UPS tops career earnings estimate
07-21-2024, 05:45 PM
#1
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UPS tops career earnings estimate
Source: KitDarby.com
2024 Major Airline Career Average Values Exceed $18,000,000! Average hours per month 11 years to Captain No premium pay No extra flying No Profit Sharing which averages 5% 5% interest return on the B-fund/401-k funds No future increases- current or future contract - in 2024 dollars Aircraft based on current fleet. No new contracts yet at Allegiant, FedEx, or Frontier Weighted average: Based on the number of pilots at each airline average exceeds $21M meaning bigger airline have higher career values.Top airline is UPS with a 35 year career value of $23M.
I don’t know exactly how he made the calculation, but thought it was interesting.
2024 Major Airline Career Average Values Exceed $18,000,000! Average hours per month 11 years to Captain No premium pay No extra flying No Profit Sharing which averages 5% 5% interest return on the B-fund/401-k funds No future increases- current or future contract - in 2024 dollars Aircraft based on current fleet. No new contracts yet at Allegiant, FedEx, or Frontier Weighted average: Based on the number of pilots at each airline average exceeds $21M meaning bigger airline have higher career values.Top airline is UPS with a 35 year career value of $23M.
I don’t know exactly how he made the calculation, but thought it was interesting.
07-22-2024, 05:44 AM
#2
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Source: KitDarby.com
2024 Major Airline Career Average Values Exceed $18,000,000! Average hours per month 11 years to Captain No premium pay No extra flying No Profit Sharing which averages 5% 5% interest return on the B-fund/401-k funds No future increases- current or future contract - in 2024 dollars Aircraft based on current fleet. No new contracts yet at Allegiant, FedEx, or Frontier Weighted average: Based on the number of pilots at each airline average exceeds $21M meaning bigger airline have higher career values.Top airline is UPS with a 35 year career value of $23M.
I don’t know exactly how he made the calculation, but thought it was interesting.
2024 Major Airline Career Average Values Exceed $18,000,000! Average hours per month 11 years to Captain No premium pay No extra flying No Profit Sharing which averages 5% 5% interest return on the B-fund/401-k funds No future increases- current or future contract - in 2024 dollars Aircraft based on current fleet. No new contracts yet at Allegiant, FedEx, or Frontier Weighted average: Based on the number of pilots at each airline average exceeds $21M meaning bigger airline have higher career values.Top airline is UPS with a 35 year career value of $23M.
I don’t know exactly how he made the calculation, but thought it was interesting.
07-22-2024, 07:06 AM
#3
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That said, I do think the long term personal financial impacts of contract differences (pension & B plan vs bigger B plan, single pay band vs multiple pay bands, work rules, etc.) is both interesting to inform contract improvements and career planning for new guys.
07-22-2024, 08:04 AM
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07-22-2024, 08:10 AM
#6
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I pulled it from one of his posts on LinkedIn.
https://www.linkedin.com/feed/update...70356184567808
https://www.linkedin.com/feed/update...70356184567808
07-22-2024, 12:44 PM
#9
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Source: KitDarby.com
2024 Major Airline Career Average Values Exceed $18,000,000! Average hours per month 11 years to Captain No premium pay No extra flying No Profit Sharing which averages 5% 5% interest return on the B-fund/401-k funds No future increases- current or future contract - in 2024 dollars Aircraft based on current fleet. No new contracts yet at Allegiant, FedEx, or Frontier Weighted average: Based on the number of pilots at each airline average exceeds $21M meaning bigger airline have higher career values.Top airline is UPS with a 35 year career value of $23M.
I don’t know exactly how he made the calculation, but thought it was interesting.
2024 Major Airline Career Average Values Exceed $18,000,000! Average hours per month 11 years to Captain No premium pay No extra flying No Profit Sharing which averages 5% 5% interest return on the B-fund/401-k funds No future increases- current or future contract - in 2024 dollars Aircraft based on current fleet. No new contracts yet at Allegiant, FedEx, or Frontier Weighted average: Based on the number of pilots at each airline average exceeds $21M meaning bigger airline have higher career values.Top airline is UPS with a 35 year career value of $23M.
I don’t know exactly how he made the calculation, but thought it was interesting.
07-22-2024, 05:38 PM
#10
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Wouldn't be surprised if this article was *created for* our negotiations, "interesting" assumptions and all. "Look at these greedy, underworked, overpaid pilots! Top of the pile, and they dare ask for MORE!"
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