Originally Posted by ACMIguy

After 12 years at Atlas I consider myself blessed to be where I am. A 767 captain living in base (CVG). I bid for and usually get my first or second choice every month. I usually get 16-17 days off a month. I get two months of vacation a year now. When I do fly I usually fly one leg and I’m off for 24-30 hours. The hotels are decent (Hiltons, Hyatts, Marriotts), we get the points. When I did gateway Atlas bought my ticket to/from work and I got the miles. When I got there they paid for my hotel room. I haven’t worked a day of overtime in years and still manage $280k. I could
easily pull a 4-5 day open time trip every month and make $350k, but I’m all about QOL and family time. I fly with FOs who make over 300k all the time. I love the pilot group I fly with. And all that Atlas asks for is that you’re receptive to change when the schedule occasionally blows up. We’re not a scheduled airline and the pilots here need to have flexibility in their skill set.

Like most pilots growing up I saw myself in a blazer and hat walking through the concourse with a Starbucks in my hand. But I’m a lost generation pilot and it wasn’t in the cards. At 43, I’m now getting emails weekly from Delta, SWA and others. After interviewing at AA and UPS and being offered class dates I chose to stay here. Starting all over at the bottom of a seniority list halfway through my career doesn’t appeal to me. Crashpads, hot reserve and junior manning don’t appeal to me. I think there’s a lot of 5Y pilots like me considering how few leave the company after the 7/8 year mark.

Also, Atlas hired me in 2011 when literally nobody was hiring. At the time Atlas and JetBlue were both hiring in trickles. They had a pool of thousands to choose from and they gave me a chance. I’m not sure that loyalty has a place in the workplace anymore but I do feel an appreciation to Atlas for offering me the chance to spend 30 years flying 747s, 777s and 767s to every corner of the world and have fun doing it.
So I have a vested interest in seeing our airline thrive.

Originally Posted by atpcliff

All AAWW shareholders will get paid $102.50. There will be no more shares, as Apollo is taking them private.
Currently, DHL owns 49% of Polar, which is part of AAWW (Atlas-airline, Polar-airline on paper...valuable Asian routes, Titan-acft leasing).

Originally Posted by HPIC

So you’re averaging over 83 hours a month, 12 months a year? That’s what it takes to make 280k on 12 year 767 Captain pay..about 998 hours pay for the year. That would most likely mean you’re training on your days off(thus working overtime) and/or selling your vacation time back to the company at a reduced rate.

The numbers just don’t add up. $250k I would believe if you sit reserve every month or only get very high CRT/block lines and book your vacation time the same months as training so you’re only at min guarantee for 2 months out of the year.

Originally Posted by Lionhaart

there’s COVID pay and profit sharing (of which I got 8k as a second year FO). That can perhaps bump it. Also reserve lines are 80+ credit hours for the 76

Originally Posted by HPIC

So you’re averaging over 83 hours a month, 12 months a year? That’s what it takes to make 280k on 12 year 767 Captain pay..about 998 hours pay for the year. That would most likely mean you’re training on your days off(thus working overtime) and/or selling your vacation time back to the company at a reduced rate.

The numbers just don’t add up. $250k I would believe if you sit reserve every month or only get very high CRT/block lines and book your vacation time the same months as training so you’re only at min guarantee for 2 months out of the year.

Originally Posted by ACMIguy

My average line value is 72 hrs. I haven’t ever sold back my vacation (again, QOL) and I haven’t done training on days off in at least five years. I have never done an open time trip at Atlas. With 22k in profit sharing I’m currently at $163k YTD. Don’t care what your math methodology is…my pay statement doesn’t lie.

Originally Posted by C17B74

Definitely doable playing it smart and I parallel your numbers as a mere FO with a bit higher average monthly hrs. Art33, profit sharing, GDO credits occasionally, one attempted extension but I was paid for it coming home on my time, no open time, always conflict bid - but it has been a very lucrative year with Art33 additions being always primary lines rarely 17 days (one this year). Caveat: Senior FO / 747.

*Drop in pay expected with vaca and training later this year. Atlas is what you make or can make of it. Here’s to us and hopefully a decent future ahead.

Originally Posted by Birdsmash

So you are telling me that private companies are not divided up (shares) by their investors like Apollo, Lehman, and Hill City?

Originally Posted by atpcliff

I don't know how DHL will get compensated for their 49% stake in Polar. AAWW sold 49% of Polar to DHL. DHL doesn't own any publicly traded shares from that deal, as there are no shares of Polar, only AAWW.

There will not be any publicly traded shares left, as they will all be bought by the Apollo led group. Will Apollo pay money directly to DHL? Maybe. Will DHL be part of the ownership group? I doubt it, as they were not announced as part of the group.

Originally Posted by C17B74

Interesting, you obviously don’t “work” here or must only hang with Delta/UPS employees that are at least 20 yrs deep in their seniority and then some. Plenty of my friends are paid more but work way harder. (Days away is definitely a factor no doubt, but not the contributor like the great “optimizer” that all the rest suffer from). Apollo will probably seek that “optimizer!” no doubt… maybe get compensated like the others, who knows anything we will just have to wait and see. Overall you did have another point awhile back “management uses our love of flying against us”, perhaps it was in a different context but there are parallels. Crap, I’ve been swindled.

*No matter what happens we are pawns in game of life. Ride it out, resume ready, recession or not, war there maybe here, enjoy what you can as best you can. None of us have voted on anything relevant here.