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12-28-2014, 06:49 PM
#6381
Gets Weekends Off
Joined APC: Oct 2011
Position: Taco Rocket Operator
Posts: 2,485
What's the commute like from OKC? Everyone goes to IAD initially, right? What base should I try to get to minimize the commute?
If I'm going to live in OKC, would I be better off at Envoy, Mesa, or ExpressJet instead of TSA?
If it matters, I'm prior military with 1800+ TT and 1500+ PIC but only 50 hours multi engine. My goal is to move to a legacy as quickly as possible, and AA would be my first choice, because I want to live in OKC.
If I'm going to live in OKC, would I be better off at Envoy, Mesa, or ExpressJet instead of TSA?
If it matters, I'm prior military with 1800+ TT and 1500+ PIC but only 50 hours multi engine. My goal is to move to a legacy as quickly as possible, and AA would be my first choice, because I want to live in OKC.
12-28-2014, 06:51 PM
#6382
Gets Weekends Off
Joined APC: Oct 2011
Position: Taco Rocket Operator
Posts: 2,485
12-28-2014, 06:52 PM
#6383
Gets Weekends Off
Joined APC: Oct 2011
Position: Taco Rocket Operator
Posts: 2,485
12-28-2014, 06:54 PM
#6384
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Joined APC: Oct 2011
Position: Taco Rocket Operator
Posts: 2,485
Why not SWA? I think they own the place. Have you tried a major? Had a buddy that retired from the Marines with 80 multi in the Buckeye and got on with SWA last fall....
12-28-2014, 06:59 PM
#6385
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Joined APC: Oct 2011
Position: Taco Rocket Operator
Posts: 2,485
I'll bite. I ran some quick numbers in Excel (being home sick over christmas is awesome .. not!) to compare TSA's 401(k) with Air Wisconsin's. I used several assumptions which are not all 100% accurate but are close enough to illustrate the difference a few percent makes. I assumed the following:
- Two theoretical pilots work at TSA and AW for 35 years each (lifers)
- Pay rates were taken directly from APC, no raises (or concessions) are assumed
- AW's 401(k) is a 1-for-1 match up to 5% plus a 3% defined contribution
- TSA's 401(k) is a 0.5-for-1 match up to 4% after year one and up to 6% after year four.
- Each pilot contributes enough to max out his company match - no more, no less
- The Air Wisconsin pilot upgrades at year four, the TSA pilot upgrades after one year.
- Each pilot credits exactly 75 hours per month for his entire career
- Each pilot sees a 7% annual return
- Contributions and returns are compounded annually for simplicity's sake.
Based on these assumptions, at retirement the TSA pilot's 401(k) account would have a balance of about $887,000. The Air Wisconsin Pilot's 401(k) would have a balance of about $1,387,000. That's a difference of about $500,000 just based on a few percentage points of 401(k) match.
- Two theoretical pilots work at TSA and AW for 35 years each (lifers)
- Pay rates were taken directly from APC, no raises (or concessions) are assumed
- AW's 401(k) is a 1-for-1 match up to 5% plus a 3% defined contribution
- TSA's 401(k) is a 0.5-for-1 match up to 4% after year one and up to 6% after year four.
- Each pilot contributes enough to max out his company match - no more, no less
- The Air Wisconsin pilot upgrades at year four, the TSA pilot upgrades after one year.
- Each pilot credits exactly 75 hours per month for his entire career
- Each pilot sees a 7% annual return
- Contributions and returns are compounded annually for simplicity's sake.
Based on these assumptions, at retirement the TSA pilot's 401(k) account would have a balance of about $887,000. The Air Wisconsin Pilot's 401(k) would have a balance of about $1,387,000. That's a difference of about $500,000 just based on a few percentage points of 401(k) match.
12-28-2014, 07:01 PM
#6386
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Joined APC: Oct 2011
Position: Taco Rocket Operator
Posts: 2,485
He's getting flak because he doesn't work at, nor does he have any interest working at either place. Its wierd.
12-28-2014, 07:10 PM
#6387
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Joined APC: Jan 2014
Posts: 219
I know a guy that works for us and lives in OKC. He commuted to IAD for a while then moved to ORD. Talked to him a couple of weeks ago and he said the commutes out of DEN will be better. There is a dircect flight to IAD. If you are not here yet you should be able to get DEN out of training easy.
12-28-2014, 07:26 PM
#6389
Gets Weekends Off
Joined APC: Oct 2013
Posts: 456
Quick question are you current? If not you have your choice of regionals to go to. You being military I would bet you will not last a year at a Regional before a Major calls you. Good luck you have a lot of options.
12-28-2014, 07:49 PM
#6390
Gets Weekends Off
Joined APC: Oct 2011
Position: Taco Rocket Operator
Posts: 2,485
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