ChuckMK23

Hi all - I searched forums - my apologies if this has been addressed in other posts. I'm looking for some practical insights to PSA's RTP program.

Regarding PSA RTP - former Navy and Rotor. Live near CVG.

I have ATP Helo, COMM MEL, INST AIRPLANE - 3500 TT

130 real Airplane PIC and 65 Hours MEL PIC

So what can I expect as far as additional training and experience from PSA through the RTP program?

What is the most efficient way to get to 250 Airplane PIC through the RTP program? (120 hours). How long does accumulating 120 hours take in your opinion?

What does PSA fund?

"Most military rotor pilots qualify for the FAA’s lowest minimum restricted ATP. Although many of you have the 750 hour total time, you fall short of the 250 hour fixed wing PIC requirement or 25 hour multi engine requirement. PSA is partnering with VA approved SkyWarrior part 141 flight school and will contribute up to $23,000 towards your flight time requirements in order to achieve the R-ATP.
"

Once mins are complete - how long is PSA ATP CTP?Assuming its at either CVG or DAY?

Thank you - advice and insight is much appreciated!

CM23

Frogamazog

Since you have all the appropriate fixed wing ratings you will have an initial flight and instrument currency check with an instructor and then after that it will be mostly on you to build the time. Skywarrior tries to pair you up with other RTP students building time so you generally fly with the same people.

PSA should cover all the flying expenses, though you would be on the hook for your room and board.

I've talked with guys who built your required time in 1-2 months. It's a lot of flying but you have nothing but time when your down here.

Frogamazog

About the ATP-CTP, it runs Monday to Monday, I believe, with the option to take the test on Tuesday.

new guy

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ChuckMK23

Thank you for the thoughtful responses!

ChuckMK23

• "$55,000 first-year pay for new-hire military pilots" - where does that come from? Starting pay for new-hire First Officers is $38.50 per hour.
  
  
• "All PSA pilots receive up to $21,560 signing bonus" - is this true?
  
• "Over $16,000 in sign-on bonuses paid immediately, if you choose, to help fund your flight time requirments" - so in my case, with my 25 PIC MEL hours and rating already attained, I need roughly 120 PIC Airplane hours - sounds like PSA funds this - but an I misinterpreting this?
  
• Does PSA simply take the money out of your sign on bonus to fund the 120 PIC hours I would need?
  
• What would my no **** first12 months of pay look like?

Thanks!

Strykerinf

I think I am telling you correctly- 38.50x75 (min guarantee monthly)x12 month+ the bonuses and estimates per diem ($1.75 per hour away from base) equal out to around 56k

PSA can give you an advancement from your sign on bonus to pay for checkrides, housing for the RTP training, or any external factors associated with it. That I know is voluntary.

I would plan on the low side for your first year pay being around 50k just as a very low ball. The way movement is going for FOs, you won't be on reserve very long so it will be easy to credit well above the 75 hr monthly guarantee

new guy

PSA offers $23000 up front to cover down on certs/hours. Anything in excess can be paid for either 1) our of pocket 2) via the bonus 3) gi bill.

Your first year is a tough number because
-You won't get paid while time building
-while at indoc you'll actually be paid 24x7 per diem with the 38.50 (or whatever the hourly wage is) x 75 a month. Expect indoc/initial training to least nearly 4 months from my understanding. After that, with minimal work (you just fly hours assigned, no trading/doing/overtime and your per diem thrown in I've talked with pilots saying they take home nearly $4k a month after taxes.

Regarding the pay for training, your balance has to settled prior to attending from my understanding. So they pull initially from the psa pot of money, then you.

new guy

If anyone sees something wrong with my above post, please correct it.

Tester130

The up to $21,560 signing bonus is including an extra bonus for guys who already have a CRJ type rating. As an RTP expect the standard bonus of $16,560.

While in RTP and the ATP/CTP course you are not paid as you are not an employee yet. RTP you are on your own for room and board. In the ATP/CTP course they provide the hotel.

When you report to Dayton, pay starts on day one. You will essentially make min guarantee while in training, plus per diem while away from home. There are a few days here and there in training where they give you a short break and send you home (between Dayton and sims in Charlotte, and sims and differences in Cincinnati). You'll then go home while you wait to get scheduled for IOE. While home you do not get per diem.

Pay days are the 5th (covers pay from the 16th to the 30th of the previous month) and the 20th (covers from the 1st to the 15th of the current month). On each pay day you get half your hours paid. So while in training you'll get 37.5 hours at $38.88 an hour (minus taxes). On the 20th payday you get the per diem and any extra time you flew from the previous month. This is so you can make sure all your time is in before they close out that month. This means your 5th paycheck will always be smaller than the paycheck on the 20th.

For an idea of what to expect on pay...I started on the 8th of a month. During that first month they use 3.75 hours per work day to figure your hours. After that they use min guarantee. On the 20th we got paid for six work days we had in Dayton between the 8th and the 15th. So 3.75 hours x 6 days x $38.88. After taxes my check was about $765. On 5th we were paid half of min guarantee (37.5 hours x $38.88). They also threw in some estimated per diem in this check. After taxes my check was about $1,400. On the 20th the month after I started training we were paid half a month of min guarantee for hours and all the per diem for the previous month. This check was about $2,400.

I hope this helps give folks an idea of what to expect initially. PM if any RTPs have questions. I did not do the RTP program as I had built my fixed wing hours on my own, but I am a recently transitioned Navy Rotor Heads.


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