Pilot Pay In 2000

Dizel8

Senior
Sep 9, 2002
498
0
Just curious, if the additional pay cut of 35 percent goes through, how much has the pilots given, hourly, as compared to 2000?

Anyone got the old scale or remember the numbers?

Lets not get into whether pilots are overpaid busdrivers or not. It has been done to death and is really not relevant.
 
Taking the example of a US Airways B757 Captain at the max pay rate:

From 1/1/96 through 4/30/01, his salary was $184.23 per hour.

On 5/1/01, he received a "parity adjustment" of approximately 17%, and his salary was $215.53 per hour.

On 5/1/02, he received another parity adjustment of roughly 16.1%, and his salary was $250.17 per hour.

That didn't last long ...

On 7/1/02, the two parity adjustments were dialed back in the restructuring agreement, so his salary was again $184.23 per hour.

The new TA that took effect on 1/1/03 reduced his pay by 8%, so his salary was $169.49.

The new TA had a 1% raise built in on 5/1/03, so his rate became $171.19.

On 1/1/04, the new TA rate was to be only 6.5% below the restructuring agreement rate (versus 8% below restructuring agreement as of 1/1/03), so the rate bumped up to $173.98.

On 5/1/04, the TA included a 1% raise, so the rate is now $175.72.

Got all that?

Now, by my calculations, a 35% cut off of that would take the rate down to $114.22.

Versus 2000, the pilot will have given up 38%.

However, versus 5/1/01 through 4/30/02, he will have given up 47%.

And, versus 5/1/02 through 6/30/02 - the two glorious months that both parity adjustments were in effect - he will have given up fully 54.3% of his pay.

Ouch.
 
And the workrules that were given up.

I don't know about the 757 folks, but the vacation and workrule changes result in 3-4 days more on average per month for the same flying hours for me.

Jim
 
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