Does anybody like Being an Airline Pilot?
07-05-2007, 05:04 PM
#232
Banned
Thread Starter
Joined APC: Jan 2006
Position: A-320
Posts: 6,929
Originally Posted by SkyHigh
Yes he does and has been gainfully employed at a strong salary since graduation.
SkyHigh
SkyHigh
Seems to me The Industry is in an upswing and you will be even more bitter when we all start leaving for bigger and better things and your stuck selling some bull**** houses to Bull**** people
07-05-2007, 05:08 PM
#233
Self Employed.
Joined APC: May 2005
Position: Corporate Pilot
Posts: 7,119
Love Aviation
Originally Posted by Hacker15e
Apologies about the slight thread derail....
SkyHigh -
Like a lot of people here, I still just don't get you, man. Wasn't it just a little bit ago that you posted that you'd re-lit the fire to get hired by Alaska?
It's obvious that you love aviation...otherwise you wouldn't keep posting here. This thread asks if anyone actually enjoys being an airline pilot...and I know from your posts that there is a part of you that indeed enjoyed the job when you were doing it and a part that wishes you could continue to do it today.
On the other hand, the content of your posts are well evident to everyone who visits this site -- you are the intentional antithesis of everyone who is enthusiastic about this career field.
So...what exactly is your point? Why do you stay engaged on this board?
SkyHigh -
Like a lot of people here, I still just don't get you, man. Wasn't it just a little bit ago that you posted that you'd re-lit the fire to get hired by Alaska?
It's obvious that you love aviation...otherwise you wouldn't keep posting here. This thread asks if anyone actually enjoys being an airline pilot...and I know from your posts that there is a part of you that indeed enjoyed the job when you were doing it and a part that wishes you could continue to do it today.
On the other hand, the content of your posts are well evident to everyone who visits this site -- you are the intentional antithesis of everyone who is enthusiastic about this career field.
So...what exactly is your point? Why do you stay engaged on this board?
That being said; I also can not afford to waste another day on reserve for a crummy company nor will I sacrifice the happiness of my family through accepting yet another dead end low paying flying job. All I can do now is to sit tight and hope that I can find a situation that meets my needs.
If Alaska Airlines calls I will get my suit out however if SWA calls I will let it go to voicemail.
SKyHigh
07-05-2007, 05:14 PM
#234
Self Employed.
Joined APC: May 2005
Position: Corporate Pilot
Posts: 7,119
I think it is great.
Originally Posted by SAABaroowski
Hey, Skyhigh, what do you think about those guys/gals at SWA, UPS, FedEx, CAL, DAL who are/will be making very good money Flying airplanes, not to mention the other legacy airlines beginning hiring as well as contract negotiations coming around, do you think these pilot groups arent going to get pay raises???????????? And dont give me that BS line how getting a job with a legacy is like winning the lotto, I have flown with many CA's who are leaving for legacy carriers and they just applied like everyone else............
Seems to me The Industry is in an upswing and you will be even more bitter when we all start leaving for bigger and better things and your stuck selling some bull**** houses to Bull**** people
Seems to me The Industry is in an upswing and you will be even more bitter when we all start leaving for bigger and better things and your stuck selling some bull**** houses to Bull**** people
Just hope that your turn comes up before the next wave of layoffs and furloughs or else you could suffer the same fate. Enjoy the good times they seem to linger less than in the past.
Skyhigh
07-05-2007, 05:16 PM
#235
Self Employed.
Joined APC: May 2005
Position: Corporate Pilot
Posts: 7,119
Well it dosent
Originally Posted by bigscrb15
Sure it doesn't.......
There is always an opportunity in the real estate business. When times are bad buy when they are good build.
SkyHigh
07-05-2007, 05:33 PM
#236
Banned
Thread Starter
Joined APC: Jan 2006
Position: A-320
Posts: 6,929
Originally Posted by SkyHigh
A few people will get hired, new fairytale stories will be made and everyone will forget about the last 6 years of blood bath and of the generation of pilots who were swept under the carpet. A few companies will extend modest pay raises and no one will stop to consider that wages are still far below what pilots made 20 or even 10 years ago.
Just hope that your turn comes up before the next wave of layoffs and furloughs or else you could suffer the same fate. Enjoy the good times they seem to linger less than in the past.
Skyhigh
Just hope that your turn comes up before the next wave of layoffs and furloughs or else you could suffer the same fate. Enjoy the good times they seem to linger less than in the past.
Skyhigh
07-05-2007, 05:35 PM
#237
Line Holder
Joined APC: Feb 2006
Posts: 27
Originally Posted by SkyHigh
I sell rentals.
There is always an opportunity in the real estate business. When times are bad buy when they are good build.
SkyHigh
There is always an opportunity in the real estate business. When times are bad buy when they are good build.
SkyHigh
You said you build houses, never mentioned the rentals. Now that you mention it, I understand how you can survive in the slow times. At least you were smart enough to set-up different ways to make it in a tough industry.
07-05-2007, 06:40 PM
#238
Gets Weekends Off
Joined APC: Apr 2007
Posts: 187
Originally Posted by SAABaroowski
I agree the pay it seems will never go back to where it was, its funny everybody here including myself praises SWA pay, but in reality they were sub-par YEARS AGO, people oooogle at it because everybody else just went so low, meanwhile NWA DC-9 Ca pay used to be like $190.00/hr, now people are happy flying CRJ-900 for $60/hr as a CA................ Only the airline Industry can go backwards in pay, the cost to run an airline goes way up, pax tickets go down as well as QOL and Pay of the pilots, I hope these pilots have the balls to stand up to management this time around...........
07-05-2007, 06:51 PM
#239
Gets Weekends Off
Joined APC: Jan 2006
Posts: 305
Originally Posted by Deez340
Adjusted for todays dollars and assuming an average of 4% inflation of the next 35 years the numbers are 1.15 mil with retirement income of 80k-100k per year. again that's today's dollars and only 500 per month. You should be able to do much more than that with matching funds and proper budgeting. your example of your parents house is an isolated case of inflation/appreciation in one of the most expensive real estate markets in the world.
PS
start at 23 and it's 7.5 mil (2.1 in today's dollars) so start early and pay yourself instead of GMAC.
PS
start at 23 and it's 7.5 mil (2.1 in today's dollars) so start early and pay yourself instead of GMAC.
$500/month for 35 years at 12% is $3.2 million as you say. Discounted back to present value assuming 4% inflation per year is $815,000. Assuming you live until 95, your retirement income will be nearly $400,000/year (the number is significantly less in terms of todays dollars, after being adjusted for inflation).
Last edited by JMT21; 07-06-2007 at 08:07 AM.
07-05-2007, 07:44 PM
#240
Gets Weekends Off
Joined APC: Jun 2007
Position: 757/767
Posts: 890
Originally Posted by JMT21
I couldn't agree more with what your saying. Putting money away while your young and living below your means is key. I think your numbers are a little off though:
$500/month for 35 years at 12% is $3.2 million as you say. Discounted back to present value assuming 4% inflation per year is $815,000. Assuming you live until 95, your retirement income will be nearly $400,000/year (thats in todays dollar and would be significantly less adjusted for inflation).
$500/month for 35 years at 12% is $3.2 million as you say. Discounted back to present value assuming 4% inflation per year is $815,000. Assuming you live until 95, your retirement income will be nearly $400,000/year (thats in todays dollar and would be significantly less adjusted for inflation).
I've rechecked and my original post was very accurate. 
Thread
Thread Starter
Forum
Replies
Last Post
