Skull-One
Very Large Member
- Joined
- Jun 19, 2002
- Posts
- 288
34% of nothing is still nothing.
Worst case scenario (350 F/Os on 2nd Year Pay) = $3.78 Million per year. That's the whopping difference. Considering our company is going to make $21 Million.............and that our F/Os on 1st and 2nd year pay number only....256.
Simplified calculation (the difference between first and second year pay isn't enough to matter in this case).
75 Hours/Month * 12 = $900 per pilot per month
$900 X 12 = $10,800 per year per pilot
$10,800 per year * 256 pilots = $2,764,800 saved per year.
The bonuses paid out to our Management could probably take up a large chunk of that. Saving gas probably takes up more.
Now consider that our airplanes cost $7 million *APIECE* less and this $2.74M doesn't seem like much, does it? Also, that number will drop every single week as more pilots reach third year pay once our growth slows. In time it will be somewhere around $200,000/year. Big woop.
We didn't get our MCO flying based on $2.76M/year.
Indeed, we only have fewer than 60 F/Os in MCO right now.
60 F/Os * 75 Hours/Month * 12 Months * $12/Hour = $648,000
That's the difference. $648,000 !
We didn't get this d a m n e d contract for that!
__
Scheduled CDOs average about once every 52 lines. Some pilots like them. Comair has a BUNCH of them.
Reduced rest overnights are more common, especially in STL, but again, a lot of pilots want them for commutability. I personally despise RROs and bid around them. Any pairing with an RRO does not get bid by me, ever.
Worst case scenario (350 F/Os on 2nd Year Pay) = $3.78 Million per year. That's the whopping difference. Considering our company is going to make $21 Million.............and that our F/Os on 1st and 2nd year pay number only....256.
Simplified calculation (the difference between first and second year pay isn't enough to matter in this case).
75 Hours/Month * 12 = $900 per pilot per month
$900 X 12 = $10,800 per year per pilot
$10,800 per year * 256 pilots = $2,764,800 saved per year.
The bonuses paid out to our Management could probably take up a large chunk of that. Saving gas probably takes up more.
Now consider that our airplanes cost $7 million *APIECE* less and this $2.74M doesn't seem like much, does it? Also, that number will drop every single week as more pilots reach third year pay once our growth slows. In time it will be somewhere around $200,000/year. Big woop.
We didn't get our MCO flying based on $2.76M/year.
Indeed, we only have fewer than 60 F/Os in MCO right now.
60 F/Os * 75 Hours/Month * 12 Months * $12/Hour = $648,000
That's the difference. $648,000 !
We didn't get this d a m n e d contract for that!
__
Scheduled CDOs average about once every 52 lines. Some pilots like them. Comair has a BUNCH of them.
Reduced rest overnights are more common, especially in STL, but again, a lot of pilots want them for commutability. I personally despise RROs and bid around them. Any pairing with an RRO does not get bid by me, ever.
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