I'm hearing a 10% across the board pay raise. That gets us just even with inflation since the last one (three years ago). With a five year contract (if we don't get some sort of COLA built in), that would be a 15% pay cut by year five. Inflation has averaged 3% a year lately.
I can hear the arguments now: "but you get a pay raise every year", "Don't worry about FO pay, you'll be a Captain in 2 1/2 years".
BINGO!
EVERYONE needs to understand this basic FACT of pay raises.
3 years without a COLA raise = approximately 9% of a BASE pay raise JUST TO KEEP PACE WITH INFLATION.
That means if they come to us with a 15% pay raise, that REALLY means you just got a 6% raise over what our rates were 3 years ago in equivalent dollars.
So the pilot group has waited 3 years for a 6% raise?
That's why I've said the F/O's need AT LEAST a 25% raise IMMEDIATELY, going up by 3% per year for COLA plus an extra 3-5% for longevity at the bare minimum, for each year of the contract. That would be a 16% pay raise and would bring us about 1/3 of the way towards matching Southwest's pay scale.
3) Any references in any shape or form to allowing age 60+ guys back is a big "NO". We may have to endure the decisions of the idiots in Washington who are paid for their votes, but we don't have to give any more.
I don't have a problem with the age 60+ guys coming back under 2 conditions.
1. They don't get to come back as CA's. They can come back as F/O's.
2. They get to come back at their old longevity. If they were 15 year CA's, they can come back as 15 year F/O's.
This is what the legislation SHOULD have done to begin with for at least a 5 year, preferably a 15 year "integration period".
That way, they get some extra coin until they can collect social security AND those who are slated to upgrade don't have as bad of a financial impact to their career.