[AR] Re: Rocket Labs

  • From: Derek Lyons <fairwater@xxxxxxxxx>
  • To: arocket@xxxxxxxxxxxxx
  • Date: Thu, 17 Sep 2015 23:04:25 -0700

On Thu, Sep 17, 2015 at 8:47 PM, Norman Yarvin <yarvin@xxxxxxxxxxxx> wrote:

On Thu, Sep 17, 2015 at 02:05:54PM -0700, justin corwin wrote:

The numbers don't quite work either. Even if an airplane is staffed by
super senior pilots($300k/yr), who are making only that flight that day,
their salaries amount to 821 dollars a day, so even three of them would
hardly make a dent in the average take on a flight cross country ($54k).

Oh, that's a dent. (It's 4.5%.) And that's as a percentage of take
(revenue); it's an even larger percentage of the profit.

And on top of that, Justin forgets that what a company pays the
employee isn't what the employee costs the company. Not just the
direct cost, like taxes, social security, health care, and the like...
but in overhead like training, etc... as well. That $821/day (before
taxes and withholding) could easily equate to $1000/day (or more, much
more) out of the companies pocket.

D.

Other related posts:

  1. Home
  2. arocket
  3. Archive
  4. 09-2015