Hey ITFL.....I'm just asking this question for informational purposes only: Here are the inflation rates for the past 7 years.
09 -0.34
08 +3.85
07 +2.85
06 +3.24
05 +3.39
04 +2.68
03 +2.27
Does the FLOPS TA give a COLA to compensate for inflation, or will all those 3.5% annual increases simply be eaten up by the increases in the cost of living? Thanks for the info.
Inflation and union dues will eat up that 3.5% raise and then some. Plus the new pay scale for the most part is less pay vs the current pay scale. FLOPS is lowering the bar for the industry with regard to pay for any future pilot that is not on the seniority list right now.