As of Febuary 2008, the highest pilot pay appears to be a Boeing Business Jet pilot. Avjet Services, the BBJ subsidiary, is starting it's Captains at $237,000 a year and it's F/O's at $169,000 a year. A friend of mine who fly's for Avjet said he knows a BBJ Captain who is making closer to $350,000, but he's been there since they bought their first BBJ.

The bottom line is, airline pay continues to go down, while private parties are paying their pilots record pay. Go figure. . .