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Old 05-11-2018, 10:02 AM
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SkyHigh
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Joined APC: May 2005
Position: Corporate Pilot
Posts: 7,119
Default Pilot Jobs Don't Pay Enough

https://www.cnbc.com/2018/04/27/sam-...00-a-year.html

In the 1970's and 80's airline pilots were among the highest paid professions in the land. The post-deregulation era has cut down wages considerably and benefits have all but disappeared. The economy and inflation are slowly taking swings at compensation as airline pilots are locked in strict and unfavorable contracts. As a result, even the rosiest of airline aspirations are in danger of falling short of being able to provide for a family into the middle class.

Most legacy airline pilot jobs reside in larger urban areas. Real estate and other cost-of-living expenses in those areas are soaring. Currently, it takes a legacy airline captains wage to support a family of four completely into the middle class and the maintenance of that standard is in grave danger.

Legacy airline pilots who read this will have strong objections. They will report that airline pilots are doing well. I ask to remember that most likely you bought your home 20 years ago and possibly are an empty nester. Consider the 32-year-old first officer today who is climbing the massive hill of funding a new family while trying to pay down massive school loans and saving for a home. The median home price in Seattle hit $820,000.

200K is not enough. It takes $300,000 in most urban areas to support a family of 4 into the middle class. The middle class means two adults, two kids, a 2000 square foot home in the suburbs and two ten-year-old cars. No summer homes or maid service.

We are in this condition and have not even seen much inflation yet.

Below is an article from 2014:

https://www.usatoday.com/story/money...ream/11122015/

Fun is fun but having a life takes money.

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