jetcareers - View Single Post - NW + DL Merger Mania Update... A little birdy tells me

Capt. Caucasian · February 28th, 2008, 00:04

Actually, I would argue that wages are artificially low. In the mid '80s a narrow body captain made about 150k. That wage adjusted for COLA would be around 250k today.

Airlines will always pay the absolute lowest they possibly can. Even if it means crying poor even though the managers give themselves bonuses.

Too many external forces (management tactics, RLA, NMB, DOJ, DOL, Congress, White House, ATA, ALPA, APA, SWAPA, NPA, IPA, FAA, NTSB, JAA, IFALPA, RAA and so on and so on...) control our fates. The theories of classic economics just don't work here. BTW, I have a degree in finance with a minor in accounting. Nothing that I learned in school seems to apply either.

February 28th, 2008, 00:04	#48
Capt. Caucasian Junior Member Join Date: Jan 2008 Location: Newnan Posts: 166	Re: NW + DL Merger Mania Update... A little birdy tells me Actually, I would argue that wages are artificially low. In the mid '80s a narrow body captain made about 150k. That wage adjusted for COLA would be around 250k today. Airlines will always pay the absolute lowest they possibly can. Even if it means crying poor even though the managers give themselves bonuses. Too many external forces (management tactics, RLA, NMB, DOJ, DOL, Congress, White House, ATA, ALPA, APA, SWAPA, NPA, IPA, FAA, NTSB, JAA, IFALPA, RAA and so on and so on...) control our fates. The theories of classic economics just don't work here. BTW, I have a degree in finance with a minor in accounting. Nothing that I learned in school seems to apply either.