New pilot contract at Alaska raises pay to levels just below largest US airlines

A new combined labour contract for the pilots of Alaska Airlines and Virgin America, finalised Monday, provides hefty wage increases that bring the highest pay rate to US$251 per flight hour, with increases of 3% in 2018 and in 2019. The current top of the pay scale is $216.46 per flight hour for an Alaska Airlines captain and $189 for a Virgin America captain (although no Virgin pilots have yet reached that 12-year level). The average pay increase is 16% for an Alaska Airlines captain and 29% for a Virgin America captain. The new contract, effective Wednesday and running through April 2020, also accelerates the pay of younger pilots by increasing the ratio of first-officer pay from 31% of a captain’s pay in year one to 41%, with corresponding increases in that ratio throughout the first 5 years of employment. <br/>
Seattle Times
https://www.seattletimes.com/business/boeing-aerospace/new-pilot-contract-at-alaska-raises-pay-to-levels-just-below-largest-u-s-airlines/
10/31/17