
G4dude said:
If NJASAP negotiated $300000 a year pay for us captains, and $200000 for the FOs, how would y'all feel about that? How would that affect the frac industry? How would our competitors react? Would we be worried about our ability to compete?
Click to expand...
Would you want any days off with that pay, would you still want benefits and retirement with that pay?

Or you could rasie more money by selling protection to your customers, you know the kind of protection that goes like this "Sees yoous paya dhese rates or someting bad might happen to yoous or yours family"

BTW How is my Godfather speak?
 
Yip, your Godfather speak is as dead as capitalism.
 
G4dude said:
If NJASAP negotiated $300000 a year pay for us captains, and $200000 for the FOs, how would y'all feel about that? How would that affect the frac industry? How would our competitors react? Would we be worried about our ability to compete?
Click to expand...



Todd
Todd
Todd
Todd
Todd
Todd
 
gunfyter said:
Capitalists don't like Price Competition ... They like Cartels....

The repeal of Capitalism was the anti-trust laws.... Government Regulation of Business practices....
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Mercantilists and crooks like cartels. Capitalists do not. Even if they did, the free market destroys cartels over time.
 
pilotyip said:
Would you want any days off with that pay, would you still want benefits and retirement with that pay?

Or you could rasie more money by selling protection to your customers, you know the kind of protection that goes like this "Sees yoous paya dhese rates or someting bad might happen to yoous or yours family"

BTW How is my Godfather speak?
Click to expand...

Excellent Godfather speak! :-)
 
pilotyip said:
Would you want any days off with that pay, would you still want benefits and retirement with that pay?

Or you could rasie more money by selling protection to your customers, you know the kind of protection that goes like this "Sees yoous paya dhese rates or someting bad might happen to yoous or yours family"

BTW How is my Godfather speak?
Click to expand...

I used to have an FO who had flown for Zantop. He was a very good pilot, loved the Lear 25 I threw him into. :-)
 
pilotyip said:
Would you want any days off with that pay, would you still want benefits and retirement with that pay?

Or you could rasie more money by selling protection to your customers, you know the kind of protection that goes like this "Sees yoous paya dhese rates or someting bad might happen to yoous or yours family"

BTW How is my Godfather speak?
Click to expand...

Here is a funny/tragic story. I was flying with a very nice moderate union guy and he gave me some good advice. He told me that if I ever cross a picket line, be ready to have my overnight bags defecated in when I am not looking, if I leave my bags in a crew lounge for a few minutes. He did not approve of that behavior, but your Godfather would. Of course, the fact that I would never do that to a striker is lost on these folks. Cheers!
 
doh said:
Yip, your Godfather speak is as dead as capitalism.
Click to expand...
"whats a matta yoous", Is that better? Came from a union recruiting practice here at KYIP in WWII, when building B-24 bombers. The UAW would ask you to join. if you didn't, maybe you find a flat tire on your car, back then tires were almost priceless. The union said the brotherhood looks out for each other and things like that won't happen when you join.
 
G4dude said:
Mercantilists and crooks like cartels. Capitalists do not. Even if they did, the free market destroys cartels over time.
Click to expand...

Free markets do not destroy cartels, self interest does. In the long run individuals choose what is best for them and not the cartel.

What raises and drops salaries is elasticity. The more elastic your service, the less money you make. What determines elasticity, the number and closeness of substitute goods. In today's market there are a lot of pilots and airplanes not being used or are under utilized. Until those resources are maxed out, we are at current book value.

In order to make more money you need to provide a service that nobody else provides and find somebody that wants that service bad. Now you have the ability to demand your price. Then you are a monopoly.
 

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