AC pilot salaries now?

[Civic]

Hi guys, curious what a 20 year plus 787 pilot is making now and if any had to drop down to a smaller airplane? I’m assuming the pilots are sharing the time so there are minimum layoffs .
Thanks again

[shimmydampner]

Allow me to be the first to say........

500

[Civic]

Allow me to be the first to say........

500

500??

[short bus]

You new here??

['97 Tercel]

Allow me to be the first to say........

500

Per day?

Per week?

doesn't matter, I'll do it for nothing

[pilotbzh]

@55h a 787capt is pulling only about 15500/month.... Was about 22500 at 80h

[dhc#]

What's Calin's hourly rate ?

[7ECA]

What's Calin's hourly rate ?

Last year he was paid around $12,000,000 - but there's all sorts of additional little perks that add up as well, but you don't need to know about that.

Let's just ballpark things, and call Calin a "working stiff"; 40 hour week, working roughly 50 weeks a year... Works out to $6,000/hour.

[mbav8r]

What's Calin's hourly rate ?

Last year he was paid around $12,000,000 - but there's all sorts of additional little perks that add up as well, but you don't need to know about that.

Let's just ballpark things, and call Calin a "working stiff"; 40 hour week, working roughly 50 weeks a year... Works out to $6,000/hour.

Don’t get me wrong, that’s a lot of money but I guarantee he is working way more than 40 hours per week and if CCAA is avoided, he will have earned every single penny in my book.

[rudder]

CR turns 65 in September.

The TRZ acquisition would have been his swan song. He could take a victory lap probably would have planned an exit in 2021 with AC sitting on record revenues and record profits.

Now it is likely 3 years to revenue recovery and the TRZ acquisition looks more like a bitter pill than a stroke of financial and strategic brilliance.

Will he stick around until 2023? Possible but it won’t be the script that he had originally written for himself or for AC.

[goldeneagle]

@55h a 787capt is pulling only about 15500/month.... Was about 22500 at 80h

And then you folks all wonder why nobody listens to the crybaby pilots whining about poor wages...

[Hangry]

@55h a 787capt is pulling only about 15500/month.... Was about 22500 at 80h

And then you folks all wonder why nobody listens to the crybaby pilots whining about poor wages...

Imagine how upset you'd be if they were actually paid what they were worth like our neighbours south of the border.

[FL-280]

And we are talking about a 21-23 year seniority position at AC! Lifetime of eating shit before MAYBE getting to that point. It's worth every dollar and then some

[hithere]

Unfortunately I think those salaries south of the border of which we have been so envious in the past couple of years may be in for a haircut. We might need to just try to hold on to what we have in Canada.

['97 Tercel]

@55h a 787capt is pulling only about 15500/month.... Was about 22500 at 80h

And then you folks all wonder why nobody listens to the crybaby pilots whining about poor wages...

Bitter much?
Don't get your knickers in a knot

[altiplano]

Anyone whining that 180k is too much doesn't get it... and hasn't seen the tax bill, let alone that of the guys at 300K.

[ayseven]

I think it is terrible that most pilots don't make anywhere near that, considering the responsibility and efforts made to get there. As we know too well, average salaries and conditions for pilots are not very good, but there is always that carrot... Although CR is overpaid - those CEO types are all replaceable - I'd do it for $500 - anybody flying and getting big bucks at airlines deserves full marks in my books. Most have paid a lot of dues to get there, don't kid yourselves.

[aV1aTOr]

A 10 year 787 FO is making ~$200k/yr. About $9k/month after tax, with an additional $1k per dium on top. So it definitely doesn't take 20 years to reach the decent money at AC. (this is of course at a normal 75-80 hours/month)

[montado]

Anyone whining that 180k is too much doesn't get it... and hasn't seen the tax bill, let alone that of the guys at 300K.

Actually everyone knows what the tax bill is because the 300k a year pilot pays the exact same taxes as the 60k a year pilot on the first 60k of income.

Funny how people complain about taxes when it's sliced the same way for everyone.

[Hangry]

Anyone whining that 180k is too much doesn't get it... and hasn't seen the tax bill, let alone that of the guys at 300K.

Actually everyone knows what the tax bill is because the 300k a year pilot pays the exact same taxes as the 60k a year pilot on the first 60k of income.

