CWE, you certainly have a right to an opinion, but what makes it qualified?
"worked in the industry for over 50 years"
"owned several of my own companies"
"worked in government in a regulatory position"
Perhaps your best before date is past?
Which airlines did you work for? Types flown?
Which companies did you own?
What was your position with the regulator? What did you accomplish?
Ships' Captains had to be the worst example to support your argument...
I have a friend who's a coastal pilot in Vancouver and makes more than a 777 Captain at any NA airline taking everything from cruise ships to freighters out of the coastal waterway. He pays taxes in Canada though, cruise/shipping line Captains won't pay tax.... You don't have to believe me though...
Cruise-line companies might be in dire financial straits but their captains are enjoying life on the ocean wave.
The average salary for a cruise-liner captain jumped 22.8 per cent last year to US$153,379, (Dh563,435) with wage rates for master mariners aboard less glamorous bulk carriers and container ships receiving a 16 per cent boost to $110,981.
Cruise-liner captains receive substantially more than the average airline pilot's annual salary in the UAE, which is currently $122,647.
Chief officers aboard cargo ships did even better than their captains in terms of pay rises, logging a 27.5 per cent increase to $82,737 a year.
"Even though the shipping industry is being buffeted by poor vessel earnings, rising costs and ever more stringent regulations, salaries continue to rise," said Mark Charman, the chief executive of the Faststream Recruitment Group, a specialist maritime recruiter based in the United Kingdom that provided the salary survey data.
"The sector suffers from a skill shortage and the pool of highly qualified people continues to shrink. This is both the legacy of a lack of training in the 1980s during the previous downturn and the often perceived low status of jobs in the shipping industry. Companies recognise that good people are not necessarily readily available and need to be retained and properly incentivised."
The survey, carried out last year, was based on the responses of 4,000 shipping professionals working in all the main shipping centres as well as seafaring officers worldwide. It showed the most pressing skills shortage was among second engineers with five years experience.
"It is those candidates in particular who are receiving the top salaries," the survey's authors said.
In other maritime sectors, the survey shows captains working in the offshore industry are also earning a healthy $128,247 on average, although their increase was a more modest 7 per cent last year.
Salaries for ocean-goers, however, do not compare to the specialist rates earned by some inshore marine pilots. On the Panama Canal, senior pilots can make up to $450,000 per year, including overtime, or working "voluntary shifts" above the normal schedule of five weeks on/three weeks off.
San Francisco Bay and the lower Mississippi River are other examples of heavily trafficked waterways where small pilot groups enjoy a statutory monopoly on all work. Last year, members of the San Francisco Bar Pilots reportedly received an average net income of $451,336.
https://www.thenational.ae/business/cru ... s-1.393000
Because maritime pilots have advanced to the top of the maritime profession and are responsible for the most dangerous part of a voyage, they are generally well compensated.[citation needed]
The Florida Alliance of Maritime Organizations reported that Florida pilots salaries range from US$100,000 to US$400,000 annually. This was similar to other US states with large ports.[11] Columbia River bar pilots earn about US$180,000 per year.[12] A 2008 review of pilot salary in the United States showed that pay ranged from about US$250,000 to over US$500,000 per year.[13]
https://en.m.wikipedia.org/wiki/Maritime_pilot
If you don't know what a coastal pilot does:
https://youtu.be/9p_Ji4UHPtM