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In demographics is destiny.
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Originally Posted by Tankengine
(Post 10154587)
Not everyone will go to 60. 747 retirement will tempt some to leave early. |
Only if there is a package on offer. What will be interesting is if the A380 loses some of the high-value (overtime) flying between now and then or soon after. The Melbourne base has already seen a substantial decrease in this flying with the loss of DXB-LHR. There is certainly still plenty there for the senior pilots in each rank but for those migrating from the 744 who'll be relatively junior, a move to the 787 may be financially equivalent - and it's a Boeing! |
Originally Posted by C441
(Post 10155387)
According to those who should know, the company are adamant that there will be no VR package offered at the end of the 744's life.
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Company Thought Bubble: Send any who can displace to the A380, but don’t displace. Carry a surplus which pushes the divisor down to 160 for many years. Those pilots reaching the MRA will then retire based on 160 hours instead of 180 based on their last 3 bid periods. I don’t know what the money difference would be. Calling their bluff? I can’t see them displacing anybody. But I guess there is no guarantee that divisors will stay high on the 747. |
The ROSO on a training course I think is generally considered to be about two years. Rather than offering a VR package of X weeks per year worked the company may better off offering a flat fee of about a couple of hundred K with associated VR tax concessions. That’d be a win/ win I reckon and would probably save some double training over a period of a couple of years.
I guess we will know more when the company puts out the plan regarding the retirement of aeroplanes and it’s impact on 744 pilot numbers. |
What’s a divisor? |
Originally Posted by framer
(Post 10155430)
What’s a divisor? |
Originally Posted by mrdeux
(Post 10155331)
Only if there is a package on offer. Otherwise they may as well push on to the 380...if only to stir the pot.
A package might be cheaper. ;) |
Usually the target for the roster build... Ie. 160-180 credits per 8 week roster
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Originally Posted by SandyPalms
(Post 10155400)
Company Thought Bubble: Send any who can displace to the A380, but don’t displace. Carry a surplus which pushes the divisor down to 160 for many years. Those pilots reaching the MRA will then retire based on 160 hours instead of 180 based on their last 3 bid periods. I don’t know what the money difference would be. |
Originally Posted by framer
(Post 10155430)
What’s a divisor? |
Maybe. But like the book War and Peace, it serves a pretty useful purpose. |
Originally Posted by AerocatS2A
(Post 10155640)
You should have a read of their agreement, it's like War and Peace!
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Tankengine, QSL defined benefit super is based on a pilot’s final average salary. Lower final average salary = less super. So if pilots are working the minimum, rather than the maximum number of hours = less super. |
Of the EA? Yeah, it has some signatures on it. Best reading in the whole document. I’ll give you a tip too, the last paragraph of War and Peace bears a striking resemblance to the state of mind it has been necessary to maintain for the last 10+ years.
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Originally Posted by *Lancer*
(Post 10156180)
Tankengine, QSL defined benefit super is based on a pilot’s final average salary. Lower final average salary = less super. So if pilots are working the minimum, rather than the maximum number of hours = less super. |
Originally Posted by DirectAnywhere
(Post 10156184)
the last paragraph of War and Peace bears a striking resemblance to the state of mind it has been necessary to maintain for the last 10+ years.
:) |
Originally Posted by *Lancer*
(Post 10156180)
Tankengine, QSL defined benefit super is based on a pilot’s final average salary. Lower final average salary = less super. So if pilots are working the minimum, rather than the maximum number of hours = less super. For div 1 and 2 it is 132hrs per bid period, I think 170hrs for Div3. |
Fair enough. That may make displacements more likely then.
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