maxblast72
Well-known member
- Joined
- Jun 5, 2006
- Posts
- 931
General, I have ran my own numbers, but maybe you can help me. Here are the age 65 retirement numbers I found online for the next 5 years:DL is approx 400 pilots fat right now according to sources in the CPO. The 16 717s and 13 MD90s coming this year will eat those up. Throw 36 more 717s for each of the next two years, plus eventual retirements, and there should be hiring in 2014. And if you get in during 2014, you would be in a great place before the HUGE retirement numbers coming in 4-5 years, some of which have 700-800 pilots retiring each year. That is unbelievable upward movement. Are you going to apply Max?
Bye Bye---General Lee
Delta: 857 retirements (or 7.2% of the group)
Southwest: 757 retirements (or 9.6% of the group)
Using the following assumptions for total compensation calculations for me as a SWA FO (including 401K match and profit sharing but excluding per diem), here are the numbers I come up with:
Pay rate: $130-135/TFP
Yearly Credit Accumulation: 1200-1300 TFP
Days worked per month: 13-14 days
Profit Sharing: 5%
My total compensation as a SWA FO over the next 6-8 years: $175-200K
General, if I went to Delta in 2014, how much would I lose in my first 3 years? How many days off would I give up my first 3 years? Also, just curious how long it would take me to get up to $200K per year in total compensation (while working 13-14 days a month).
Right now, I just don't see me leaving. Especially when considering the $15 billion (and growing) underfunded pension and medical benefit obligation Delta lists in their 10K every year.