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Airline Pilot Backup? Airline Pilot Backup?
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Money Talk Your hard-earned money

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Old 05-09-2008, 08:46 AM   #1 (permalink)
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Default Airline Pilot Backup?
So what is the best backup/failsafe for an airline pilot?

Let's say our subject of example is a regional FO with a BA in an unrelated field, has low TT.

A business on the side (startup costs must be financed)?

A master's degree in a field non aviation related? (also financed)

An A&P or dispatcher certificate...yep you guessed it (financed)

Please don't say all three.... thanks
DK
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Old 05-09-2008, 08:53 AM   #2 (permalink)
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McDonalds manager. Pays well, great benefits, free degree from Hamburger U!
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Old 05-09-2008, 08:54 AM   #3 (permalink)
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In case you think I was joking:

http://www.mcdonalds.com/corp/career...niversity.html
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Old 05-09-2008, 12:55 PM   #4 (permalink)
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They are hiring a Pilot too...
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Old 05-09-2008, 01:31 PM   #5 (permalink)
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I also forgot to mention the option of business jet type ratings.
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Old 05-09-2008, 02:28 PM   #6 (permalink)
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McDonalds manager. Pays well, great benefits, free degree from Hamburger U!
My cousin manages two for a local franchise. Based on her condo, car and the fact that she more than provides for her daughter on her own I'm guessing her salary around $50-60k.
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Old 05-10-2008, 07:54 AM   #7 (permalink)
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If you're young, consider military reserves/guard. The pay rises significantly over time, and there are no schedule conflicts between your military and airline job (you simply tell the airline when you're going, and then you leave). You also get a modest retirement, which you will not get at most airlines.

It usually works out that when the airline business is down, the military businsess is good...terror, oil prices, and economic downturns tend to result in invasions.

Actually on a serious note, there is some consideration being given to revamping the military retirement system, basically reducing benefits. If you have an interest, I would say go ahead and get started because anyone who is already in will be grandfathered into the old system. Personally I doubt they will actually change much because all the reservists would quit, and they can't really do without us now.
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Old 05-10-2008, 08:15 AM   #8 (permalink)
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Rick, you know anything about the Coast Guard Reserve?
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Old 05-10-2008, 09:44 AM   #9 (permalink)
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Rick, you know anything about the Coast Guard Reserve?
Coincidently, I know a lot about it. What do you want to know?
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Old 05-10-2008, 09:57 AM   #10 (permalink)
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McDonalds manager. Pays well, great benefits, free degree from Hamburger U!
Two years ago I ate at an "In and Out Burger" place. They had flyers on the tables asking you to make a career with them. They said after 5 years you could progress to store manager at a salary of.....99k/yr. Not kidding.
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