billsaw

Well I think your sorta right. I think you will see some of the flight departments that probably shouldn't exist anyway vanish. Either the ones who only fly 100 hours a year or the ones that don't just never seem to have enough money to run their old beat up Lear.

But it's sorta a zero sum game. These execs and rich people still need lift. So while they may close theirs down they will charter and those planes need pilots too.

So I suspect the charter market will pick up.

If you notice a decade ago most of these charter outfits were two pilots per plane on call 24/7 slave driving. Now they all seem to be offering schedules of some sort.

N5139

Anecdotally, several (over five) of my acquaintances at Fortune departments/High Net Worth accounts are just hoping for “the call” from a major airline.

Most cite the lack of schedule as the biggest driver, combined with less pay/retirement/health care than a narrowbody captain/widebody FO. The younger (40s and below) are also concerned about a GM-type scenario where they’re 55 with kids in school and their department shutters (not to say the airline industry isn’t fickle).

Most are frustrated in that their duties as “international captains” are many and the body of knowledge is deep, yet they aren’t able to command market price for their skills nor have control over their schedule.

Most like their role (great equipment, destinations, etc), but find it hard to justify. That all being said, not all corporate jobs/people are the same. As stated above, there is nothing wrong with either side of the industry. Just depends on one’s personal situation.


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galaxy flyer

This. A friend just left for an operation with 8 pilots for 2 planes. They think a 4-day trip to London calls for a mid-trip crew swap.

GF

dbflyer

I have not. Most everything else with the job is solid but I've been bringing this up for several years to no avail. We have long term disability, but if it is something that is only loss of medical we're in trouble.

Tbpilot06

I researched the Harvey Wyatt plan for our department. It’s in the hands of compensation and HR. Expecting to hear something soon, but I’m pushing for the entire package to be paid for for us. I’ll keep you updated. FYI I’m not a management pilot but took it upon myself with my Directors blessing.

f10a

Does the Harvey plan cover for loss of medical or would one have to go work an office job? The LTD plans I've seen say nothing about losing a medical and would require one work as a janitor if that's all you could do--they don't get the pilot world...

Tbpilot06

Yes they cover loss of medical .. there are several plans available and used in combination they can cover a long term loss of license