2024 Regional Pilot Cumulative Compensation
 

Alright lets hear it. What'd You make this year.


SkyWest
CRJ CA
Year 6
500hrs block

$225,000 total
$40,000 in overtime

Net pay 116,000


Own investments gained quite a bit so most likely taxable income is up to about $300,000

What state do you live in where you only get to keep half of the money you earn?

One would hope they're using some lazy accounting to get to that net income math - like not including 401k elective deferrals as income or something. Otherwise it's gotta be California tax math...hopefully based on payroll deductions alone (pre-filing).

Sadly this is the correct answer

I wonder how badly regional carriers want to go back to paying 50 bucks an hour now that pilots are readily available.

I’ve recently had this conversation with several pilots at my regional. Some think it may happen, some don’t. I think it’s definitely possible that they could. And believe regional management is salivating at the idea of it. If we hit a recession or another black swan, it will absolutely happen. The ones who keep saying “nah it won’t go back to that,” don’t understand the cutthroat nature and history of regionals.

All it will take is an economic recession to hit, and then all the regionals will be looking at each other like alright, who’s gonna be the ‘test dummy’ and go first with cutting pay rates. Once a carrier or 2 decides to do it, the rest will follow. Similar to how when the AA WO’s raised the pay in 2022, the rest followed their lead, they had no choice. When there’s downward pressure on the wages, it will go in that direction.

I like how the thread is steering away from what it was intended lol

The unions won't let them do that.

We can only hope

$50? That was junior CA Pay...... it was closer to $22 for new FO's in the early 2000's

Theregionals need to takea page from the mainline legacies and copy eachothers pay scales exactly, with "me too" in case of increases.

The war cry from management when they can whipsaw is always reducing cost to keep competative. If the cockpit costs are the same, there is no cost advantage.... they need to look elsewhere to increase profits, not from employee concessions. The other total failure (of our unions) has been the pattern bargaining on the premise of "industry Standard" or "Industry Average." When one carrier, any carrier, takes a concession.... the new industry average is now lower. This means the next carrier facing "industry average" will get a pay cut further exasperating the downward trend.

Once they are comfortable that the pilot supply is sufficient, they WILL start to look to cut costs, meaning our incomes. They are already pulling back on DEC programs and hiring bonuses.

There is a temporary glut of new ATP's due tot he hiring slowdown at the legacies which will slowly resolve itself. However, we went from producting 2,000 new ATP's in 2015 to producing over 11,000 new ATP's this year. The mainline retirement and growth boom only has about 5-8 more years depending which carrier you're looking at. After that, the 11,000 new ATP's aren't going to have anywhere near the options they have now. Mainline carriers will bring back bachelor degree requirements, 1000 TPIC requirements, 6000 or more TT requirements, among other things. The higher standards will filter into the regional level as well.

It's cyclical... it's happened before, and it will happen again.