I can not believe what I read when I see pilots ripping other pilots about pay and union issues. Look around guys, the whole industry is falling apart - but be real, it is not because the pilot is paid too much!
The cost of operating a multi-million dollar jet includes the money paid to a pilot - any pilot. But yet companies will let you believe that this is a major factor - two $100K/per year pilots . . . The annual cost per year is say $150K, for training, salaries and benifits per pilot, per aircraft. At NetJets we operate 5 crewmembers per aircraft so that comes to $750K per year per aircraft. An Ultra - the smallest in the fleet - charges about $10K a month to each owner per month for operational charges . . . $120K per year - up to 16 owners per aircraft comes to a cool $1,920,000 per aircraft for "management costs" only - there is a per hour cost as well. Now, granted every aircraft will not have 16 owners, but even with the minimum of 8 per aircraft the revenue is $960K.
Most here at NetJets are not saying EVERY Ultra pilot sould make a $100K or more, but when we are told our company can't afford it - we are insulted. A 5 year Captain should make a little more than $69K a year - especially when required to live in 5 of the most expensive places in the United States.
I am not crying because my pay is too low, I am not crying because I work too hard. My complaint is my Company promised to treat me as a professional aviatior, then compensate me like a private pilot. They say they have to, they don't have the money, yet they charge more than any other fractional, almost as much as a charter, but pay the least. Berkshire Hathaway says we are the most finacially secure aviation company in the world - yet they pay the pilots well below what they should.
Now go ahead, say "what did you expect, flying fractional . . ." My answer to this is: I expect to be paid a living wage. $42K in Los Angeles (where I live) is not a living wage. My kids qualify for reduced lunch at school. Pathetic. I work too hard to deserve this. Why don't I leave? I will. You can come to work here, fly these broken down planes for a while and go broke too.
The cost of operating a multi-million dollar jet includes the money paid to a pilot - any pilot. But yet companies will let you believe that this is a major factor - two $100K/per year pilots . . . The annual cost per year is say $150K, for training, salaries and benifits per pilot, per aircraft. At NetJets we operate 5 crewmembers per aircraft so that comes to $750K per year per aircraft. An Ultra - the smallest in the fleet - charges about $10K a month to each owner per month for operational charges . . . $120K per year - up to 16 owners per aircraft comes to a cool $1,920,000 per aircraft for "management costs" only - there is a per hour cost as well. Now, granted every aircraft will not have 16 owners, but even with the minimum of 8 per aircraft the revenue is $960K.
Most here at NetJets are not saying EVERY Ultra pilot sould make a $100K or more, but when we are told our company can't afford it - we are insulted. A 5 year Captain should make a little more than $69K a year - especially when required to live in 5 of the most expensive places in the United States.
I am not crying because my pay is too low, I am not crying because I work too hard. My complaint is my Company promised to treat me as a professional aviatior, then compensate me like a private pilot. They say they have to, they don't have the money, yet they charge more than any other fractional, almost as much as a charter, but pay the least. Berkshire Hathaway says we are the most finacially secure aviation company in the world - yet they pay the pilots well below what they should.
Now go ahead, say "what did you expect, flying fractional . . ." My answer to this is: I expect to be paid a living wage. $42K in Los Angeles (where I live) is not a living wage. My kids qualify for reduced lunch at school. Pathetic. I work too hard to deserve this. Why don't I leave? I will. You can come to work here, fly these broken down planes for a while and go broke too.