Originally Posted by
hans brinker
If he gets 100hrs credit every month at $352, add 16% DC (pension plan) and add 8% PS:
1200 x 352 = $422.400
DC @ 16% = $67.584
PS @ 8% = $33.792
total $522K
That would require 30+ years at the company, because he is a senior WB captain at a legacy, but definitely possible, and that is without any premium flying (200%), last year DL was short in the A350 captain category, and a few made close to a million.
On the other hand, when Sully got his AMES rating he made $125/hr as an 18(?) rear captain at UsAir after the bankruptcy took more than half their pay and most of their pension, and many got furloughed for a decade.
The highs are high, the lows are low....
For another perspective, I am a captain at an ULCC, been there 6 years, work 15 days average (normal schedule), blocked about 800hrs, not much premium. Including company pension contribution I made $270K.
Thanks for that, got it now. Didn’t realise the vacation months would still get 100hrs credit.
A UK easyJet captain of six years service like yourself would be grossing around £135000 plus a measly 7% company pension. Estimate an overall 38% tax rate. Different world eh!