Frazzled.
Those are accurate numbers from DirectAnywhere, but I'll just tweak them a little. Last April the REXPC (pilot comittee) crunched the numbers for a 40% payrise. Cost, $7.5 Mil P/A. Popular thinking was that if structured as a 12 monthly retention bonus, $30K P/A for Captains, and $18K P/A for F/O's, then it could be fully funded by a ticket levy of approx $6.25 without the need to directly affect profits. REX management made every excuse under the sun, but the reality is that they simply could not get their heads around paying their pilots more. and they still can't!
10 months later REX has seen a pilot attrition rate of 60%, including many senior Captains. Indications are that the next 12 months will see a similar level of bloodletting. If that happens then REX is screwed!
Unfortunately, the race out the door has gained considerable momentum. There are many who doubt that the 40% will now cut it. To fund a payrise and retention scheme similar to that proposed by Surveillance Australia, a ticket levy of approx $15 would be required.
Sadly it is what's now probably needed to save the current situation.
Wait a minute. I've said this before..... $15 a ticket or Collapse? Decisions, decisions?????
Gidday Spanwise.
Getting monotonous isn't it. The thread is titled Rex Cancels More Flights. The reason that flights are being cancelled is because pilots have left and are continuing to leave in droves to pursue better Pay, and usually better Conditions!
Go figure eh!