Originally Posted by 4engines4longhaul
(Post 10268661)
Risky Bis Year 1 F/O starts on £74000 and rises through 16 increments to £101000 Year 1 Capt starts on £121000 and rises through 14 increments to £163000 Plus extra working/overtime/day off payments etc for those that way inclined Might be wrong but think current deal runs until Autumn 2019 Y1 FO £4,244.96 a month Y1 Capt £6,166.62 a month Y16 FO £5,533.30 a month So after 16 years you get a command and hey ho another 600/month. Just Saying ! Top Captain Pay, after around 25-30 years service = 8,100 Y1 China contract Capt take home £19500/ month . And rising . UK Pay is pathetic. The airlines rely on the love of flying being paramount. Branson's not filthy rich for being stupid . Willy Walsh has sussed it too. Offer the world. But not the pay. |
Originally Posted by The Crew
(Post 10292297)
Take home Pay , assuming UK tax
Y1 FO £4,244.96 a month Y1 Capt £6,166.62 a month Y16 FO £5,533.30 a month So after 16 years you get a command and hey ho another 600/month. Just Saying ! Top Captain Pay, after around 25-30 years service = 8,100 Y1 China contract Capt take home £19500/ month . And rising . UK Pay is pathetic. The airlines rely on the love of flying being paramount. Branson's not filthy rich for being stupid . Willy Walsh has sussed it too. Offer the world. But not the pay. But there is a reason for the high pay in China ...... good luck calling in fatigued I understand the problem , it’s the same in BA also |
Yep, salaries in China are going through the roof, but one has to ask the question why that is ? You are quite right “The Crew” when you quote net UK salary but that is not Virgin’s fault that we are so heavily taxed, and one has to put the package into context. Does a China contract provide for any pension/LOL/Healthcare/Death in Service/PHI etc ? I might be wrong but I understand you have to self fund this. At the top of the Virgin tree a year 14 Captain and TRE is on about £185000. The company put 15% of this towards a pension which is £27000 a year. I would hazard a guess that to self fund the other benefits would be in the region of another £10000 a year which is about £225000 a year which is £18000 a month approx. Just because the F/O pay scales go up to year 16 does not mean anyone will reach that. Commands have never been more than 13 years and now trickling towards the year 9 mark and will be at about year 8 very soon I reckon. The retirement bulge is already starting and company figures have to naturally be based on everyone leaving at 65, wheras most will leave before that. Is it all a bed of roses here ? No, it is not, but what we have we will fight to maintain, including the golden egg of 750 hours. £19000 a month to work in China ? Personally I would want a lot more than that. In fact I would not work there for all the tea in China |
Emails are being sent out to hold poolers about Airbus CCQ start dates in March. Any recipients?
|
Nothing here,
I believe the person who sends out the emails is now on leave for a couple if weeks as of yesterday so I'm not expecting to hear anything until at least mid next month. happy to be corrected though! |
Nothing here
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Originally Posted by 4engines4longhaul
(Post 10293021)
Yep, salaries in China are going through the roof, but one has to ask the question why that is ? You are quite right “The Crew” when you quote net UK salary but that is not Virgin’s fault that we are so heavily taxed, and one has to put the package into context. Does a China contract provide for any pension/LOL/Healthcare/Death in Service/PHI etc ? I might be wrong but I understand you have to self fund this. At the top of the Virgin tree a year 14 Captain and TRE is on about £185000. The company put 15% of this towards a pension which is £27000 a year. I would hazard a guess that to self fund the other benefits would be in the region of another £10000 a year which is about £225000 a year which is £18000 a month approx. Just because the F/O pay scales go up to year 16 does not mean anyone will reach that. Commands have never been more than 13 years and now trickling towards the year 9 mark and will be at about year 8 very soon I reckon. The retirement bulge is already starting and company figures have to naturally be based on everyone leaving at 65, wheras most will leave before that. Is it all a bed of roses here ? No, it is not, but what we have we will fight to maintain, including the golden egg of 750 hours. £19000 a month to work in China ? Personally I would want a lot more than that. In fact I would not work there for all the tea in China Yes. Great package. Bloomin marvellous. But is it sustainable for an airline that makes absolutely no money? VA only exist for political reasons. No way Delta will continue to feeding the dead donkey unless it suits and that could change as quick as the wind. |
By the looks of it , Virgin has never really made that much ever . I’m sure there is a reason for that (probably as a tax haven) |
I just ran a reverse tax calculation . To take home £19000 / month , in the UK you would have to earn £410,000 per year. No commercial pilot in a brit airline earns this amount . Managers... yea you bet . The point is a junior captain from easyjet , with 500 hours and around 7 years from their ab initio training can relocate to Beijing & be taking home £ 19000 per month. Yes you live in china but wow , after 5 yrs come back and join Virgin. The money won’t have changed one bit ! |
All the money in the world won't cover up being fined for missing block time, unstable approaches and being spat at by a chain smoking Chinese captain I suspect... Plus all that time away from family
I have a name for someone who takes money for doing something they really don't want to do. Life is too short. |
Any news from anyone else in the airbus holdpool? Been swimming for a few months and no call yet |
Originally Posted by zero/zero
(Post 10311762)
Or anyone who applied for the recent Boeing TR’d campaign heard anything yet? Even PFO’s? A friend of mine said he got a rejection letter some time back. |
Originally Posted by TRY2FLY
(Post 10351497)
A friend of mine said he got a rejection letter some time back. |
Airbus start dates for April have been sent out the last few weeks. I believe they're running a330 courses from January to May. That could be it for Airbus for now. Now sure about Boeing.
|
Originally Posted by zero/zero
(Post 10351513)
Interesting, have heard neither good nor bad. Would rather just know one way or another So after 2-3 months since applying, I am thinking it’s unlikely we’ll be invited to interview, maybe keeping us on file as a backup? But could be wrong. |
I’d heard rumours in years gone by that VS was going to reduce the hours required to 1500, down from 2500... is that firmly a rumour mill product or is there any truth in it? |
Originally Posted by Busdriver01
(Post 10359669)
I’d heard rumours in years gone by that VS was going to reduce the hours required to 1500, down from 2500... is that firmly a rumour mill product or is there any truth in it? |
Originally Posted by Riskybis
(Post 10360001)
havent heard any truth regarding the matter , one of the great things I have noticed over my very short time of being here is how relaxed the operation is . It’s probably got to do with the experience, as most guys that join have had a couple of years under the belt . So when a skipper sees a 2 stripper they don’t have to panic |
The Crew So after 16 years you get a command and hey ho another 600/month. Just Saying ! |
Originally Posted by Busdriver01
(Post 10360419)
makes sense - I imagine they get enough applications as it is without lowering the requirements! Would you say most have more than the required 2500? |
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