Bloomberg-Pilot Shortage Keeps Majors Worried
07-07-2016, 07:23 AM
#111
MK Ultra Candidate
Joined APC: Feb 2013
Position: Prime Leader of Boko Harumph
Posts: 1,167
And does that top a 25 year 74 CA flying the line? Will their retirement top a 25 year CA flying the line?
Still not answering the question, and now you're throwing in additional time spent above and beyond what can be compared to "flying the line".
You can find narrow body CA's easily breaking your numbers with GS, senior man, premium pay, whatever.
And AGAIN, what are those guys retiring at? Do they top the maxed out 74 CA numbers I posted earlier?
Still not answering the question, and now you're throwing in additional time spent above and beyond what can be compared to "flying the line".
You can find narrow body CA's easily breaking your numbers with GS, senior man, premium pay, whatever.
And AGAIN, what are those guys retiring at? Do they top the maxed out 74 CA numbers I posted earlier?
07-07-2016, 07:35 AM
#112
MK Ultra Candidate
Joined APC: Feb 2013
Position: Prime Leader of Boko Harumph
Posts: 1,167
Apples and apples, how many 74 guys are living in Ar? Any cop on the west coast that isn't doing more than 100k isn't trying. My buddy is in the same percentage of guys making that as there are guys retired from the 74'. Your or my odds of retiring from the 74' or equilavent are the same as my buddy retiring as a Commander. The average airline guy will retire on the 76', or 330, the average detective will retire at 75% of 150k and get a very nice medical package. My point was/is if you were to work as hard in a different job path you could do very well. My buddy enjoyed his career as much as I do, but he is retired at 55 and I will likey work to 65-67 and retire with a much smaller retirement. Not lamenting just observing.
07-07-2016, 07:43 AM
#113
Gets Weekends Off
Joined APC: Aug 2015
Posts: 233
Source https://www.calpers.ca.gov/page/newsroom/myths-vs-facts
I'd assume any 25 year wide body CA is at least at year 12 pay. Using the min at DAL (currently lowest pay for wide body among the legacies; completely understand they actually take home much more) I show $210000. Again, far from it. There are anomalies in the system, but the average person in LE makes far less.
07-07-2016, 07:46 AM
#114
Gets Weekends Off
Joined APC: Aug 2015
Posts: 233
The average person entering legacies now with 25+ should be able to retire as a wide body CA, based on mandatory retirements and no growth. Plenty of wide body CA not in California.
07-07-2016, 08:22 AM
#115
Runs with scissors
Joined APC: Dec 2009
Position: Going to hell in a bucket, but enjoying the ride .
Posts: 7,730
Just ask any 747 Captain at Pan Am, TWA, People Express...
07-07-2016, 12:57 PM
#116
Line Holder
Joined APC: Aug 2014
Posts: 40
Pretty quick Google yielded this "The average CalPERS pension is about $31,500 per year"
Source https://www.calpers.ca.gov/page/newsroom/myths-vs-facts
I'd assume any 25 year wide body CA is at least at year 12 pay. Using the min at DAL (currently lowest pay for wide body among the legacies; completely understand they actually take home much more) I show $210000. Again, far from it. There are anomalies in the system, but the average person in LE makes far less.
Source https://www.calpers.ca.gov/page/newsroom/myths-vs-facts
I'd assume any 25 year wide body CA is at least at year 12 pay. Using the min at DAL (currently lowest pay for wide body among the legacies; completely understand they actually take home much more) I show $210000. Again, far from it. There are anomalies in the system, but the average person in LE makes far less.
Last edited by Rotors2Planks; 07-07-2016 at 01:01 PM. Reason: CHP aviation
07-08-2016, 10:28 PM
#117
Gets Weekends Off
Joined APC: Mar 2007
Position: Capt
Posts: 3,215
Someone should explain to Greg that when he goes to bed at night, it should occur to him in those field of dreams that.....If you pay them, they will come!
Record profits, Greg. Record profits.
It's not rocket science.
Record profits, Greg. Record profits.
It's not rocket science.
If UAL/DAL/AA/SWA all pay about the same, then they all will suffer from the shortage, along with every other carrier "below" them...
One thing that needs to be kept in mind is that many of the 20 somethings and younger are far less motivated by pay than older folks are. Recruiters for corporations across many industries are finding that recent college graduates are far more focused on quality of life issues above all else.
Trying to entice 20 somethings and millennials with high cost of entry, low pay, long days and 20 nights or more away from home staying at cheap hotels in places like Elmira, Akron and Topeka is just not going to cut it.
Trying to entice 20 somethings and millennials with high cost of entry, low pay, long days and 20 nights or more away from home staying at cheap hotels in places like Elmira, Akron and Topeka is just not going to cut it.
Last edited by atpcliff; 07-08-2016 at 10:50 PM.
07-08-2016, 10:44 PM
#118
Gets Weekends Off
Joined APC: Mar 2007
Position: Capt
Posts: 3,215
The government is owned by the banks. They work hand in hand.
...
Well, kind of, but also the other point is that the government (Fed) was forcing banks to make loans they shouldn't have made.
...
Well, kind of, but also the other point is that the government (Fed) was forcing banks to make loans they shouldn't have made.
Here is an example.
GA passed laws preventing this kind of predatory lending...very similar to the laws in Canada.
The Banking 1%ers went to the US Congress, and got them to pass a law stating that any state laws preventing the loans the wanted from being made were invalid. So, the GA laws were out the window, and the predatory loans piled up in GA, adding to the 2008 debacle.
Meanwhile, in Canada, the 1%ers asked for the same thing: Loosen the laws on lending. The Canadian government told them to pound sand.
In WI today, the old Harris Bank, a US based bank, is now called BMO/Harris (Bank Of Montreal). The Canadian banks kicked our asses, because their government is much less corrupt than the US government.
07-08-2016, 10:57 PM
#119
Gets Weekends Off
Joined APC: Mar 2007
Position: Capt
Posts: 3,215
from UAL:
...this shortage will affect everyone.
more UAL....
...this shortage will affect everyone.
We have over 12,000 active apps on file but those are the same 12,000 on file at every other airline. I've talked to our recruiters and they are very concerned they will not be able to hire qualified pilots in five years when the pilot market really dries up.
Given fact half of our new hires (have been hiring about 700 to 800 pilots per year last few years) are over 40. That means next 20 years will be retiring just as many pilots on bottom half of list as top of list. That has never occurred before.
China will be growing from a relatively small pilot size to over 225,000 pilots over next 20 years with little or no infrastructure to train their own pilots. At present they are offering 300K for expat contract jobs with two weeks on and two weeks off with positive space travel back and forth to US every month.
I predict in ten years they'll be offering over 600K per year for US pilots. A lot of our newer pilots on the bottom half of our list will early out their last few years for one these Chinese gigs for the money. That will create even more pilot hiring.
The conditions I speak of have never been present ever before in this industry. We are on the cusp of a global pilot shortage the likes of which we have never seen before.
China will be growing from a relatively small pilot size to over 225,000 pilots over next 20 years with little or no infrastructure to train their own pilots. At present they are offering 300K for expat contract jobs with two weeks on and two weeks off with positive space travel back and forth to US every month.
I predict in ten years they'll be offering over 600K per year for US pilots. A lot of our newer pilots on the bottom half of our list will early out their last few years for one these Chinese gigs for the money. That will create even more pilot hiring.
The conditions I speak of have never been present ever before in this industry. We are on the cusp of a global pilot shortage the likes of which we have never seen before.
Thread
Thread Starter
Forum
Replies
Last Post
