Pilot Shortage: Real or Nah?
07-14-2019 | 07:00 AM
#51
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Joined: Feb 2014
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From: Semi-Retired...
Ton of overtime, but who cares. It’s one year. I upgraded as soon as I hit 1000 PIC and now I can dial it back to a much more reasonable schedule. Even if you have kids/a family they can handle one year; most other high paid jobs will require 150% of you your first year too. Also plenty of instructing/extracurricular options that improve quality of life are now available to basically anyone off probation. Those jobs would’ve required way more experience back in the day.
They can’t keep the seats filled. That’s why you’re getting bonus checks and higher hourly rates. That my friend is a shortage. If there were no shortage you’d still be getting $26 an hour first year.
07-14-2019 | 07:09 AM
#53
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Joined: Jan 2016
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"Interestingly what's developing is not a shortage of 1500hr pilots but rather slightly experienced 2000-4000hr pilots willing to go to ACMI or a good 135 or any pay tier lower than LCC. However, I concede that 121 regional captains will remain to be bottleneck.
Just look at the places that return calls immediately and have class dates like tomorrow. ..that's where they are hurting. Around 5-10 percent of (undesirable)121 jobs I'd surmise."
What companies are you referring to when you say ACMI and good 135's that return calls immediately and have class dates like tomorrow? I'm not opposed to either one if the pay is right and it's a decent company. Every place I've applied to hasn't called. 4200TT, 3 jet type ratings, current regional FO.
Just look at the places that return calls immediately and have class dates like tomorrow. ..that's where they are hurting. Around 5-10 percent of (undesirable)121 jobs I'd surmise."
What companies are you referring to when you say ACMI and good 135's that return calls immediately and have class dates like tomorrow? I'm not opposed to either one if the pay is right and it's a decent company. Every place I've applied to hasn't called. 4200TT, 3 jet type ratings, current regional FO.
135 - basically all of them are hiring and 121 PIC time is golden. Netjets, vistajet, jetsuite x . Just look at the banner ads on this site and jet careers.
07-14-2019 | 07:12 AM
#54
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Joined: Feb 2014
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From: Semi-Retired...
Interestingly what's developing is not a shortage of 1500hr pilots but rather slightly experienced 2000-4000hr pilots willing to go to ACMI or a good 135 or any pay tier lower than LCC. However, I concede that 121 regional captains will remain to be bottleneck.
Just look at the places that return calls immediately and have class dates like tomorrow. ..that's where they are hurting. Around 5-10 percent of (undesirable)121 jobs I'd surmise.
By 2023 the picture could be different but it's anyone's guess.
Just look at the places that return calls immediately and have class dates like tomorrow. ..that's where they are hurting. Around 5-10 percent of (undesirable)121 jobs I'd surmise.
By 2023 the picture could be different but it's anyone's guess.
Precisely why several of the ACMI have increased wages well above the LCC’s. An example, Omni has the highest first year rate in the entire 121 industry at $119 per hour. First year pay is above most regional top step CA pay. The top step 767 pay is $297 an hour and is above several legacy rates on the same equipment.
One thing is for sure, it’s a great time to be a pilot.
Last edited by Cujo665; 07-14-2019 at 07:23 AM.
07-14-2019 | 07:16 AM
#55
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Joined: Feb 2014
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From: Semi-Retired...
"
What companies are you referring to when you say ACMI and good 135's that return calls immediately and have class dates like tomorrow? I'm not opposed to either one if the pay is right and it's a decent company. Every place I've applied to hasn't called. 4200TT, 3 jet type ratings, current regional FO.
What companies are you referring to when you say ACMI and good 135's that return calls immediately and have class dates like tomorrow? I'm not opposed to either one if the pay is right and it's a decent company. Every place I've applied to hasn't called. 4200TT, 3 jet type ratings, current regional FO.
07-14-2019 | 07:50 AM
#57
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If staffing were up to standard there would be zero overtime except for vacations. So, there still exists a shortage. If staffing were up to normal, your income would be your hourly x1000 at best and hourly x900 minimum guarantee.
They can’t keep the seats filled. That’s why you’re getting bonus checks and higher hourly rates. That my friend is a shortage. If there were no shortage you’d still be getting $26 an hour first year.
They can’t keep the seats filled. That’s why you’re getting bonus checks and higher hourly rates. That my friend is a shortage. If there were no shortage you’d still be getting $26 an hour first year.
I’ve always said there’s a shortage. I’ve never argued that there wasn’t.
07-14-2019 | 09:02 AM
#58
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Joined: Jan 2019
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This idea sounds like the selling point used to pay less. Regionals are held to the same 121 standard as mainline. Why would anyone consider it a learning experience? The job should be nearly the same as that of a mainline position.
07-14-2019 | 09:07 AM
#59
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Joined: Feb 2014
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From: Semi-Retired...
1000 PIC is not the same as 1000 TPIC. Several ACMI only list it as a 1000 PIC, unlike the legacies which list 1000 TPIC....
Several LCC’s actively recruit senior regional FOs and junior CA’s that do not have the 1000 TPIC the legacies prefer. It keeps them at the LCC to upgrade, get their hours, and then move on to a legacy before becoming an expensive senior CA. That is happening to a lesser degree now that the LCC’s pay almost as well as the legacies.
Several LCC’s actively recruit senior regional FOs and junior CA’s that do not have the 1000 TPIC the legacies prefer. It keeps them at the LCC to upgrade, get their hours, and then move on to a legacy before becoming an expensive senior CA. That is happening to a lesser degree now that the LCC’s pay almost as well as the legacies.
07-14-2019 | 09:37 AM
#60
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Joined: Jan 2016
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Wrong, if it were simply a hiring wave they’d still be paying new hires $26 an hour. There is a shortage. Hence the significant raises, bonus programs, and 200% and 300% overtime’s. 2006-2013 was a hiring wave, when regionals hired like crazy and 250 hours got you in the door... wages were stagnant. There absolutely is a shortage, initially it was pay and working conditions driven. In just a few years it will become a physical shortage, and globally it will be worse outside the US.
Precisely why several of the ACMI have increased wages well above the LCC’s. An example, Omni has the highest first year rate in the entire 121 industry at $119 per hour. First year pay is above most regional top step CA pay. The top step 767 pay is $297 an hour and is above several legacy rates on the same equipment.
One thing is for sure, it’s a great time to be a pilot.
Precisely why several of the ACMI have increased wages well above the LCC’s. An example, Omni has the highest first year rate in the entire 121 industry at $119 per hour. First year pay is above most regional top step CA pay. The top step 767 pay is $297 an hour and is above several legacy rates on the same equipment.
One thing is for sure, it’s a great time to be a pilot.
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