Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Major
Too Old To Play in The Majors? >

Too Old To Play in The Majors?

Search
Notices
Major Legacy, National, and LCC

Too Old To Play in The Majors?

Thread Tools
 
Search this Thread
 
Old 08-09-2007, 04:25 AM
  #31  
Gets Weekends Off
 
Formerbuspilot's Avatar
 
Joined APC: Oct 2006
Position: Corporate
Posts: 221
Default

As mentioned by others, get the ratings using your own plane. Keep working until minimum time to retirement. During that time log as much flying as possible. Upon reaching a time where you can draw retirement, go after the fractionals (are they subject to the age 60/65 rule?). Within a couple years you should be close to the 100K level combining salary and retirement income.


FBP
Formerbuspilot is offline  
Old 08-09-2007, 07:04 AM
  #32  
New Hire
Thread Starter
 
Joined APC: Aug 2007
Position: Spacecraft, Backseat
Posts: 7
Default

You say "go after the fractionals". As I understand them "fractionals" are where companies own an undivided share of an aircraft. Does the crew work the aircraft for all the [partial] owners or does each owner have their own crew? How flexible are they and all the "usual questions".

Last edited by BurntOut; 08-09-2007 at 08:29 AM. Reason: I looked at the other forums and figured out what a fractional is.
BurntOut is offline  
Old 08-09-2007, 03:19 PM
  #33  
Gets Weekends Off
 
shackone's Avatar
 
Joined APC: May 2006
Posts: 394
Default

Originally Posted by BurntOut View Post
You say "go after the fractionals". As I understand them "fractionals" are where companies own an undivided share of an aircraft. Does the crew work the aircraft for all the [partial] owners or does each owner have their own crew? How flexible are they and all the "usual questions".
From Wiki...

The term fractional ownership originally became popular for business jets. Richard Santulli of NetJets pioneered the concept of allowing businesses to purchase shares in a jet to reduce costs — other companies such as Citation Shares, Flight Options and FlexJet soon followed. With a fractional jet plan, members will typically fly in any jet available, not necessarily the one in which they own shares. The management company will reposition jets as necessary and provide flight crews. Companies with greater needs purchase larger shares to get access to more time.

The fractional-ownership concept has since been extended to smaller aircraft and has now become common for single-engine piston aircraft like the Cirrus SR22, which are beyond the financial means of many private pilots. The same concepts apply, except that the management company may not provide flight crews nor reposition the aircraft.

Fractional ownership has played a significant role in revitalizing the general aviation manufacturing industry since the late 1990s, and most manufacturers actively support fractional ownership programs.
shackone is offline  
Old 08-10-2007, 10:41 AM
  #34  
Gets Weekends Off
 
Oldfreightdawg's Avatar
 
Joined APC: Sep 2006
Position: B-737
Posts: 392
Default

Originally Posted by BurntOut View Post
You say "go after the fractionals". As I understand them "fractionals" are where companies own an undivided share of an aircraft. Does the crew work the aircraft for all the [partial] owners or does each owner have their own crew? How flexible are they and all the "usual questions".
And yes, most fractional companies have crews on staff (no age limit on retirement). Go to this link for more info: http://www.airlinepilotcentral.info/...ractional.html
Oldfreightdawg is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
trackpilot
Regional
55
07-22-2007 06:11 AM
determined2fly
Major
7
06-26-2007 09:56 AM
ChrisH
Regional
8
11-15-2005 06:36 AM
Gordon C
Major
0
06-29-2005 08:59 PM
Flea Bite
Major
3
05-31-2005 02:41 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices