REX to transition to ATRs, start domestic jet ops

[Deano969]

Originally Posted by Ladloy

Deano will correct me if I'm wrong, but they're past halfway in their convertible shares, so less than 70 mil to tap into. 2 years if PAG decide they hate money

The $150 million was always there to be used

[PoppaJo]

Once the cash is exhausted, I understand PAG get a 49% stake, plus one board seat.

[Ladloy]

Originally Posted by Deano969

The $150 million was always there to be used

I don't think it's being used the way they wanted it to be used though. You said it yourself, the expansion has slowed considerably.

[Wizofoz]

Originally Posted by Ladloy

I don't think it's being used the way they wanted it to be used though. You said it yourself, the expansion has slowed considerably.

Do you mean of the jet operation? Not really- it's going ahead as quickly as they can find frames and train crews- the aim was 10-11 frames this year- 8 and 9 arrive in the next few weeks.

[sandsthrudahrglass]

has a new 737 payscale come in???

[VH-RME]

Apparently EBA is in the works - anyone know anything more?

[MikeHatter732]

Looks like its in the queue at FWC waiting to be approved.

REX AIRLINES DOMESTIC PILOTS’ ENTERPRISE AGREEMENT 2022

[SHVC]

That’s bloody rough no pay rise for the first two yrs.

[Ladloy]

Originally Posted by SHVC

That’s bloody rough no pay rise for the first two yrs.

Don't act surprised. They're happy to fleece the kids of management pilots during their cadetship.

[Brakerider]

Originally Posted by MikeHatter732

Looks like its in the queue at FWC waiting to be approved.

REX AIRLINES DOMESTIC PILOTS’ ENTERPRISE AGREEMENT 2022

this is embarrassing money to fly a 70t jet. SAAB captains would be earning more.

[brokenagain]

It’s a disgrace that something like that gets voted up in the current climate. We really are our own worst enemy.

[MickG0105]

Originally Posted by Brakerider

this is embarrassing money to fly a 70t jet. SAAB captains would be earning more.

SAAB Captains aren't even close to that.


https://www.fwc.gov.au/document-sear...ent-relevance#

[transition_alt]

Originally Posted by MickG0105

SAAB Captains aren't even close to that.


https://www.fwc.gov.au/document-sear...ent-relevance#

I wouldn't be taking that as gospel. Saab captains are well and truly earning over $200k a year.

[43Inches]

Originally Posted by MickG0105

SAAB Captains aren't even close to that.


https://www.fwc.gov.au/document-sear...ent-relevance#

You can add $40k to a Captain who does the bare minimum per year and another $150k for those that ride the system and max out their overtime. I know people at Rex that have earned on both ends of that scale. Also those figures just increased by 4%.

[MickG0105]

Originally Posted by transition_alt

I wouldn't be taking that as gospel. Saab captains are well and truly earning over $200k a year.

How do they manage that under the current EBA?

​​Here's the schedule of additional allowances.

[43Inches]

Originally Posted by MickG0105

How do they manage that under the current EBA?

​​Here's the schedule of additional allowances.

You are missing the payments for reclaiming RDOs (13% per year)$13k-$18k, DTA up to $30k per year, meal allowances up to $5k per year, multiple extension, over CAO allowance, callouts, working from leave, etc etc all adds up way over $100k extra. That is what SAAB captains ARE earning, now the 737 crew hopefully have similar allowances netting them over that hopefully. Like I said before a savvy SAAB Captain can earn up to $150k extra above the base.

[MickG0105]

Then it sounds like comparing the $202K base for B737 Captains to the total take-home of $200+K for SAAB Captains isn't exactly apples and apples.

[43Inches]

Nothing is apples and apples, when you compare two companies, as the allowances and lifestyle clauses all make a big difference. No point saying you could earn $200k but everyones on 50% salary due to the company doing poorly. Or your base is $200k, but that includes everything, and someone on $150k base is earning $300k for the same workload. This is another area where Australians get smashed in industrial relations as the word 'package' does not figure, mostly just what is my salary. In the US the package is important, as you need good medical, leave and retirement clauses. Australia is really no different now, as you wont get pension until you are 70, and face it you wont live a lot longer than that after a life of shift work and solar radiation, so getting a lot of super is becoming more important. Even things like time to command are important as whats the point of comparing what an FO gets, if you will be a Captain in 4 years where at the other place it might be 20 years in the RH seat at 20% less than a Captain at the other....

Hence as I said in another thread a proper union should have package comparisons, so that you can compare the overall deal.

[smiling monkey]

Originally Posted by MikeHatter732

Looks like its in the queue at FWC waiting to be approved.

REX AIRLINES DOMESTIC PILOTS’ ENTERPRISE AGREEMENT 2022

On the FO side, JQ is only slightly better than Rex FO but Rex at least pays their FOs during training. Surely JQ boys and girls can match Rex's FO training pay at the next EBA negotiations?

[Seriously]

Those salaries are increased by 5.75% as per clause 40.2