Skywest
05-04-2013 | 02:43 PM
#2001
Underpaid...
Joined: Nov 2010
Posts: 2,101
Likes: 0
From: French-Canadian
At eagle we just had a guy whom flowed to AA last month. He was a line check airman, who was topped out in pay and filled BK. he was making more than 150k at eagle and still had to file bk... Yes that's what these FO,are setting themselves up for!
05-04-2013 | 03:50 PM
#2002
Gets Weekends Off
Joined: May 2009
Posts: 1,272
Likes: 0
From: Another RJ FO
That might be part of the problem too though. People are used to living one way, then take a massive pay cut and don't make sacrifices, or didn't have any money saved up to deal with the pay cut.
05-04-2013 | 07:06 PM
#2004
Gets Weekends Off
Joined: Dec 2012
Posts: 344
Likes: 0
First real paycheck? Most of the FOs I know took a pretty big pay cut to come to the airlines from whatever they were doing before. I made more flight instructing than both first and 2nd year pay at the airlines. I've met other people who came from jobs outside of aviation who took much larger pay cuts than I did.
That might be part of the problem too though. People are used to living one way, then take a massive pay cut and don't make sacrifices, or didn't have any money saved up to deal with the pay cut.
That might be part of the problem too though. People are used to living one way, then take a massive pay cut and don't make sacrifices, or didn't have any money saved up to deal with the pay cut.
05-04-2013 | 07:47 PM
#2005
On Reserve
Joined: Jan 2013
Posts: 15
Likes: 0
This career financially is devastating unless you come in with no debt, a good second job and a strict tight budget. The flight schools sure don't push that.
05-05-2013 | 03:12 AM
#2006
Line Holder
Joined: Nov 2012
Posts: 309
Likes: 3
From: Stick Monkey
Just think, if only Skywest or the flight schools had a budget/loan management class as part of the indoc curriculum... I don't see that happening any time soon, Sku 
I agree whole heartedly though. Having crunched the numbers, it's not pretty for years. I can appreciate the fact that you are getting paid for a Type rating and have no contract, but that doesn't pay the bills at the end of the month or help you save for retirement.
I agree whole heartedly though. Having crunched the numbers, it's not pretty for years. I can appreciate the fact that you are getting paid for a Type rating and have no contract, but that doesn't pay the bills at the end of the month or help you save for retirement.
05-05-2013 | 03:13 AM
#2007
Line Holder
Joined: Nov 2012
Posts: 309
Likes: 3
From: Stick Monkey
Does anyone actually take full advantage of the 401k matching they have?
05-05-2013 | 03:19 AM
#2008
Underpaid...
Joined: Nov 2010
Posts: 2,101
Likes: 0
From: French-Canadian
I do, but I also came to this industry with no debt. I had a piggy bank saved up and bought a condo so I am building equity as well (hopefully) but that is the only debt I have obtained since I entered this industry.
05-05-2013 | 03:41 AM
#2009
Banned
Joined: Jan 2006
Posts: 6,929
Likes: 0
From: A-320
You guys have to think outside the box, just marry a wealthy girl,boom problem solved! I have been in this industry for 7 years and have yet to break $50,000 but I live like a king , dump the FA girlfriends and find a women with a good job
, dump the FA girlfriends and find a women with a good job
05-05-2013 | 09:07 AM
#2010
Gets Weekends Off
Joined: Nov 2008
Posts: 249
Likes: 0
From: CRJ
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