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Originally Posted by TonyWilliams
(Post 307116)
but be cognizant that if DAL merges with NWA, I see Compass and Mesaba getting NWA furloughees as flow backs, putting maybe you on the street (if you're there).
Mesaba is a different situation though. Only the amount that has flowed up can flow back. I'm not even sure right now if we would get 3 flowbacks if it happened tomarrow. 3 per month for the first (next) 9 months and 9/mo. after that. |
well thank you guys/gals for your imputs...Ill tell you where Im right now...
Im 38 years old been flying since I was 25. Worked for ford,volkswagen,fiat and peugeot for 10 years and to be honest I hated (office jobs)...Now I have my own diving company here in san diego, doing well and have a lot of free time, some I decided to jump back into my flying career,and to be honest Im quite surprise on the minimum requierements to fly a plane with passangers. Now I need to get current since last time I flew was 2001. Again thank you |
Oh I forgot my ultimate goal is try to get on with a Legacy o Mayor
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Originally Posted by p1ayn
(Post 307193)
If i was in my 20's and still had the option of knowing what I know now, I would jump. Good career ONLY if you have the passion of flying. Unfortunately I still do, however if one young un-jaded adult would ask for advice, I would also highly recommend another "prestigious" career. Medical profession, Lawyer, etc. but if airline flying is what its going to be, then do your homework as mentioned and involve everyone that will be in your life throughout your journey in chasing this brass ring because they will be affected in your quest. |
It all depends how bad you want to fly. If you already have the ratings, that is one thing. If you don't have your ratings and are gonna drop 50k on flight training that is another. Take this into consideration when you make a decision, are you gonna be able to pay on that 50k loan plus survive when you make 18-20k a year? That should be the real question.
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Originally Posted by Knightrider
(Post 307324)
It all depends how bad you want to fly. If you already have the ratings, that is one thing. If you don't have your ratings and are gonna drop 50k on flight training that is another. Take this into consideration when you make a decision, are you gonna be able to pay on that 50k loan plus survive when you make 18-20k a year? That should be the real question.
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Originally Posted by Knightrider
(Post 307324)
It all depends how bad you want to fly. If you already have the ratings, that is one thing. If you don't have your ratings and are gonna drop 50k on flight training that is another. Take this into consideration when you make a decision, are you gonna be able to pay on that 50k loan plus survive when you make 18-20k a year? That should be the real question.
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It's KITT,:D and yes your quite right, everyone's situation is different.
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Originally Posted by Knightrider
(Post 307334)
It's KITT,:D and yes your quite right, everyone's situation is different.
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Originally Posted by papacharlie
(Post 307247)
well thank you guys/gals for your imputs...Ill tell you where Im right now...
Im 38 years old been flying since I was 25. Worked for ford,volkswagen,fiat and peugeot for 10 years and to be honest I hated (office jobs)...Now I have my own diving company here in san diego, doing well and have a lot of free time, some I decided to jump back into my flying career,and to be honest Im quite surprise on the minimum requierements to fly a plane with passangers. Now I need to get current since last time I flew was 2001. Again thank you
Originally Posted by papacharlie
(Post 307251)
Oh I forgot my ultimate goal is try to get on with a Legacy o Mayor
You're 38. Lets say it takes you a year or 2 to get current and comfortable with your flying (I am assuming you've already got all your ratings and 600-700TT/50ME). Now you're 40 and get on with a regional. You spend 5-10 years at a regional now you're close to 50. That really only gives you 10-15 years at a major. This is how the money breaks down with some rough numbers. Bear in mind that these are conservative numbers, shooting for middle of the road on pay, not taking into account furlough or concessions and about 900 hours/year (75/mo). They also don't take into count down time from training cycles, loss of vacation and sick time when you change companies and the quality of life hits you get when you are a junior FO and a junior CA both at the regional and the major. Year Position__Earnings 1......Regional FO...21,000 2......Regional FO...36,000 3......Regional FO...39,000 4......Regional CA...61,000 5......Regional CA...64,000 6......Regional CA...66,000 7......Regional CA...68,000 8......Major FO.......32,000 9......Major FO.......56,000 10....Major FO.......66,000 11....Major FO.......72,000 12....Major FO.......77,000 13....Major FO.......79,000 14....Major FO.......80,000 15....Major FO.......82,000 16....Major CA.......130,000 17....Major CA.......133,000 18....Major CA.......136,000 19....Major CA.......139,000 20....Major CA.......141,000 21....Major CA.......143,000 22....Major CA.......144,000 Total Earnings: $1,865,000 For these numbers I assumed you'd look at a "career regional" like Horizon, which is where the numbers come from. Horizon also has one of the best 401K matches and work rules in the business. Year Position__Earnings 1......Regional FO...26,000 2......Regional FO...36,000 3......Regional FO...38,000 4......Regional FO...40,000 5......Regional FO...42,000 6......Regional FO...44,000 7......Regional CA...70,000 8......Regional CA...73,000 9......Regional CA...76,000 10....Regional CA...86,000 11....Regional CA...88,000 12....Regional CA...91,000 13....Regional CA...94,000 14....Regional CA...96,000 15....Regional CA...99,000 16....Regional CA...103,000 17....Regional CA...105,000 18....Regional CA...109,000 19....Regional CA...110,000 20....Regional CA...111,000 21....Regional CA...112,000 22....Regional CA...113,000 Total Earning: $1,762,000 So when you get down to it, the total earnings are not significantly different but you quality of life won't fluctuate once you get a year or 2 under you in your seat. You'll find when you get to the majors, where movement is much slower than at the regionals, that you may be "junior" for a long time. Whether that means more time on reserve, less desirable trips or lower paying aircraft, it all impacts your quality of life. So if it was me, and I didn't really need the money because of my second income stream, I'd enjoy the lifestyle, get paid to fly airplanes once in a while and enjoy the good life. |
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