Spetre:
I'm guessing that the folks hiring on now will easily see 6th yr cpt. at DAL. 6th yr captain pay on the M88 is $131/hr. We aren't hiring for attirition, but for growth. New a/c coming for the forseeable future. Also, was told by the CP's office they are upping the hiring to 75/month.
It will most likely be like it was back 10 yrs ago where 2 yr captains at DAL were part of the norm.
JB is slowing its growth plan.
How long for a current new hire (hired today) to be upgraded to 320 Capt?
I'm just curious..........
737
Glad to hear things are picking up at DAL. However, lets look at some other legacies.
6 year Captain pay:
USAir A320 $117/HR
NWA DC9 $118/HR
UAL A320 $125/HR
My pay at JetBlue is $127/hr and $190/hr after 70 hours. At NWA, it's probably going to take over 10 years to upgrade to DC-9 Captain. That's 200+ retirements a year and negative growth as they are not replacing the DC-9s being parked. Plus, it takes over 80 hours to get premium pay.
To add, here's a number most don't know. For a 6 year pilot, JetBlue pays another 10 hours/month in PTO (personal time off). This pay can either be used as days off, sick time that pays premium or cashed out at any pay period. You are allowed up to 200 hours in this bank. It's use or lose, so at some point people here are getting it as additional pay or more time off.
Sure, junior guys always want what senior guys have. That's the same at any airline. However, just this year alone, E190 guys and FO's on the A320 have had a larger percentage pay increase than Captains on the A320.
To add, this year our 401K matching was increased from 3% to 5% and we also have 5% profit sharing whether the company makes money or not. We also have a new long term disability for pilots which I feel is industry leading. You get an average of your last 12 months pay until retirement age.
Finally, some of us have over 20,000 shares of JetBlue stock options while junior guys have around 6,000 shares. Sorry new guys who have zero. One bright spot though, if our stock goes over $20/share, you new guys may be moving up a couple 100 line numbers...
JetBlue isn't perfect, but over the last 7 years, every pilot has had some sort of pay increase even after 9/11, no pay cuts, and no union dues.