2nd Year 737 FO Last few months average out to ~$7,700 per month take home (not including REIP as I came from Encore). I very rarely pick up Open Time but do occasionally and also have a pairing finish after 2am the next day which triggers 4 credits of Premium, but most months in that average do no...

When comparing AC and WJ you should add 15% to AC pay due to company pension contribution and paid benefits (these never show up on a T4), it is probably more than 15% but it puts you in the ballpark. Whereas a WJ T4 is the all in price. For me, if i hear of a high paid WJ pilot, great, what is impo...

RRSP's do not equal DC. Very similar though. In a group rrsp if you put in 6% and the company puts in 12%, you pay tax on the company's contribution. In a DC if you put in 6% and the company puts in 12%, you pay NO tax on the company's contribution. -->This is why AC pilots net a lot more money than...

But this could increase company costs and create a need for even lower wages

You should be deported on behalf of all Canadian pilots.

It seemed like an OK product. I know it's all about $, so if Avsoft will end up being cheaper than paying a GS instructor it might win, but for me it was an ineffective way of learning.

The recently hired pilots holding their pensions in the DC plan could have their plans improved without government oversight as they appear to be excluded from these regulations. So I hope the union commits to bringing them up to the maximum contribution level i.e. 18% (pilot 6/Company 12). I thoug...

From AC's point of view it could make sense.
-Sell Jazz off in '06 for 1B.
-Rebuy Jazz in '13 for 300M.
Also Jazz makes like 100M a year off the CPA, AC could pocket that money annually.

AC has Jazz by the balls. That is not a good place to be.

Bus driver wages, ha. I already make less than a bus driver, I just have a better contract of which I pay dearly for.

This decision looks like really bad news for canadian pilots!

Really?
They are going to borrow Jazz a plane for the summer so Jazz can use it like a rental and return it?
Kinda nice kinda whatever

I love flying when I am on vacation too! I guess that's why I became a pilot.

I say vote Yes for below industry standard wages, high benefits, and 2nd class treatment to WestDad! That would be the smrt pilot thing to do. And I am sure our share price will sky rocket, I mean since WJ announced these plans yesterday the stock is down 1.5%. I think everyone will be millionaires ...

They know their guests don't like props, no one really does when giving the choice. And they would be forced to do a name change.... Maybe they'll get a deal from the Fed's if they buy Bombardier. Time will tell

Well yes and no, 2011 hasn't really seen plenty of retiring yet. So far this year Jazz has had 6 retirement's. It is true our boom is starting but it is going to be 10-20 guaranteed retirements per year for the next 5 years. Nothing like mainlines retirement boom.

So AC is asking Chorus to repay them 26M from 2010. AC is no longer happy with the current CPA markup that Jazz receives and they want to change it and have Chorus back pay them for the last two years (2011 repayment amount is still TBD). So as with everything at AC these days it is going to arbitra...

DB's have their advantage, if you were about to retire in the spring of 2008 with your personal DC and then your 2M went to 1M you would be a little grumpy. Under the the DB the company takes that risk for you. ( which creates its own set of risks ) so really each to his own. I don't think anybody n...

I concur as well. You should have your travel privileges pulled for life. Complete violation of the employee travel rules. Why don't you call WestJet and ask them what loads they are interested in!

What about the 8 Jazz hired on Monday July 25?

This looks like another Tier 2 operator with the AC Express logo on it. Much more serious than another code share partner.
Not Happy!

LOL, Nice made up rumour. Leave it alone.

SII wrote:did a new hire just get the 757?

It appears so as there was a guy hired on March 8, 2011 awarded YYZ 757 F.O.

That's a little funny I sold at 17.1 after taking them for a little more than 50%. Of course hindsight says I should have held on a little longer but I began to ask myself how long can this good run last. I mean there dividend is more than they are earning so sometimes they have to take from the ban...

[quote=They commence interviews to hire 40 which in its own will better my lifestyle, than rip the hopes outta people when they cancel the ground schools due to hoping that we will all do more WDOS.

That I think is wrong.[/quote]

I thought they just "postponed" the GS's??

I guess if the company wants to hassle pilots to come in and do a WDO at time and a half instead of hiring a newbie at 36K then that's their business.

And can we confirm anyone was actually called for the July 19 GS, (I struggle to believe they did)