Originally Posted by
TiredSoul
You’re in a golden cage right now.
It will take you literally years before you reach $200k.
At Kalitta you need to be a 12(!) year Captain at min guarantee to break $200k
At a United a 12 year FO or First year Captain with a 8-10 year upgrade.
If you have 300k stashed away to maintain your lifestyle go for it.
How safe is your job when the economy tanks again?
The job is safe, as it’s working for a very long term aircraft owner who has paid cash for everything he’s got right now, and has a net worth in the 10 digits. The airplane is going nowhere, that’s been made abundantly clear.
Your comments above match my research on the issue as well. I have lots of peers going to the airlines, but I just can’t make financial sense of it due to the YEARS before I’d be making what I am now, and the loss of income during those years .. that is the gap between airline pay and what I would be making.
Retirement is a bit weak at my job, with 5% 401k matching. So that’s an area that the airline wins in.