Regional Airline Pay
06-04-2009 | 06:48 AM
#21
Self Employed.
Joined: May 2005
Posts: 7,120
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From: Corporate Pilot
Convert to a major
Unless you can convert to a solid legacy at a fairly young age it is difficult to find financial sense this career.
In general wages, QOL and benefits at most regionals fall way short of being worth the investment and sacrifices it takes to get there.
SKyhigh
In general wages, QOL and benefits at most regionals fall way short of being worth the investment and sacrifices it takes to get there.
SKyhigh
06-04-2009 | 07:00 AM
#22
Gets Weekends Off
Joined: Jul 2008
Posts: 366
Likes: 0
From: Stage Left
True, it starts out this way - I used to love the job. Love of the job just goes so far. After swimming a few laps of @#$@#$!, it starts to smell. After a hundred, it tastes bad, and after a thousand, it just isn't worth it. We may be approaching the point where people just have had their fill - and the resignations start to pile up.
FD
FD
Seriously, how many lenders can look at this profession with all the job cuts and furloughs and believe lending is a quality choice? I know the number of people that are starting training is down but I figured that we would hear reports of closings all over the nation.
06-04-2009 | 07:34 AM
#23
Gets Weekends Off
Joined: Feb 2008
Posts: 3,142
Likes: 4
From: FIRE ALPA
Most of the compensation is the satisfaction of doing the job. As a whole, the pilot population would swim laps in a pool of #$@* to continue to fly airplanes for a living because "it beats working", has an awe factor when you tell your friends, the ladies dig it - all of the above.
Accordingly, the ranks will still be filled and lines out the doors if pay was cut even more. Pilots do this job because they love it - then once in, they'll talk about how important pay is. But pay is a secondary concern to most new entrants. Just getting a jet job is the primary success.
Major pilots are paid fairly well. But, even if they weren't, they'd still stick around because after that investment, there is little ability to start over in another career path.
Pilots are their own worse enemies.
Accordingly, the ranks will still be filled and lines out the doors if pay was cut even more. Pilots do this job because they love it - then once in, they'll talk about how important pay is. But pay is a secondary concern to most new entrants. Just getting a jet job is the primary success.
Major pilots are paid fairly well. But, even if they weren't, they'd still stick around because after that investment, there is little ability to start over in another career path.
Pilots are their own worse enemies.
Enjoy your swim, I'll go manage the McDonalds.
06-04-2009 | 11:09 AM
#24
Bracing for Fallacies
Joined: Jul 2007
Posts: 3,543
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From: In favor of good things, not in favor of bad things
Here's what I'm amazed with. How in the #$%%, in today's economy and training costs, can so many people afford to even ATTEMPT to get ratings for this job?
Seriously, how many lenders can look at this profession with all the job cuts and furloughs and believe lending is a quality choice? I know the number of people that are starting training is down but I figured that we would hear reports of closings all over the nation.
Seriously, how many lenders can look at this profession with all the job cuts and furloughs and believe lending is a quality choice? I know the number of people that are starting training is down but I figured that we would hear reports of closings all over the nation.
I'm wondering when the foreign countries are going to stop sending their students over here to train, and start doing it themselves...Any bets?
06-04-2009 | 01:24 PM
#25
Gets Weekends Off
Joined: Jan 2007
Posts: 3,048
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From: Self employed
When it costs more in other countries. Now, the dollar is weak against other world currencies, so it's still cheaper.
And Cessnas and avgas are still cheaper here. And US rules are generally more lax regarding getting the licenses, unless they are getting their JAR here.
06-04-2009 | 02:35 PM
#26
Gets Weekends Off
Joined: Mar 2009
Posts: 100
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From: CRJ 200 Furloughed FO
On the plus side, with Sallie Mae no longer writing aviation loans, and Key bank getting out of the aviation loan business a few years ago, less people will be able to get the funding to attend flight school. This should equal fewer pilots, and push demand up. I think we all agree that a big part of the problem is an abundance of people willing to fly fo peanuts, so this should look good for us. If demand for pilots goes up, maybe pay will too. The other thing to consider is that people are starting to realize that flying pays better overseas. The more pilots over there chasing a decent paycheck, the fewer pilots here to work for food.
06-04-2009 | 08:56 PM
#27
Bracing for Fallacies
Joined: Jul 2007
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From: In favor of good things, not in favor of bad things
On the plus side, with Sallie Mae no longer writing aviation loans, and Key bank getting out of the aviation loan business a few years ago, less people will be able to get the funding to attend flight school. This should equal fewer pilots, and push demand up. I think we all agree that a big part of the problem is an abundance of people willing to fly fo peanuts, so this should look good for us. If demand for pilots goes up, maybe pay will too. The other thing to consider is that people are starting to realize that flying pays better overseas. The more pilots over there chasing a decent paycheck, the fewer pilots here to work for food.
Agreed. I think this will help, plus the age 65, plus the economic turn around should all hit about the same time...or so I hope.
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