Flexjet Big Day...jan 15th

[LukinUp]

Great! Looks like CS is now the 3rd highest paying frac. ????

 

[gunfyter]

Great! Looks like CS is now the 3rd highest paying frac. ????

What about XOJet?

 

[Frac Cap]

And Flops isn't even in the ball game.

Congrats Flex Jet pilots. I'm happy to see your company step up.

 

[Buckeye]

It's nice to see that others are begining to be fairly compensated, hopefully things will continue to move forward. I am glad to see it, if PAY/QOL continues to rise at the Fracs it will be the place to be. Next time I over night with some Flex boys, they can buy the beers!:beer:

 

[Buckeye]

It's nice to see that others are begining to be fairly compensated, hopefully things will continue to move forward. I am glad to see it, if PAY/QOL continues to rise at the Fracs it will be the place to be. Next time I over night with some Flex boys, they can buy the beers!

This isn't a double post, I am just a big boy and need my room.

 

[Wankel7]

Its almost like an arms race

I wonder if this will ever happen at a regionals?

 

[LukinUp]

Great! Looks like CS is now the 3rd highest paying frac. ????

What about XOJet?

Okay...4th! Anyone else want to make me feel even more underpaid???

 

[TWA 2 ASA FO]

What about the pension. I talked with a 604 CA the other day who said that his pension will pay $40K a year. Is this true?

No way. The maximum years they count is 20 X the now highest $137k is only $27.4k year. Maybe the company the 604 pilots work for has a different retirement plan. Or maybe he was just telling you how it isn't.

 

[frac pilot]

Pension hasn't changed:
Highest five years salary x years of service x 1%

A challenger Capt averaging $130,000 x 30 years of service x 1% = $39,000/yr. No limit to the number of years used to calculate pension benefit. Obviously the number will changed with salary differences and years of service.

 

[notapilot]

I am happy the bottom and mid level scale improved. The problem is Lear and Challenger captains years 10-15 only increase 1.6% year over year. The owners contracts increase according to the CPI as should the pay scale. Less buying power from years 10 on is not what I would celebrate. If you are not already at this end of the scale you might find yourself there someday.