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Aspiring pilots, we may be effed for a while

Old 03-16-2020, 10:01 PM
  #21  
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Originally Posted by SonicFlyer View Post
It's unrealistic for most people to be able to afford $75k+ worth of training... especially for those under the age of 30.
If you're spending $75k+, you're doing something wrong
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Old 03-17-2020, 07:53 AM
  #22  
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Originally Posted by SonicFlyer View Post
It's unrealistic for most people to be able to afford $75k+ worth of training... especially for those under the age of 30.
Just because you couldn't do it doesn't mean and it can't be done.

It's very realistic to spend HALF that amount, even in 2020, from zero to CFI by training at a local mom & pop shop. Keep your day job and train around your schedule. When I was flight training I was going to college full time and working 2 jobs to help pay for my training. It can be done, it takes a lot of sacrifice and hard work. If you want to be lazy then go out and sign on the dotted line for the 100k loan from one of those pilot mills.
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Old 03-17-2020, 09:39 AM
  #23  
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Originally Posted by SonicFlyer View Post
It's unrealistic for most people to be able to afford $75k+ worth of training... especially for those under the age of 30.
Pilots aren't "most people". I worked a small flight school in the 90s, back when CFIs would work for $5/hr. Most young students were fully funded by someone else. In fact there was only ONE poor kid who framed houses while he paid cash for lessons and time. Every airline pilots son had a free ride through college and flight training. They were also the ones who made it to a major in their 20s and survived the post 911 layoffs.
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Old 03-17-2020, 09:51 AM
  #24  
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Not a great place to be for sympathy or ideas. A forum designed around established aviators who finally realized a modicum of stability only to see it erode overnight. Quite a few here will be lucky to have a job in the coming weeks. Trans states went from shutting down during the best hiring boom of our generation to an accelerated timeline with nowhere to go. It’ll be a bumpy ride of all, but not many here are concerned about how the next generation is going to get their break.
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Old 03-17-2020, 09:53 AM
  #25  
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Originally Posted by SonicFlyer View Post
It's unrealistic for most people to be able to afford $75k+ worth of training... especially for those under the age of 30.
This country as a whole needs a major reset in thinking.
If you can save $10k a year you’ll finish your training in 5 years.
If you can save $15k a year you’ll finish in 3.5-4 years.

$12k/year is $1000 a month.
$750 rent + $750 living expenses is $2500.
Round that up to $3k
$36k +20% = $43.2k/year gross.

People nowadays are to lazy to piecemeal anything together, instant gratification.
I’ll pay you $75k if you just do everything I can do for myself and spend $50k.
Yeah I’m getting old.
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Old 03-17-2020, 10:18 AM
  #26  
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Originally Posted by kevbo View Post
Pilots aren't "most people". I worked a small flight school in the 90s, back when CFIs would work for $5/hr. Most young students were fully funded by someone else. In fact there was only ONE poor kid who framed houses while he paid cash for lessons and time. Every airline pilots son had a free ride through college and flight training. They were also the ones who made it to a major in their 20s and survived the post 911 layoffs.
My kids will have opportunities like that... that's why I worked hard.

But because I didn't have opportunities like that, they will be taught to appreciate what they have.
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Old 03-17-2020, 05:38 PM
  #27  
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Effing kids...

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Old 03-17-2020, 11:06 PM
  #28  
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Originally Posted by DontLookDown View Post
The timing of this sucks for anyone who just got hired or who was about to be hired.

For everyone still building time, it doesn’t matter as much. It could even be a good thing.

For example I have been thinking to switch over to the regionals next fall. If the airlines don’t hire for 6 months and then things pick back up in the fall, I might get hired and share seniority with people who hit their minimums 6 months before me.

The hiring freeze is temporary, but this event is a good reminder to be ready to submit the application when the good times start rolling again
Hit their minimums 6 months before you? What mins?





Originally Posted by Pilatus801 View Post
I just heard that at American, they will be offering early retirement options to those at or above age 62. So that will accelerate some of the retirements and open up more seats for newcomers. There may be some upsides to this whole virus thing. It will be interesting to see how things play out.

Anyone here want to attempt to be a prognosticator? Are we looking at a brief setback (3-6 months)? Or is this longer term (1 to 3 years)? Or even longer?
They aren’t offering early outs to make room for newcomers. They’re offering that to get people out so they don’t have to involuntarily furlough.
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Old 03-18-2020, 10:07 AM
  #29  
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Originally Posted by TiredSoul View Post
If you can save $10k a year you’ll finish your training in 5 years.
If you can save $15k a year you’ll finish in 3.5-4 years.
That is an insane amount of time to spend in training and will cost you tons of money on the back end of your career.
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Old 03-18-2020, 10:09 AM
  #30  
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Originally Posted by kevbo View Post
I worked a small flight school in the 90s, back when CFIs would work for $5/hr. Most young students were fully funded by someone else. In fact there was only ONE poor kid who framed houses while he paid cash for lessons and time. Every airline pilots son had a free ride through college and flight training. They were also the ones who made it to a major in their 20s and survived the post 911 layoffs.
Many people are not lucky enough to have a benefactor. Which means loans are unavoidable for most.
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