Originally Posted by
soon2bfo
Saab. Thanks for the link to that article. It certainly got me down. I've been bumming around watching t.v. ever since, thinking about calling the local college of massage therapy so I could get a "job that pays and helps people"
. The one thing that the article oversteps though is that the cost of doing business has really increased since the 70's for the airlines. Fuel costs, and maintenance along with insurance and fees for airport usage must have all increased dramatically since those days.
Fuel, believe it or not, adjusted for inflation really hasn't increased since the 70's. Sadly, it is about where it should be, inflation adjusted of course.
I'm with Lear 31, it is hard to understand why so many pilots are so accepting of the horrible pay at regionals. I don't blame the majors, they essentially had their current rates rammed down their throats in bankruptcy court. I think many of the pilots who think 60k a year is a lot of money must live in rural America because on the west coast and the northeast, say Virginia to Boston and north, that 60k is dog****! In many of those areas, a 450k home is a beat up 3 bedroom that needs work. Without a trust fund or some sort of inheritance, how long will it take you to come up with the 100k in cash you need to pay 20% down, avoid PMI and pay closing and moving costs? All while making 60k, 65k, 68k, year on year.
Mr. I.
Mr. I.