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Old 9th November 2005 | 14:31
  #17 (permalink)  
bafanguy
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Joined: Feb 2004
: ATPL
Posts: 3,689
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From: USA
I'm not too sure about the advantage to being the "...best-paid pilots in the industry...". Perhaps one should strive to be the "...longest, most consistently paid...". After all, a career is a marathon, not a sprint.

I used to work for a major US carrier that was widely acknowledged as the best paid in the industry. Now they are in bankruptcy, I've lost a portion of my retirement income with the rest go shortly, and the pilots still working are facing a 50% cut in those previously industry-leading payrates and the loss of their retirements also.

Did the high payrates contribute to this predicament ? Probably to a degree, but they're not the sole cause, but a part of the problem.

This is the "bottle rocket effect"...lots of flash and speed in the short term, followed by a burnout and crash to earth from high altitude. Maybe a "sparkler" would've been wiser.
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