Legacy Airline vs Fractional
#101
Gets Weekends Off
Joined APC: Jun 2008
Posts: 206
Well, I grossed North of $350k last year-on par with a senior SWA pilot. Hotel points (as in never have to pay for hotel rooms again), airline miles, fuel perks, commute on company time and dime with no jump seat issues or crash pads from over 200 bases, and tips from owners who actually like to fly add up to a significant bonus on top of gross pay. Not to mention 4 weeks of vacation after 10 years on property adds up to a total of 84 consecutive days off (21 days for each week’s vacation) the schedule each and every year. Oh, and zero insurance premiums. Add it all up and I’ll bet fractional compares to most carriers. It wasn’t always like that, but effort with a strong union paid off handsomely.
Last edited by avi8er; 05-14-2022 at 05:11 PM.
#102
Gets Weekends Off
Joined APC: Oct 2021
Posts: 172
#104
Gets Weekends Off
Joined APC: Oct 2021
Posts: 172
Our retirement is lacking compared to the majors. Much of it is up to us individually. Last year company matched our 401k contributions at 58% to include the catch up. We also get non discretionary contributions of 1/3 of our flight duty pay up to the legal limit. FDP is paid at $145/hr for block time exceeding 10 hours in any tour in addition to base pay, and is the same for both PIC and SIC. FAs also receive it, but not sure what their rate is. My contribution in total was the legal limit for individuals. Company match and non discretionary contribution about doubled that. Not bad, but not as good as the majors.
#106
Our retirement is lacking compared to the majors. Much of it is up to us individually. Last year company matched our 401k contributions at 58% to include the catch up. We also get non discretionary contributions of 1/3 of our flight duty pay up to the legal limit. FDP is paid at $145/hr for block time exceeding 10 hours in any tour in addition to base pay, and is the same for both PIC and SIC. FAs also receive it, but not sure what their rate is. My contribution in total was the legal limit for individuals. Company match and non discretionary contribution about doubled that. Not bad, but not as good as the majors.
#107
Gets Weekends Off
Joined APC: Mar 2015
Posts: 201
Our retirement is lacking compared to the majors. Much of it is up to us individually. Last year company matched our 401k contributions at 58% to include the catch up. We also get non discretionary contributions of 1/3 of our flight duty pay up to the legal limit. FDP is paid at $145/hr for block time exceeding 10 hours in any tour in addition to base pay, and is the same for both PIC and SIC. FAs also receive it, but not sure what their rate is. My contribution in total was the legal limit for individuals. Company match and non discretionary contribution about doubled that. Not bad, but not as good as the majors.
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#108
Speed, Power, Accuracy
Joined APC: Sep 2007
Position: PIC
Posts: 1,699
I made the most I have ever made last year but that includes the $30K signing bonus and 10 extended days for 25K. Being on the 7/7, I still came up short for the combined total a company can place in your 401K. Now, extended days are getting hard to come by. I have been denied 3 times. The bonus is over. Meanwhile, the pace is terrible combined with other times you airline after giving up an airplane or it breaks. One tour can be 30 hours FDP and the next 16 hours FDP. Also, we work so much harder due to all the duties we carry. There is no turning left with us. The flying is fun and I enjoy the ferry legs, but we work so much harder and the constant schedule flip and on demand schedule does wear you down. Also, we top out at 4 weeks vacation where the Legacy carriers get 6. Now with the confirmed space for your commute and the 19% DC, unless you really love our flying or want to live in a very remote city, you will make so much more money at a Legacy carrier and the work pace is so much less. Due to my age, I am stuck a NetJets, but if I was young, I would be gone. 30 plus years at a Legacy carrier will net you so much more money and less stress. It is almost comical listening to Legacy carriers complain about their work pace. They have no idea 135 duty regs allow for.
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#109
Gets Weekends Off
Joined APC: Jan 2014
Posts: 286
I made the most I have ever made last year but that includes the $30K signing bonus and 10 extended days for 25K. Being on the 7/7, I still came up short for the combined total a company can place in your 401K. Now, extended days are getting hard to come by. I have been denied 3 times. The bonus is over. Meanwhile, the pace is terrible combined with other times you airline after giving up an airplane or it breaks. One tour can be 30 hours FDP and the next 16 hours FDP. Also, we work so much harder due to all the duties we carry. There is no turning left with us. The flying is fun and I enjoy the ferry legs, but we work so much harder and the constant schedule flip and on demand schedule does wear you down. Also, we top out at 4 weeks vacation where the Legacy carriers get 6. Now with the confirmed space for your commute and the 19% DC, unless you really love our flying or want to live in a very remote city, you will make so much more money at a Legacy carrier and the work pace is so much less. Due to my age, I am stuck a NetJets, but if I was young, I would be gone. 30 plus years at a Legacy carrier will net you so much more money and less stress. It is almost comical listening to Legacy carriers complain about their work pace. They have no idea 135 duty regs allow for.
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TC
#110
Gets Weekends Off
Joined APC: May 2006
Posts: 1,024
How does sick or PTO time work at AA? Do you get more with seniority like with vacation time? Can you bid to use it as PTO? Just curious if this is another plot of green grass at the majors. At NetJets we all get 12 PTO days a year in the sick/ PTO bank. We can cash unused out at the end of the year or bank up to 75 I believe. We can use up 12 per year as PTO days, but we have to bid for them and don't know until the month before at the earliest. The company can also charge more than one PTO day for a day off if it is a busy day for the company.
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