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Airline pilots 12th Highest paid proffesion in the US


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Airline pilots 12th Highest paid proffesion in the US

Old 02-18-2007 | 03:44 PM
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Default Airline pilots 12th Highest paid proffesion in the US

http://msn.careerbuilder.com/custom/..._917_spotlight

The median income for an airline pilot is $135,040. Since it is the median, it means that half of all airline pilots get paid more then $135,040 per year. Which also means that half of all pilots get paid less then that.

Interesting it beat out dentists, engineers, and lawyers
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Old 02-18-2007 | 04:08 PM
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That is why people like me with a degree in Aerospace Engineering who could get an engineering job starting at $55,000 decided to become an airline pilot!
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Old 02-18-2007 | 04:28 PM
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Originally Posted by Linebacker35
http://msn.careerbuilder.com/custom/..._917_spotlight

The median income for an airline pilot is $135,040. Since it is the median, it means that half of all airline pilots get paid more then $135,040 per year. Which also means that half of all pilots get paid less then that.
My guess is that the half that are below 135K are WAY below 135K...

Major new-hires and regional pilots probably average $40-50K.

I'd like to see the average...
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Old 02-18-2007 | 04:41 PM
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I'll bet regional pilots aren't even included the the pilot group used to come up with $135,040 as an average.
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Old 02-18-2007 | 04:44 PM
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Default Really ... ?

I looked twice when I saw this one ...

10. Chief Executives -- $139,810


I guess those numbers are that low if you include the CEO of the local Landscaping Company ...

(You may only get that if you live in AZ)

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Old 02-18-2007 | 04:59 PM
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Originally Posted by rickair7777
My guess is that the half that are below 135K are WAY below 135K...

Major new-hires and regional pilots probably average $40-50K.

I'd like to see the average...
The mean is the best yardstick, what you don't know readily is the metrics included. There are several pages in the govt report that discuss methodology. For airline pilots it looks dubious, and BTW, it is done by surveys of airline companies. Guess managements fill out ridiculous numbers and send them in,
I looked at the Bureau of labor Statistics. They show airline pilots and navigators between $95-$97/hr at 39+ hours weekly in June 2005. If they then show $135,040 median, then they used $135.04/hr at 1000 hours annually. Someone had to boost the numbers. It doesn't add up. Also, the sampling and non sampling errors are in the 13 % range, so basically worthless data for all intents except for managements during negotiations telling you why you need to be paid less.

Last edited by SaltyDog; 02-18-2007 at 05:27 PM.
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Old 02-18-2007 | 05:06 PM
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Originally Posted by Linebacker35
http://msn.careerbuilder.com/custom/..._917_spotlight

The median income for an airline pilot is $135,040. Since it is the median, it means that half of all airline pilots get paid more then $135,040 per year. Which also means that half of all pilots get paid less then that.

Interesting it beat out dentists, engineers, and lawyers
OMG! Who came up with that sack of lies? Wow. I'd say 50% of pilots make less than 50K a year.
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Old 02-18-2007 | 05:25 PM
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Originally Posted by SaltyDog
The mean is the best yardstick, what you don't know is the metrics included. Likely they included all pension and medical benefits for pilots, and who knows what airlines were included and excluded. They may even throw in a value for 'jumpseat priveleges' Unless I see the methodology,airlines included, what years, etc. these numbers from the govt. are meaningless and look like something paid for by management publicity campaigns during negotiations.
I looked at the Bureau of labor Statistics. They show airline pilots and navigators between $95-$97/hr at 39+ hours weekly in June 2005. If they then show $135,040 median, then they used $135.04/hr at 1000 hours annually. They had to boost the numbers. It doesn't add up.
A very astute observation, and I might add, the same goes for the other occupations as well. Without knowing the methodology used to come up with these numbers, how can we believe that they're accurate? Especially with physicians (who are largely self-employed) Are they considering overhead ?(office expenses, employee salaries, malpractice insurance, benefits)

My ex might appear to make a large amount of money but when you consider his overhead, one might not be so envious.
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Old 02-18-2007 | 05:28 PM
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Originally Posted by Linebacker35
http://msn.careerbuilder.com/custom/..._917_spotlight

The median income for an airline pilot is $135,040. Since it is the median, it means that half of all airline pilots get paid more then $135,040 per year. Which also means that half of all pilots get paid less then that.

Interesting it beat out dentists, engineers, and lawyers
I think if you didn't count the FO's pay it would still be too high.
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Old 02-18-2007 | 05:42 PM
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Originally Posted by Ottopilot
I think if you didn't count the FO's pay it would still be too high.
Haha! That must be it! they said "Pilot" pay, they didn't say anything about "Co-pilot" pay
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