dtfl

I recently flew with an old MEC guy who worked on C2K - he asked me "ya know how we came up with the pay rates?...we went back to the mid 80s, added inflation and came up with a rate". So that is ALL it was

Denny Crane

I like the way you think! (And your pictures too!!)

Denny

NuGuy

There was a little bit more in C2k than inflation.

757 rates in 1984 were on the order of $130ish/hr. Plug that into the CPI, and you get $280ish in 2014.

Nu

badflaps

My W-2 for 1989 was $142,000. (75-76)

DAL 88 Driver

Actually, C2K didn't quite fully restore 1980's rates.

01OCT, 1986 - 767 Captain rate: $158.21

Adjusted for inflation, that's $342.55 today in 2014. (source: Tom's Inflation Calculator)

01MAY, 2004 (C2K) - 767 Captain rate: $267.52

Adjusted for inflation, that's $335.92 today in 2014. (source: Tom's Inflation Calculator)

FYI... today's 767 Captain rate: $219.62. That's a $122.93 per hour pay CUT in buying power from the 1986 rate and a $116.30 per hour pay CUT in buying power from the 2004 C2K rate.

Timbo

How long have you been here Karnak?

Are you aware that they did indeed (mostly SW) drag the whole industry's pay rates down?

Are you aware that those three suffered very little loss in traffic due to 9-11? The freight companies lost no business, while SW, being a small domestic only carrier, lost very little traffic/earnings. Meanwhile, the MAJORS, flying empty international routes, lost BILLIONS! But not due to PILOT WAGES! We could have flown for free and they still would have lost money and gone bankrupt.

BTW, prior to the Major's pay cuts, SW was -always- at the bottom of the 737 pay scales and I flew for a UPS feeder in 1985 prior to coming to DAL, why do you think I left?

MONEY!

But now you are comparing one of the largest international airlines pay rates in the industry, to a domestic 737 ops and a couple freight outfits?

Seriously?

You disgust me.

Back in the day, the ONLY reason anyone went to SW or a career in night freight was, they'd already been turned down at Delta, American, NW and United.

But now you hold SW/UPS/FDX up as a shining example of how to negotiate? They didn't pass us, we dropped below them!

While Delta is making BILLIONS, you are ok with 3% raises??

You are one naïve puppy.

Carl Spackler

Good read:

________________________

A J.P. Morgan airline analyst cited Delta as an example of why airlines are an increasingly attractive investment for Wall Street, even among those who historically have been wary of the industry.

In an interview on CNBC’s “Squawk Box,” financial analyst Jamie Baker said that airlines like Delta should “be shoulder-to-shoulder on the same stage with other high-quality transports.”

“Take a company like Delta, for example,” he said. “Delta generates more cash than 85 percent of [the S&P 500]. That’s more cash generation than Nike, than Yum Brands, than Amazon, it’s more cash generation than Costco.”

He added that it is time for billionaire investor Warren Buffet to reconsider his longstanding aversion to airline stocks, noting that the industry has been reshaping its business model for long-term stability and success.
__________________________

With this in mind, let's recall how many areas our contract leads the industry:

Reroute

and it just happened to come out as United plus 1%.

RetiredFTS

If C2015 negotiations drag out a year or more, does the PS rates continue according to the C2012?

80ktsClamp

That's the equivalent of 272,000. Not as far off from what we make as I thought it would be.