calfo
Well-known member
- Joined
- Dec 4, 2001
- Posts
- 204
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I have a 4 yr degree, currently fly for a major regional but no PIC turbine time as yet.
The CAL gig would be great if it didn't take about six years for the typical regional Capt. to break even in salary. $30/H. first year. Ouch indeed
what is 'typical regional Capt' five year pay? i bet i can argue against your statement.
The CAL gig would be great if it didn't take about six years for the typical regional Capt. to break even in salary. $30/H. first year. Ouch indeed
You can argue against it but that doesn't mean you are going to win. 6 years seems just about right. I had it figured at just over 5 years from my payscale at AWAC. Once you include health insurance, 401k match, hourly pay loss, etc...it's about 6 years to break even at CAL after leaving AWAC as a captain. Of course, after 6 years CAL wins hands down.
Dude you beat me to it (sts)What is a "major regional?"
-Blucher![]()
I really was going to reply then I saw your screen name and figured I didn't have to. If your still confused just read your screen name. If you are still confused, read your screen name again.The CAL gig would be great if it didn't take about six years for the typical regional Capt. to break even in salary. $30/H. first year. Ouch indeed
You can argue against it but that doesn't mean you are going to win. 6 years seems just about right. I had it figured at just over 5 years from my payscale at AWAC. Once you include health insurance, 401k match, hourly pay loss, etc...it's about 6 years to break even at CAL after leaving AWAC as a captain. Of course, after 6 years CAL wins hands down.
Or we might merge with UAL causing a ripple effect that could force the entire industry into utter chaos.
I would wait for somthing better to come along..... The downside is pretty bad..:beer:
The very possible consolidation of some Legacies will inevitably bring about consolidation of A/C fleets. I would hate to see folks consuming from their savings to subsidize a $30/H salary and then suffer a furlough.
I really hope that I'm wrong and that the dust has in fact settled![]()
A 2001 hire, who was furloughed for 3 years, just held Captain on the last bid. He will be making around $140 an hour so I think he has a pretty good arguement.
The early 2005 hires are pretty close to his seniority so they might actually hold it on the next bid.
Or we might merge with UAL causing a ripple effect that could force the entire industry into utter chaos.
I would wait for somthing better to come along..... The downside is pretty bad..:beer:
Would you or other CAL guys take SWA over CAL if you had the choice based on what you know? I have a friend who has an offer from both...I told him SWA...what do you guys think. I think he was SWA bound reguardless.
Nice choice to have, make sure he knows the retirement situation at CAL (2190 over the next 10 years) to include that in his process.
That is a very good point...but how many guys has CAL hired since they opened the window in 05? I am guessing in the neighborhood of 800-1000. With that being the case then someone hired right now would move up 1300 numbers or so in 10 years. (just a guess...based on numbers). Thats not bad at all...but then it is a wash with SWA...since thats about the same amount of retirements they will have in the next ten years...compound that with their plan (as of right now) to continue to grow...and honestly I think the movement at both is equal. CAL is not growing at the rate SWA is, that could all change but in the end i think overall movement at both is equal. I think whatever he decides, he can't go wrong with either...as long as everything stays the way it is. Thats where the difference is...CAL is more subject to factors that SWA isn't (mergers is where I am headed with this). If I had to bet 30 years or so in this industry right now...I would take SWA. Especially when sitting at the bottom 25% of a list in this industry is scary. But it's not my choice...if I had this choice I would be torn too.
What does a typical regional capt make these days? I'm finishing my year of $30/hr and going into the 777 at $72/hr. When I was a captain at a regional, I didn't make nearly that much, but it was a while ago.
Nice choice to have, make sure he knows the retirement situation at CAL (2190 over the next 10 years) to include that in his process.
...then someone hired right now would move up 1300 numbers or so in 10 years...
That is a very good point...but how many guys has CAL hired since they opened the window in 05? I am guessing in the neighborhood of 800-1000.
From our MEC update:
With the end of summer flying, pilot hiring is now increasing back to its "normal" pace of 36-64 pilots a month until May 2007. 36 pilots will be hired for the month of September. These new hires will be going to IAH and EWR bases on both the B737 and B757 equipment.
Any idea on what the "junior" airplane is out of training, IOW are folks taking the 756 over the 737 if given the chance or is it the other way around??