hypothetical pay question

[doh]

Yip, your Godfather speak is as dead as capitalism.

 

[rajflyboy]

If NJASAP negotiated $300000 a year pay for us captains, and $200000 for the FOs, how would y'all feel about that? How would that affect the frac industry? How would our competitors react? Would we be worried about our ability to compete?

Todd
Todd
Todd
Todd
Todd
Todd

 

[G4dude]

Capitalists don't like Price Competition ... They like Cartels....

The repeal of Capitalism was the anti-trust laws.... Government Regulation of Business practices....

Mercantilists and crooks like cartels. Capitalists do not. Even if they did, the free market destroys cartels over time.

 

[G4dude]

Would you want any days off with that pay, would you still want benefits and retirement with that pay?

Or you could rasie more money by selling protection to your customers, you know the kind of protection that goes like this "Sees yoous paya dhese rates or someting bad might happen to yoous or yours family"

BTW How is my Godfather speak?

Excellent Godfather speak!

 

[G4dude]

Would you want any days off with that pay, would you still want benefits and retirement with that pay?

Or you could rasie more money by selling protection to your customers, you know the kind of protection that goes like this "Sees yoous paya dhese rates or someting bad might happen to yoous or yours family"

BTW How is my Godfather speak?

I used to have an FO who had flown for Zantop. He was a very good pilot, loved the Lear 25 I threw him into.

 

[G4dude]

Todd
Todd
Todd
Todd
Todd
Todd

Who or what is TODD? And why is my harmless hypothetical question so upsetting?

 

[G4dude]

Would you want any days off with that pay, would you still want benefits and retirement with that pay?

Or you could rasie more money by selling protection to your customers, you know the kind of protection that goes like this "Sees yoous paya dhese rates or someting bad might happen to yoous or yours family"

BTW How is my Godfather speak?

Here is a funny/tragic story. I was flying with a very nice moderate union guy and he gave me some good advice. He told me that if I ever cross a picket line, be ready to have my overnight bags defecated in when I am not looking, if I leave my bags in a crew lounge for a few minutes. He did not approve of that behavior, but your Godfather would. Of course, the fact that I would never do that to a striker is lost on these folks. Cheers!

 

[pilotyip]

Yip, your Godfather speak is as dead as capitalism.

"whats a matta yoous", Is that better? Came from a union recruiting practice here at KYIP in WWII, when building B-24 bombers. The UAW would ask you to join. if you didn't, maybe you find a flat tire on your car, back then tires were almost priceless. The union said the brotherhood looks out for each other and things like that won't happen when you join.

 

[gunfyter]

So now Capitalists like Government Regulation? Sounds more like Fascism ... than Capitalism.

 

[Willy21]

Mercantilists and crooks like cartels. Capitalists do not. Even if they did, the free market destroys cartels over time.

Free markets do not destroy cartels, self interest does. In the long run individuals choose what is best for them and not the cartel.

What raises and drops salaries is elasticity. The more elastic your service, the less money you make. What determines elasticity, the number and closeness of substitute goods. In today's market there are a lot of pilots and airplanes not being used or are under utilized. Until those resources are maxed out, we are at current book value.

In order to make more money you need to provide a service that nobody else provides and find somebody that wants that service bad. Now you have the ability to demand your price. Then you are a monopoly.

 

[G4dude]

Free markets do not destroy cartels, self interest does. In the long run individuals choose what is best for them and not the cartel.

What raises and drops salaries is elasticity. The more elastic your service, the less money you make. What determines elasticity, the number and closeness of substitute goods. In today's market there are a lot of pilots and airplanes not being used or are under utilized. Until those resources are maxed out, we are at current book value.

In order to make more money you need to provide a service that nobody else provides and find somebody that wants that service bad. Now you have the ability to demand your price. Then you are a monopoly.

Excellent post! However, I would point out that self interest and free markets are synonymous, as long as the government does not pick favorites, in which case you have economic fascism. Cheers! The Scab has spoken.

 

[G4dude]

So now Capitalists like Government Regulation? Sounds more like Fascism ... than Capitalism.

Not sure to whom you are responding, Guns, but you are correct. Heavily regulated Capitalism, rather than letting the Market with all its checks and balances balance things, is fascism.

 

[DUATS]

When the airlines charge $2,500 for a round trip from NYC to FLA instead of $250, and $8,000 for a flight to Europe instead of $800, they will actually be able to make money and give substantial raises to their pilots. That will "trickle down" to all other parts of aviation. Of course, who knows if that day will ever come. Maybe when gas costs $20 a gallon.

Of course, the FAA funding bill requires an end to "see and avoid" as well know it within 4 years: they are REQUIRED to issue regulations allowing non-crewed drones in the federal airspace. How soon before airliners are flying with one pilot - on the way to flying with none sometime in the future?!?

 

[pilotyip]

When the airlines charge $2,500 for a round trip from NYC to FLA instead of $250, and $8,000 for a flight to Europe instead of $800, they will actually be able to make money and give substantial raises to their pilots. That will "trickle down" to all other parts of aviation. Of course, who knows if that day will ever come. Maybe when gas costs $20 a gallon.

and there will be two Transcontential flights each day, but those pilots will be well oaid

 

[G4dude]

When the airlines charge $2,500 for a round trip from NYC to FLA instead of $250, and $8,000 for a flight to Europe instead of $800, they will actually be able to make money and give substantial raises to their pilots. That will "trickle down" to all other parts of aviation. Of course, who knows if that day will ever come. Maybe when gas costs $20 a gallon.

Of course, the FAA funding bill requires an end to "see and avoid" as well know it within 4 years: they are REQUIRED to issue regulations allowing non-crewed drones in the federal airspace. How soon before airliners are flying with one pilot - on the way to flying with none sometime in the future?!?

Got any further info on the future airspace stuff with drones and automation? Sounds like a good new thread, for sure!

 

[CA1900]

How soon before airliners are flying with one pilot - on the way to flying with none sometime in the future?!?

As long as Honeywell still makes avionics equipment, we'll need a pilot to override its glitches!

 

[surveypilot]

As long as Honeywell still makes avionics equipment, we'll need a pilot to override its glitches!

Where is the Like button when you need it!

 

[G4dude]

As long as Honeywell still makes avionics equipment, we'll need a pilot to override its glitches!

Truer words were never spoken! (typed).