Pilot shortage “slowing down “

[confusedalot]

When Big Red has more resumes than they can deal with at a whopping $50,000 a year, there is no pilot shortage.

I learned through many sources that the 50K goes to 80K in four years, and then continues to climb well over the 100k and 200K mark, finishing off at 300K.

Out of curiosity, since I am at the senior and retired end of the business, what type of salaries are we looking at in non airline flying these days? Curious because I can confirm that I was paid crap wages even way back in the day, and wages ever so slowly and painfully went up a little bit over time. Never got air canada when it was my turn, however, if I did, and confirmed by peers of the day who actually got it, I would be, and they are, net worth individuals counted in the multiple millions.

People know that. Not ideal for sure, but you have to play the long game, rarely does anyone become wealthy overnight in any occupation.

Played the non big airline game by circumstance (even big planes), overall financial situation better than lower middle/poverty class, nowhere near the financial independence of a major airline employee.

What type of flying and machines did you retire on confused?

In corporate, particularly under the CBAA section, some guys were hinting at well over 200k as line captains. Likely ultra long flying, similar to what you'd see at Air Canada for the upper echelon pay. Don't know what type of schedule or benefits are associated.

It's easy to say AC is the be all end all and long game, but for many (not all), that lifestyle can jade their perception of aviation. I know some happy characters, and some very bitter characters at AC.

Having said that, my experience in corporate is that I've met a lot of happy campers who wouldn't dream of crossing over. It's just different, not necessarily better, just different.

S.

How many tens of 200K jobs in corporate out ther, and how many thousands of 300K airline drivers out there.

I'll say it a different way; getting a corporate job that pays huge money is extremely rare. Please don't tell me that a citation pilot makes 200K.

Airline types making that king of money; tons of them. Obviously not right away, but pretty much assured over time.

For the idiot who thinks that if you were a pilot and did not make it into the millionaire club, congratulations, you have shit all over the ones who lived bankruptcies, downsizings, and mass layoffs. Yep, you got that right partner, it's all the particular persons fault. Idiot.

[schnitzel2k3]

I learned through many sources that the 50K goes to 80K in four years, and then continues to climb well over the 100k and 200K mark, finishing off at 300K.

Out of curiosity, since I am at the senior and retired end of the business, what type of salaries are we looking at in non airline flying these days? Curious because I can confirm that I was paid crap wages even way back in the day, and wages ever so slowly and painfully went up a little bit over time. Never got air canada when it was my turn, however, if I did, and confirmed by peers of the day who actually got it, I would be, and they are, net worth individuals counted in the multiple millions.

People know that. Not ideal for sure, but you have to play the long game, rarely does anyone become wealthy overnight in any occupation.

Played the non big airline game by circumstance (even big planes), overall financial situation better than lower middle/poverty class, nowhere near the financial independence of a major airline employee.

What type of flying and machines did you retire on confused?

In corporate, particularly under the CBAA section, some guys were hinting at well over 200k as line captains. Likely ultra long flying, similar to what you'd see at Air Canada for the upper echelon pay. Don't know what type of schedule or benefits are associated.

It's easy to say AC is the be all end all and long game, but for many (not all), that lifestyle can jade their perception of aviation. I know some happy characters, and some very bitter characters at AC.

Having said that, my experience in corporate is that I've met a lot of happy campers who wouldn't dream of crossing over. It's just different, not necessarily better, just different.

S.

How many tens of 200K jobs in corporate out ther, and how many thousands of 300K airline drivers out there.

I'll say it a different way; getting a corporate job that pays huge money is extremely rare. Please don't tell me that a citation pilot makes 200K.

Airline types making that king of money; tons of them. Obviously not right away, but pretty much assured over time.

....

If it takes you 20-25 years to get to making 300k (777 Captain pay falls in that range and I think the left seat is that far out, please correct me if I'm wrong), and instead choose to make an even 150k-200k now 10-15 years earlier and work a fraction as much, who's the winner?

I'll let you in a secret, it's whoever is the happiest confusedalot.

I'm sure the average salary on the corporate side is on the surface lower, but most guys are only on the road 100-200 flight hours a year. Charter ~400ish. In most cases it makes for a decent family life, sometimes there is a little bit of organized chaos, but tell me what job doesn't have that.

I don't know any citation guys earning 200k+, but I know a lot of young jet captains and some fo's comfortably earning 100k+ on this side, and they are just starting their careers (sub 5 year total mark). Pay is steadily creeping up as more pilots head to the BOTL at the majors.

The big thing I emphasize to guys asking which cannot be ignored, is the lack of stability in corporate. Having a continuously evolving backup plan, keeping your ears to the ground, listening for rumours (while not creating them) and being flexible are all par for the course to keeping afloat career wise.

Now I know the AC pension was something to strive for years back, but everyone nowadays has a decent contribution plan and mixed deferred profit sharing plans. The trick for retirement is to make enough early on, so you can actually save.

Is my philosophy right? Only time will tell. Who knows, give it 10 years and I may be singing a different tune.

All I can say is that I am proud of what I do, I am happy doing doing what I do, and I am lucky enough so far to have the Canadian dream

Hurrah.

S.