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You guys might want to look into Capitalism and how free markets work. Competition is how free markets work and it's not 'putting downward pressure on us all'. Or, better put, if it is then it's doing what it was designed to do.
BTW, our pay isn't putting downward pressure on anyone. I made 106K per year flying a 12,100 lb plane. Prop at that as some like to point out. Pound for pound I think my salary compares favorably. I was a 6 year Captain.
I just can't sit here and watch totally unfounded posts fly by without saying something. Blaming the competition for your pay is insulting. Especially when our pay surpasses yours on an airframe basis.
I know I'm yelling into the abyss here and none of you are changing your minds and will continue to think Avantair caused all of your problems and maybe even caused the stock market to crash and prevented the cure for Cancer...but sorta felt like I needed to vent anyway.
Continue bashing away please.
Then again, back when things were going good for fractionals, it sure did turn out to be nothing more than an aircraft ponzi scheme anyhow....
They are still grounded? Hopefully when they are back up and running they get back pay, that is BS the company just leaves the pilots hanging.