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Old 01-12-2016, 07:49 PM
  #1771  
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Originally Posted by Paok View Post
Did you fly at KPNE? Hortman?
Hey Paok, no, I did my flying at Farmingdale Airport in Long Island. I would drive home on Fridays, fly all day Saturday and Sunday then drive back to Philly Sunday nights for school on Monday. I found a very inexpensive way of getting my ratings there and that's why I went through the hassle.
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Old 01-12-2016, 07:55 PM
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Originally Posted by crewdawg View Post
I know a few Wharton/Booth/Kellogg graduates, one of them being a current DAL captain who worked for one of the top consulting firms while on furlough. They all seem to spend more time in hotels and on airliners than we do. The Captain I referred to said it boiled down to the $$$$ vs time off that brought him back to DAL.
Hey crewdawg, your friend must have been a management consultant. Those guys travel as much as airline pilots. I was in private equity, we didn't travel that much but our days at the office were very long. 7am- midnight, every day including Saturday's. We did get a free limo ride home every night and free meals. Senior guys in management consulting and private equity make $2-3 million a year easily but I don't want that lifestyle. You are literally always at work.

By senior I mean 10 years in the business..Guys who have been in private equity longer earn much much more, especially at a place like Blackstone..Management Consultants top out at about $2-3 million and then become C-level executives at the Fortune 500 companies..That seems to be the trend.
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Old 01-12-2016, 09:16 PM
  #1773  
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Originally Posted by LGApilot View Post
.Guys who have been in private equity longer earn much much more,
Sir, my hat's off to you for achieving your dream, and for choosing that path versus the temptation of $$$ for something you don't care for, and my hat's off to your folks for the values they must have instilled in you to get such a solid start. There is so much negativity on these forums its very refreshing to see someone who worked hard from a young age get a payoff out of it.
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Old 01-13-2016, 07:46 AM
  #1774  
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Originally Posted by LGApilot View Post
Thanks guys! Appreciate it. I will be EWR based for life since I'm from NYC...

I started college at the age of 16 and graduated at 20. I got all my ratings while attending college.. After graduating, I worked at the Blackstone group for 6 months(finance related, not flying)before leaving for a charter company(flying job)..The Gulfstream I fly now is also owned by Blackstone. The money at Blackstone was good, in the 6 months I worked there after graduation I earned 125k, ofcourse it was not a flying job. FO pay flying their Gulfstream is $120k per year so not a bad gig. You just don't fly much..

Also, I came from a poor family, my dad was a law professor in Pakistan and my mother was a Math Teacher..When they immigrated to the U.S in the 1970s, they had to start all over. My dad drove a nyc yellow cab for 25 years before starting a small food business and my mother was a stay at home mother in the states..I had a free ride at Penn so that helped(including room n board).. For flight training, I took out student loans from Penn for personal use but used them for the flight training..All in all, it worked out.
$125K in 6 months in Finance, and then later $120K per year as a G5 First Officer, all before the age of 24? You are doing better that 99.99% of all the civilian pilots out there. It's almost unbelievable, but I actually believe you.

You must be of the "well above average" intelligence level to graduate from Wharton by the age of 20 with a degree in finance. I don't mean to sound negative, but with a mind like yours, you very well might get bored after only a few years of being an airline pilot, in which case you could very easily move over to management at United (or any airline for that matter).

If you make that move, at least you will have a good perspective of what life is like as a typical line pilot (something that a lot of management seems to lack), and hopefully you will be able to sympathize with the pilot's union when it comes to making decisions on the future of the company, should you ever be in a position to make those kinds of decisions.

Good luck.
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Old 01-13-2016, 11:17 AM
  #1775  
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Originally Posted by CODs4ever View Post
$125K in 6 months in Finance, and then later $120K per year as a G5 First Officer, all before the age of 24? You are doing better that 99.99% of all the civilian pilots out there. It's almost unbelievable, but I actually believe you.

You must be of the "well above average" intelligence level to graduate from Wharton by the age of 20 with a degree in finance. I don't mean to sound negative, but with a mind like yours, you very well might get bored after only a few years of being an airline pilot, in which case you could very easily move over to management at United (or any airline for that matter).

If you make that move, at least you will have a good perspective of what life is like as a typical line pilot (something that a lot of management seems to lack), and hopefully you will be able to sympathize with the pilot's union when it comes to making decisions on the future of the company, should you ever be in a position to make those kinds of decisions.

Good luck.
Thank you Sir but I don't think I will be moving into management anytime soon. Some clarification about salary, the 125k earned at Blackstone is not a straight salary..It includes salary and a performance bonus. Salary alone for the 6 months was about $65k. Another thing to note are the insane hours at work for that amount, so hourly it doesn't come out to more than what an RN makes in a hospital..Secondly, as a pilot, I was earning about $35,000 a year flying charters before getting a flying gig at Blackstone. I started flying the Gulfstream recently so I haven't earned $120k yet since its been a few months but yes the salary here(including per diem, etc) is about 10k a month..
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Old 01-13-2016, 11:21 AM
  #1776  
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Originally Posted by M20EPilot View Post
Sir, my hat's off to you for achieving your dream, and for choosing that path versus the temptation of $$$ for something you don't care for, and my hat's off to your folks for the values they must have instilled in you to get such a solid start. There is so much negativity on these forums its very refreshing to see someone who worked hard from a young age get a payoff out of it.
Thank you for the kind words..There are many people who work hard, I just got lucky..I do credit my parents, they sacrificed a lot in life for myself and my siblings.
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Old 01-13-2016, 11:31 AM
  #1777  
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Originally Posted by M20EPilot View Post
Sir, my hat's off to you for achieving your dream, and for choosing that path versus the temptation of $$$ for something you don't care for, and my hat's off to your folks for the values they must have instilled in you to get such a solid start. There is so much negativity on these forums its very refreshing to see someone who worked hard from a young age get a payoff out of it.
+1 ! I've got a 6 & 8 year old, and his solid start inspires me as a parent.
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Old 01-13-2016, 12:49 PM
  #1778  
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Originally Posted by CODs4ever View Post
You must be of the "well above average" intelligence level to graduate from Wharton by the age of 20 with a degree in finance. I don't mean to sound negative, but with a mind like yours, you very well might get bored after only a few years of being an airline pilot, in which case you could very easily move over to management at United (or any airline for that matter).

If you make that move, at least you will have a good perspective of what life is like as a typical line pilot (something that a lot of management seems to lack), and hopefully you will be able to sympathize with the pilot's union when it comes to making decisions on the future of the company, should you ever be in a position to make those kinds of decisions.

Good luck.
I have to chime in here. If he does make the move, it'll be quite the opposite. If you ever tried to climb the corporate ladder and later fly 121, you'd realize how incredibly easy the flying gig is and understand why no one will sympathize with us. It can be fatiguing at times sure, but that's about it.
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Old 01-13-2016, 01:40 PM
  #1779  
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Originally Posted by LGApilot View Post
Hahaha, yea, all 24 years! I would have loved to have been an astronaut but those guys are much smarter than I am. How does one even become an astronaut? I thought one had to be a top graduate of the Air Force Academy or Annapolis and then a top fighter pilot in order to even be considered. If I had a chance, I would definately consider it.
Astronauts
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Old 01-13-2016, 01:42 PM
  #1780  
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Originally Posted by Feng View Post
I have to chime in here. If he does make the move, it'll be quite the opposite. If you ever tried to climb the corporate ladder and later fly 121, you'd realize how incredibly easy the flying gig is and understand why no one will sympathize with us. It can be fatiguing at times sure, but that's about it.
Then we better hope he never goes to the dark side. Ha!
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