Realistic Income Boost After Upgrade?

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12-02-2019 | 07:25 AM

rswitz

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Realistic Income Boost After Upgrade?

Let's say one upgrades in a CRJ200 base in their 2nd year. They typically grossed between 5k and 7k monthly because they fly a lot.

What can the same person expect to make as a 2nd year CRJ CA if they fly a lot?

Anyone who has upgraded in their 2nd or 3rd year willing to share any numbers? Thanks!

12-02-2019 | 07:50 AM

Tippy

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From: FO

Honestly you can earn pretty close to the same holding a good line as an FO, vs being a jr captain on reserve not breaking guarantee.

12-02-2019 | 08:39 AM

domino

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Quote:

Originally Posted by Tippy

Honestly you can earn pretty close to the same holding a good line as an FO, vs being a jr captain on reserve not breaking guarantee.

Exactly. I know people who flew a lot as FOs now making less as reserve captains and not getting the per-diem.

12-02-2019 | 09:09 AM

CRJJ

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From: B747 FO

What is a realistic annual income for a 2nd year FO with the new payscale?. By realistic I mean picking up and flying your as off but in a sustainable way.

12-02-2019 | 09:23 AM

rswitz

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Basically what I'm getting at is how hard would it be for a 2nd or 3rd year CA to be doing 100k+?

12-02-2019 | 10:12 AM

Utah

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From: RJ Captain

Quote:

Originally Posted by rswitz

Basically what I'm getting at is how hard would it be for a 2nd or 3rd year CA to be doing 100k+?

I would think a regular line holding captain crediting 90 hours a month would be pretty darn close with the 6 bonuses and per diem. Considering lines are usually built to 87-90 hours it doesn't seem hard. Pick up a little extra here and there and it's certainly possible.

I grossed $98K the year I upgraded. Went to class in January, done with IOE beginning of March. -- And that was 16 years ago.

12-02-2019 | 10:35 AM

rswitz

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Thanks for the info. Second part to my question - do any of you who've bought houses know if mortgage lenders only go by minimum guarantee, or do they average your monthly income?

So if I'm making 80 bucks an hour, my minimum salary is roughly 70k. But if I earn far more than that, will the bank factor that in?

12-02-2019 | 10:48 AM

Gone Flying

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From: UNA

should get close to 100k as a jr CA if u include bonuses, assuming a full year at CA pay (without including per diem). year 3 CA pay next year is around $80/hr. and if you will be a jr lineholder on the east coast you will probably get 88-95 hrs/month. 6 bonus checks will be around 8-10K depending on our profitability and how much you work

12-02-2019 | 10:48 AM

Utah

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From: RJ Captain

Quote:

Originally Posted by rswitz

I've done several mortgages and only had to explain our pay system once. One lady couldn't get past that I wasn't a part time employee since I wasn't paid 40 hours a week. Still got the loan but she was frustrating to deal with. Typically, they've just asked for several years of tax returns and a month or two of paystubs and there haven't been any issues. As a veteran I've used NavyFCU without many issues.