EyeInTheSky
Veteran
( Moderator edited) JetBlue today announced the following rates for their Embraer aircraft. Yes, it's a race to the bottom on how low airline employee pay is to go. It's sad that these management guys are gloating about this. How pathetic!
http://www.atwonline.com/indexfull.cfm?newsid=4338
JetBlue achieves ultra-competitive pilot pay on Embraer 190s
Dateline: Friday July 09, 2004
JetBlue Airways' 100-seat Embraer 190s, which begin arriving next year, "will offer better cockpit/seat economics" than larger Frontier Airlines A319s, AirTran 717s and Southwest Airlines 737s, according to JP Morgan analyst Jamie Baker.
In a report released yesterday, Baker said that three-year seniority rates for JetBlue 190 captains will be $74 per hour, or $80 when adjusted for overtime. A 12-year captain on a JetBlue 190 will earn $96 including overtime, representing "a 33%" cost-per-seat advantage versus Southwest's 137-seat aircraft when adjusted for planned pilot pay increases at Southwest.
"Whereas airline pilots typically get paid more as aircraft size increases, JetBlue has established its 100-seat pay scale below that of certain 70-seat operators, an obvious competitive disadvantage for the Regional airline sector, at least initially," Baker stated.
Pay rates also will pressure regional jet operators. For example, a three-year captain on a 70-seat CRJ700 flying for Comair, a Delta Air Lines subsidiary, earns $74 per hour while captains on Horizon Air CRJ700s earn $75. According to Baker, American Airlines "would require a 757…to approach JetBlue's cockpit/seat economics" based on planned third-quarter 2005 AA pay rates.--Perry Flint
http://www.atwonline.com/indexfull.cfm?newsid=4338
JetBlue achieves ultra-competitive pilot pay on Embraer 190s
Dateline: Friday July 09, 2004
JetBlue Airways' 100-seat Embraer 190s, which begin arriving next year, "will offer better cockpit/seat economics" than larger Frontier Airlines A319s, AirTran 717s and Southwest Airlines 737s, according to JP Morgan analyst Jamie Baker.
In a report released yesterday, Baker said that three-year seniority rates for JetBlue 190 captains will be $74 per hour, or $80 when adjusted for overtime. A 12-year captain on a JetBlue 190 will earn $96 including overtime, representing "a 33%" cost-per-seat advantage versus Southwest's 137-seat aircraft when adjusted for planned pilot pay increases at Southwest.
"Whereas airline pilots typically get paid more as aircraft size increases, JetBlue has established its 100-seat pay scale below that of certain 70-seat operators, an obvious competitive disadvantage for the Regional airline sector, at least initially," Baker stated.
Pay rates also will pressure regional jet operators. For example, a three-year captain on a 70-seat CRJ700 flying for Comair, a Delta Air Lines subsidiary, earns $74 per hour while captains on Horizon Air CRJ700s earn $75. According to Baker, American Airlines "would require a 757…to approach JetBlue's cockpit/seat economics" based on planned third-quarter 2005 AA pay rates.--Perry Flint
