Hangry wrote: ↑
Mon Nov 04, 2019 8:27 am
Transonic wrote: ↑
Mon Nov 04, 2019 8:16 am
Oxi wrote: ↑
Sun Nov 03, 2019 4:18 pm
YYC-FCO... the money maker
It’s kind of like YYC-DUB, which this summer was half filled with Americans from the West Coast USA.
The US3 are not pleased seeing AC/RV pull their passengers out of the USA and send them overseas. Canadian Airlines have a wage and currency advantage.
With the WS/DL JV, Delta will now have its competitive response to AC’s recent growth and the low fares that enabled it.
And WestJet still has a 10-20% cost advantage over AC.
Kind of like how WJ pays NB wages on the 87.
I am not certain where this statement is coming from. If you are referring only to AC/WS WB rates versus U.S. carriers, what you are saying is correct. The rates have a lot of catching up to do v. United/Delta/American.
However, it seems you are making that statement doing a comparison of AC to WS. If that is the case, the numbers do no back up your statement. AC 787 captain present day/night blended rate is $274.71. Add 10.5% (CWIPP TB company % given to pilots) to that and total hourly compensation for the 787 at AC is $303.55. The AC 767 total comp rate with (hourly and TB company portion) is $279.37. Now the DB plan would be superior, but that is a past service benefit that is not available to new-hires, so it is not included here.
WS compensation on Jan.1/2020 on the 767/787 is as follows: Hourly rate of $247.06. Add 20% to this for the WestJet saving plan/pension plan. The pilots aren't certain what that will look like, but negotiations are ongoing. The value will be the same as it is now, so the total hourly compensation will be static.
$247.06 + 20%= $296.47
So the total hourly compensation (hourly rate plus pension/espp) for AC and WS are as follows as of Jan.1/2020-
WS 787- $296.47
*These numbers to not include profit share (which comes and goes), stock options (which has been substantial for WJ pilots recently), AC esop (which is not near as popular as the WS ESPP) override pay (which AC has and WJ does not).*
As I said, if one is to bring in the American comparators, all of the above numbers are disgraceful. We as Canadian pilots can look at all of ourselves in the mirror as to why we find ourselves where we do. When comparing AC numbers in 1998 to Delta 1998, they were equal.
But to say that WS pilots are being paid like narrowbody pilots versus AC WB pilots, this is patently false.
For the record, I would presently always recommend a younger (35 and under?) pilot go to AC over WS right now due to the demographic shift occurring at AC right now. Rouge also isn't a terrible place to be while waiting for your relative seniority to build on Mainline AC metal. Now WS on the other hand..... at present the upgrades are quite a bit longer than AC, and WS pilots have to deal with what could be deemed the "swamp" that is Swoop. I call it a swamp because no one knows what it may do to your career earnings, progression etc. on the WJ seniority list. You may sink into the "swamp" or you may be able to swim through it. We shall see what the future holds when Onex comes in. Will Swoop survive? Big WB order? Big A220 or EMB 175 order? All TBD. Look at the Frontier CBA or the recent Spirit Airbus order. Things change in this industry on a dime.