PropsR4Boats
Well-known member
- Joined
- Mar 23, 2005
- Posts
- 121
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PropsR4Boats said:Does anyone have a pilot pay scale for the DC-9 back in the 70's?
AAflyer said:Still looking for you, but i just found this, I think you will find it interesting.
AA
A closer look at our compensation levels in the pre-deregulated airline industry will illustrate what I mean. When I checked out as a Boeing 737 first officer in 1978, I grossed over $70,000 a year. As I recall, Boeing 737 captains were pulling down around $100,000 a year and those exalted Boeing 747 captains were making in the neighborhood of $175,000. We used to facetiously ask the question, "Why did Boeing put such a huge hump on the top of the 747?" The not-so-facetious answer was, "So the captain can sit on his wallet."
Now, you may say that those pay rates are about what modern-day airline pilots were making before the last round of pay cuts. However, you have to convert that 1978 pay to today's dollars. To do that, we need to apply the increase in the Consumer Price Index (CPI).
The CPI is a measure of the average change in prices over time in a market basket of goods and services. For example, the beer I bought in 1978 for $1.00 (and as I recall, I bought more than a few) costs me $2.82 now (Thankfully, I'm not drinking as much beer as I used to.). Table 1 below shows the 1978 paychecks for each position and the related size of those paychecks in today's dollars.
TABLE 1: 2003 $ value of 1978 Pay
Year
FO B737 CA B737 Cap B747
1978 $70,000 $100,000 $174,000
2003 $197,400 $282,00 $493,500
JP4user said:AA thanks for that post. It should be mandatory reading for the Unions to get out of this mode of subsidizing the cost of doing business in 2006.
Problem is the leadership of ALPA isn't suffering like their members are so they don't care.
AAflyer said:JP.
No problem, here is a link to the rest of the article..
Regards,
AA
http://www.landings.com/_landings/stories/captainicarus.html
JP4user said:AA thanks for that post. It should be mandatory reading for the Unions to get out of this mode of subsidizing the cost of doing business in 2006.
Problem is the leadership of ALPA isn't suffering like their members are so they don't care.
Not disputing your overall point but your figures are a bit off for 2006 NWA 747CA pay.Whine Lover said:1990 NWA 12 Year 747 Captain... Approx. $185,000/annually
2006 NWA 12 Year 747 Captain... Approx. $141,000/annually
Only a $44,000 decrease you say?
Well, "you do the math" concerning COL / Inflation / Buying Power.
It ain't a "linear" type thing...
YKW
P.S.- Compare the upward progression of Airline Management Salaries over the same period...And while you're at it, Plumbers, Lawyers, Brick Layers, Janitors, CPA's, and Minimum Wage Workers.
No one...NO ONE, is a collectively more "Dumb-Ass" group than those involved in our so-called "Proud Profession".
FCPhotography said:What does a 12 year Southwest CA make? Not including profit sharing.
(vs. NWA 747)
I heard but don't want to believe it.
Yeah, the rate is high, but the guarantee is low - it used to be 40 hours - what's it now? Of course, when you broke guarantee, the dollars rolled in...pilotyip said:This is still a great career, too many negative vibes. The good ole days are never coming back; they were an abrogation of unique times. BTW USA Jet DC-9 Capt pay $174/hr.
iaflyer said:Yeah, the rate is high, but the guarantee is low - it used to be 40 hours - what's it now? Of course, when you broke guarantee, the dollars rolled in...
pilot141 said:Surely someone here has heard the old stick by which to measure our current compensation, right?
In the "good old days" a Captain could buy a new Cadillac every month.
Of course that meant Captain on the biggest, baddest equipment you had so we're talking 707, DC-8 and then DC-10, L-1011 and 747 Captain types. I'd say this aphorism was true from the early 60s until the late 80s at least.
What it means now is that a Captain on a 747/777 should be making about $40,000/month to be in line with what airline captains used to make.
The Delta guys were close with their last big contract but had still lost ground; now everything is just an embarassment.
Edit: this rule of thumb matches up with AAFlyer's numbers.