PA44Jockey
Well-known member
- Joined
- Mar 4, 2004
- Posts
- 444
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Comair buyout for a 5 year First Officer comes out to $5000.00 after taxes. Buyout at NetJets for a 2 to 3 year First Officer comes out to almost $100,000.00.
A 2nd year FO at NJA stood to gross $68,677 from the early out and a 3rd year FO $95,607.
But Comair (or any airline for that matter) doesn't have revenues like NJA and Berkshire Hathaway.
... Raising the mins will produce onlt the most dedicated pilot who will be unwilling or unable to work for $19,000 a year.
I'd like to agree, but the facts point to the same old things:
1. The new rules won't happen.
2. It won't change a thing with the pilots, mommy and daddy will just pay for more time.
3. As I've learned since coming to this side of the industry, regionals are all (and I do mean all) bottom-feeding contractors who will cut costs at the expense of anything and everything.
I'd like to agree, but the facts point to the same old things:
1. The new rules won't happen.
2. It won't change a thing with the pilots, mommy and daddy will just pay for more time.
3. As I've learned since coming to this side of the industry, regionals are all (and I do mean all) bottom-feeding contractors who will cut costs at the expense of anything and everything.
How Much Are You Worth?
A little under $3,000,000 last time my accountant showed me!!
How Much Are You Worth?
A little under $3,000,000 last time my accountant showed me!!
You're going to find alot of guys that fall short of the requisite mins will be showing up to interviews with alot of P-51 time.Raising the mins will produce onlt the most dedicated pilot who will be unwilling or unable to work for $19,000 a year.
comair buyout for a 5 year first officer comes out to $5000.00 after taxes.
not so sure, the new regs allow logging of time at the controls of any RC airplane over 8 lbs.
How Much Are You Worth?
A little under $3,000,000 last time my accountant showed me!!
Bucks?two hundred
Haha awesome. Now... take out your boat payment, alimony (for five wives), the vacation home you bought for 500k that is now worth 250k (and you never should have bought it in the first place). Now you are looking at about $300,000. Not real good for someone just a few years away from his "golden years."
Raising the mins will produce onlt the most dedicated pilot who will be unwilling or unable to work for $19 said:Not quite. Remember when ASA's mins were 2500/1500, and you still had to pay $10k for training? They had no shortage of applicants.
About tree-fitty!!
Not quite. Remember when ASA's mins were 2500/1500, and you still had to pay $10k for training? They had no shortage of applicants.