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Originally Posted by Mesabah
(Post 2658911)
The pay at the regionals serving NYC and other terrible bases will probably reach $200K in the next few years.
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38,000 pilots retire in the next 14 years. Regionals will either pay more or fail.... period
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Originally Posted by ItnStln
(Post 2659085)
That seems to be what most intelligent people do but it’s the less intelligent people who are havin g more kids than they can afford.
https://www.youtube.com/watch?v=YwZ0ZUy7P3E |
Originally Posted by rickair7777
(Post 2658897)
$100K-$130K is plausible after 10+ years. More for LCA.
A very few sim instructors make $300k+. But that's hard work, only possible because 117 doesn't apply in the sim... But even so there's always the risk of a COMAIR scenario in your mid-50's, with a couple kids in college... Someone at ten years from now at Endeavor, if they were unable to move on, could probably be pulling in 140k without much effort at all and have a great schedule. That's a pretty comfortable amount. I just wouldn't personally bank on any regional being stable enough to be around in ten years. Look how much has changed in the last five. |
Originally Posted by SonicFlyer
(Post 2659458)
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Originally Posted by Fixnem2Flyinem
(Post 2659276)
38,000 pilots retire in the next 14 years. Regionals will either pay more or fail.... period
“May you live in interesting times.” - Attributed to a Chinese Proverb |
Originally Posted by TransWorld
(Post 2659546)
Put that in perspective. 38,000 pilots is TWICE the number of pilots at all the regionals, combine.
“May you live in interesting times.” - Attributed to a Chinese Proverb |
Yes certain markets are more expensive to live in than others. That's not what I was concerned with neither was whether or not one should be able to budget on a six figure income. Everyone has a different story.
If one averaged 100 credit hours a month they would need about $166 per hour to crack 200k. I'm not sure if we will see those kind of rates. Maybe something close to that and retention bonuses would put folks close to the 200 mark. I guess we will find out what the market forces in a few years. |
Originally Posted by JSDL
(Post 2659701)
Yes certain markets are more expensive to live in than others. That's not what I was concerned with neither was whether or not one should be able to budget on a six figure income. Everyone has a different story.
If one averaged 100 credit hours a month they would need about $166 per hour to crack 200k. I'm not sure if we will see those kind of rates. Maybe something close to that and retention bonuses would put folks close to the 200 mark. I guess we will find out what the market forces in a few years. It’s already being done by sim instructors and Check Airmen at YX. Apparently a few who eat sleep and breathe work are cracking $300K as Check Airmen. Sent from my iPhone using Tapatalk |
Originally Posted by TransWorld
(Post 2659546)
Put that in perspective. 38,000 pilots is TWICE the number of pilots at all the regionals, combine.
“May you live in interesting times.” - Attributed to a Chinese Proverb |
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