slowtation capt
Well-known member
- Joined
- Apr 13, 2003
- Posts
- 445
You are a 15 year citation X captain. Let's compare your pay to a FJ 15 year Lear captain.
FO 15 year citation X captain on the 18 day flex salary = $106,142
FJ 15 year Lear captain at 15.5 days per bid period = $132,587
That comes to a difference of $26,445.
I would have to spend $131 per day on average (15.5 x 13 = 201.5 days worked) on food to equal $26,445.
The big difference you are missing here is that if you only spend $10,000 you get nothing more.
If I only spend $10,000 I get to keep the additional $16,445.
.
Here's where you failed to include, didn't know about, or etc...The automatic percentage (3%) increases each time they extend the contract at yr 4 and 5 on top of the annual increase(3.5%)
FO 15 year citation X captain on the 18 day flex salary = $116,548
FJ 15 year Lear captain at 15.5 days per bid period = $132,587
That comes to a difference of $16,039.
I would have to spend $79 per day on average (15.5 x 13 = 201.5 days worked) on food to equal $16,039.
But since I work only 192 day, I guess it more of $84 a day
If I only spend $10,000 I get to keep the additional $6,039.
Since you make $658 a day
Flops 15yr Citation X Flex schedule makes $607
If he worked those extra 9.5 days, he would make an additional $5766.50+$116,548=$122,314.50
Now you are talking about a $10272.50 difference or just $51 a day of food.
And if you spend your $10,000, then you only keep $272.50