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Originally Posted by ElyJs  I see the revenue point of view, but it makes me a little nervous to depend on the goodwill of management to share revenue with the pilots. It seems like the union negotiations have more ground to stand on. |
That's true. At least with a union negotiated CBA, you know what you're getting. Anything else is left to the whim and mercy of management. If you hit lean times, there's nothing preventing management from altering a profit sharing deal in order to "re-invest" that money in the airline (or management's pockets).
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In the end managements goal is to get customer from point A to point B for the lowest cost and highest price possible. What is stopping Virgin America from operating A320's and paying RJ wages? The only thing I can think of is fear of the pilots organizing. How many embry-riddle or ATP grads wouldn't go fly that A320 for RJ wages?
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That and no insurance company in their right minds would cover them with that lack of experience. What they might save in labor costs they'd lose several times over in insurance premiums assuming they could find a company that would give them hull coverage and liability insurance.
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In a business that exec is paid more because the experience he/she brings allows him to make more for the company. In the airline industry the 250 hour pilot flying the 737 produces the same amount of revenue as the 5,000 FO flying the 737. This is until he makes a smoking hole in the ground, then he costs a lot.
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Like I said. Lack of QUALIFIED pilots.....
I just finished up a trip with one of the CAs that does checkrides in the sim for both CAs and new hire FOs. He was telling me some of the stuff people bust their checkrides on and.....well, damn. Some of those guys I wonder how they got this far.