Virgin Australia to become more like Virgin America?
The highest paid pilot in a renegotiate agreement in 2013 got paid about 127K for 75 hour guarantee as a Captain. They used sliding scales with years of service so it is all downhill from there. First year Captain made around 101k. And that was 7 years after they first started. 2nd Year FO made 63K. It's all by the hour so it would depend on how many hours you flew over 75. Either way you wouldn't be living anywhere near San Francisco on that money at the time
Uhhh ...... No.
Here’s the ALPA Contract Comparison prepared by their Economic and Financial Analysis Department. (Dated Jan 2015).
On page 8 you’ll find a graph showing a rate of $189.00 (US) per hour. On a very conservative average of 1000 pay hours a year (including vacation & training). That’s $189K (US) per year for a Captain. Or $260K (Aust) per year at the exchange rates Dec 2015. Not great money by any means, but they were a new entrant and still making their bones.
Reference:
http://www3.alpa.org/portals/alpa/je...rch%202015.pdf
Good luck to all Virgin Australia pilots and employees. Hope it works out.
The highest paid pilot in a renegotiate agreement in 2013 got paid about 127K for 75 hour guarantee as a Captain. They used sliding scales with years of service so it is all downhill from there. First year Captain made around 101k. And that was 7 years after they first started. 2nd Year FO made 63K. It's all by the hour so it would depend on how many hours you flew over 75. Either way you wouldn't be living anywhere near San Francisco on that money at the time
Maybe 80 hours stick per month, throw in some premium pay and a little soft credit also.
And at 75 hours min credit with FLICA pref bid, it was reasonably easy to complete the months allocation in 11-12 days in the top half of the list.
Made for an easily commutable roster to anywhere in the world.
VX was a good airline and a reasonable place to work as a pilot and no skipper was being paid anywhere as low as 85K.
Last edited by oicur12.again; 16th Jun 2020 at 23:08.
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With thousands of pilots out of work it won’t take long to find another, just look to your left or right yep the ones you called your friends as they’ll take it in a heartbeat. Seen it all before people fact not fiction
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thats an easy reply as I work there - We won’t have a say in the matter otherwise the new owners will not renew your contract/EBA. It’s 1989 all over again, haven’t you people learnt anything?
With thousands of pilots out of work it won’t take long to find another, just look to your left or right yep the ones you called your friends as they’ll take it in a heartbeat. Seen it all before people fact not fiction
With thousands of pilots out of work it won’t take long to find another, just look to your left or right yep the ones you called your friends as they’ll take it in a heartbeat. Seen it all before people fact not fiction
I know I would.
Not sure of the situation out there, but here in the states I'm unaware of *any* time in aviation's history where concessions saved even one job, let alone the airline. And when the airline is back to making record profits, the pilots have to fight tooth and nail to get even a portion of those concessions back. Yeah, no thanks.
No mention of how they will operate in a recession. They make it look like they will just pick up where they left it in March. If one of the strategies is to talk about a deep focus on culture of the company then the game of BS bingo has already started.
thats only what’s gleamed from the first line of the graphic.
now add in all the secret squirrel stuff that’s not being released due NDAs yet.
but yes, apart from that, sounds exactly the same as March.
I agree VARA is a sale target, not a bad thing really. Would be crazy to shut down a busy and profitable business unit. The disruption to mines would be a threat which may even involve the WA government?
Talk around the traps is Cyrus being the preferred purchaser by all concerned. No one thinks Bain will be anointed by the administrator. This could all become unstuck if Bain offer more dollars. The unions will be disappointed.
In that infographic that states Cyrus would operate a "slightly bigger fleet to start with", I assume that's slightly bigger than the fleet size Bain were proposing? I doubt it would be slightly bigger than the current VA fleet.
If they time it well they could snatch a significant market share from right under Alans nose. Their timing would have to be next to perfect though...
In that infographic that states Cyrus would operate a "slightly bigger fleet to start with", I assume that's slightly bigger than the fleet size Bain were proposing? I doubt it would be slightly bigger than the current VA fleet.
We've already lost 23% of our pilots and the big axe hasn't fallen yet.
If they time it well they could snatch a significant market share from right under Alans nose.
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Jetstar are on the front foot releasing July schedule today alongside a full suite of new pricing. Appears all bases are kickstarting and all routes. Going in pretty hard.
QF wouldn’t be far behind.
QF wouldn’t be far behind.
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Not quite all. 3 Out of 7 bases are opening and some associated routes from said bases.
Word is that they are desperately scrounging around for financing partners. Apparently not everyone with money is as bullish on their market assessments and proposed business model as they are. "That's what you said about Flybe." is said to be a commonly repeated response to their advances.
Last edited by MickG0105; 19th Jun 2020 at 05:48. Reason: Grammar tidy up