Originally Posted by
kingpost
EKonomics 101 - the new guys probably cost more than the old timers. How, well consider a new pilot joining that has 3 kids, his total cost to the company is way more than a 20 year Capt with grown up kids!!! So why would you want the experience guys to leave and expose your risk!!
Exactly!! A first year Captain's salary vs a 10 year Captain's salary is not that much different (sadly), and the bonus to the company (besides having crew who actually have some experience...) is no more School fees, bus fees, and medical coverage for the pilot with graduated-and -gone kids .