[QUOTE=VegasChris;3170405]Thats fair, and I do expect prices to rise to cover costs once the the economy starts to recover. Its also true thay pilot pay at the legacies does help across the board. So maybe the days of captains making 350k a year (or more) for working 10 days a month are coming to an end. If that happens and salaries stagnate it might even the playing field of having the LCC jobs be just as desirable as the legacy. If all airlines pay somewhere near 200k a year across the board for 737 captains with equal benefit packages then it would eliminate the need to ever make it to a legacy. Getting a LCC job would be just fine. There would still be a line of people wanting to be airline pilots.
What does scare me is what pay Breeze is offering right now and where they have set their minimum requirements at. The return on investment with those requirements (36k a year, type rating prior to employment, tons of multi turbine time etc) is just not there. If that becomes the new norm I will just hope JeBiden pays off my student loans I took out for flight training and stay in my current career field and fly piston planes for fun on my days off.
My best guess is that the average a civilIan pilot will spend 2-5 years getting qualified to get to a regional and then should make it to a 737 or 320 within 5-10 years from he point when they first decided they wanted to be a commercial pilot. At that point they will probably have invested anywhere from 50-120k for education and have a career that is paying close 200k a year by the time they upgrade at a legacy or LCC. That is still a really good return on investment. Probably better than a doctor or a lawyer.....and that doesn't even include the enjoyment factor.[/QUOTE
You are pretty far out of the loop, if you think the pay at LCCs or ULCCs has not already closed a gap to Legacies. At least in terms of narrow body pay , as all LCC's obviously only fly those aircraft . If you knew any captains at WN, B6, NK, F9... Etc I would gurantee that they would tell you that they are making far more than 200k a year. I mean, you have FOs making 200k at LCCs. With the LCCs also giving you somewhere between 12-16% DC in your 401k and after Covid -19 , showing the strengths and positives of their business models , I think going forward , they will become even more desirable jobs in an already highly competitive market . Same goes for ACMIs and Cargo outfits . IMO.