Retiring Airline Pilot Part 135 Salaries?
 

Can some of you newly retired airline pilots have gone to 135 ops tell us about what you were able to draw for salaries and 401k, etc?

I'll state the obvious, nothing but a few Part 91 unicorn jobs will pay anything close to a retiring 121 PIC. I'm sure you are aware but not leaving any lurkers any doubt the drop in pay does occur.

Bottom line, one pilot's take home pay after taxes for a SIC living in a state that collects state income tax, flying 135 ops was $8800 a month. Citation X
This includes base salary ($80K), $85 a day per diem ($135 for international overnights), $500 additional pay for not using company medical.

My pay as PIC in that same situation (over 65) , no state income taxes, take home pay flying similar amount is about $11K-12K a month.

Mileage truly varies depending on type of aircraft and company compensation packages. Multiple ex's lower mileage dramatically...just saying. ;)

401Ks vary dramatically. Previous 135 had a $5K match and after 5 yrs I believe it would go to $10K but one had to put your own money in to get the match.

New company deposits $$ into your designated investment funds (by the pilot) based upon a per hour basis. If you flew 650hrs a yr the total amount deposit would be close to the max amount gov allows...NO PILOT CONTRIBUTIONS REQUIRED. Caveat: Newly established program...kinks are being sorted out with new investment firm and leadership..I'm confident based upon past promises by leadership the deal will come through.

Retired 3.5 yrs ago...still love flying and that is why I still fly. If I'm going to fly, I thought I should at least seek out the upper level of compensation in an airplane I like. The X fits that bill as does the company I work for.

Good luck...lots of opportunities out there...don't bite on the first tug on the line.

“…don’t bite on the first tug.”

Words to live by. Hope you’re doing well Chase.

TC

Yes…doing well, got my health, got a good job, still flying, original model wife…best thing about the new job and my new criteria for judging job opportunities:
1. Polo shirts
2. Fly with throttles full forward
Most important
3. Cool call sign, “Rodeo”

Blessed beyond what I deserve.

Glad to see that you're doing well! Good to know that you were able to move on to greener pastures - in which you can have a "Rodeo".

Who do you fly for if you don’t mind disclosing?

Thanks.

Thanks guys.

With the regionals raising their pay, is that pushing up 135 salaries a lot? Is it creating a shortage?

Any good info on Jet Edge?

How does a pilot evaluate jobs when salaries and benefits are kept secret, without doing a lot of interviews?

Baker Aviation, KFTW

https://baker-aviation.com/

Baker is hiring also, X pilots experienced and non-typed also with right skill set and desire to work/fly.

If you want more info just DM me. Thanks for asking the question.

[QUOTE=Strenyakov;3569461Any good info on Jet Edge?[/QUOTE]

Jet Edge is now under the VistaJet umbrella. I would be very wary and ask a LOT of questions. VJ absolutely ruined XOJET.

I assume you have to live locally?

TC