Funny how people complain about taxes when it's sliced the same way for everyone.

What about the other 240K. What are you saying?

[montado]

Anyone whining that 180k is too much doesn't get it... and hasn't seen the tax bill, let alone that of the guys at 300K.

Actually everyone knows what the tax bill is because the 300k a year pilot pays the exact same taxes as the 60k a year pilot on the first 60k of income.

Funny how people complain about taxes when it's sliced the same way for everyone.

What about the other 240K. What are you saying?

The pilot with 60k a year income doesn't pay taxes on income they done make. They just pay the same taxes that the 300k a year pilot made on their first 60k of income.

If you make more money, you pay more taxes. Is this not how it should be? If you want to pay less taxes, feel free to distribute some of your wealth to the lower income earners. Thousands of the lower income earners would love to earn more income and pay more taxes.

[Hangry]

Actually everyone knows what the tax bill is because the 300k a year pilot pays the exact same taxes as the 60k a year pilot on the first 60k of income.

Funny how people complain about taxes when it's sliced the same way for everyone.

What about the other 240K. What are you saying?

The pilot with 60k a year income doesn't pay taxes on income they done make. They just pay the same taxes that the 300k a year pilot made on their first 60k of income.

If you make more money, you pay more taxes. Is this not how it should be? If you want to pay less taxes, feel free to distribute some of your wealth to the lower income earners. Thousands of the lower income earners would love to earn more income and pay more taxes.

So taxes aren’t the same for everyone. Not even close.

The ceiling should be 60k???

WHAT ARE YOU SAYING???

Edit....who cares. This is by far the stupidest thread I’ve commented on.

[trey kule]

I think he is trying to explain that he really does not know how tax rates in Canada works.

Simply put. If you make 60k a year you will take home about 40k.You can reduce that further by maximizing a registered pension contribution.

If you make 5x that amount (300k), you will not be taking home 5x as much. About 3.5x as much. Why. Because taxes increase on higher amounts up to 52%. And the ability to use a tax deferral scheme like an RRSP is also limited.

Compare that to other tax jurisdictions. Some with literally no payroll taxes. Others with 5-15%.

Montado. You seem to be as informed on taxes as I would expect someone to be in their early twenties. Socialism and wealth distribution is a slippery slope,

Btw. The take home vs gross pay were for illustration and not accuracy

[altiplano]

Actually everyone knows what the tax bill is because the 300k a year pilot pays the exact same taxes as the 60k a year pilot on the first 60k of income.

Funny how people complain about taxes when it's sliced the same way for everyone.

What about the other 240K. What are you saying?

The pilot with 60k a year income doesn't pay taxes on income they done make. They just pay the same taxes that the 300k a year pilot made on their first 60k of income.

If you make more money, you pay more taxes. Is this not how it should be? If you want to pay less taxes, feel free to distribute some of your wealth to the lower income earners. Thousands of the lower income earners would love to earn more income and pay more taxes.

I'm not sure if you're just being obtuse or don't understand?

There's a progressive tax rate in this country. You don't pay the same taxes on the first 60K as the next 60K.

Also, the less income you make the more you get back in various government handouts. In fact 40% of Canadian household get back more than, or as much as they pay so in effect pay no income tax at all.

20% of Canadian households are paying 70% of the taxes. 10% are paying 54% of the taxes. And the sad thing is, that most of those aren't the real rich people who are able to structure, shelter, and distribute their earnings through various schemes like paying dividends and family members. They are just middle class and upper middle class folks with decent jobs and all that tax comes off at source and redistributes to the above mentioned 40% of Canadians.

[ayseven]

The part that gets me, is that because you happen to have a few good years, the government assumes you must always and forever be making good bucks. Most careers don't work like government employees, where once in, always in. Business goes up and down. This is why you see stories of people getting taxed at 100%, because the government is trying to get back what you - inadvertently or not - did not pay in previous years, even though your income now may be a small fraction of what it was. Basically, progressive tax means you pay MORE than MORE, if that makes sense. The system disincentives a bigger salary or income. That does not seem very good to me. Now, if you turn that big salary into millions, you are dealing with people who cannot possibly put that money back into the economy to live like kings, and they should be taxed accordingly.

The easy solution is to make lots, retire as soon as you can, and live off less. Fun, eh?