flyguy81
Well-known member
- Joined
- Dec 22, 2004
- Posts
- 205
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For those of us who got caught at a regional in our early thirties when 9/11 happened and who are now around forty - it is hard to justify a move that will require 7 to 12 years to break even on.
Once you get to a point where you done your "Golden Handcuffs" it is very difficult to go back to making 30G's a year after making 80-90G's a year. I understand the reasoning of both the older generation and younger generation and you are both right. Things will probably improve in the next few years and for somebody who is in his early 30's and single (Or your wife has supporting income) It makes sence to go to the majors. Now for somebody in his mid 40's (My case) It just doesn't make any sence to do that because by the time that I break even in pay is the time my oldest will be going to college and by that time 80 to 90 G's a year won't do anymore.
When you are in your 40's there is only so many years left to secure your retirement and what is it that you are going to do after the final flight. Yes, you do investments and you make a side business but if life trapped you at your mid 40's at the point to make that descision, choose for the higher income for as long as you can.
Contract work outside of the US industry is an option for the older generation
Im not talking about 1st year pay guys....I understand that. Im talking about lousy 5th, 6th, 7th year pay at place like United at a 65 hr guarentee. Take a look for yourself. http://airlinepilotcentral.com/airlines/legacy/united.html
A 10 year 737 FO makes $70,000...SICK
A 10 year 737 FO at WN makes $120,000 atleast. THAT DOUBLE!!
And yes....you will be a 10 year FO at United. Probably a 15 yr FO.
If you are a 10 year F/O at WN, you are holding Lance CA (even in the senior bases). Most of the Lance CA's I fly with try to drop their F/O stuff and fly as CA as much as possible. They make far more than $122K doing this. Upgrades are running 6 years or so right now. Anyone who is sitting F/O at 10 years is doing so by choice.
Trust me, I am having this conversation with myself. I am at XJT, made almost 80K this year and have 3 hard weeks of vacation (which is really 6 the way our contract works). There are also over 2000 pilots at this company jr to me. If I went to CAL, it would take FOUR YEARS (on the 73) to get to my current pay and with no medical insurance for 6 months.
It is crazy when you think about it. How far have we fallen as a group!? All that being said, I started this career with a goal in mind and it was not to fly the F-ing E-145 my whole life so I will continue to look for new opportunites. I will however not leave for certain low cost cariers and other 2nd tier freight types.
Who knows??
pay sucks, but i'm 26 and can't wait to get the heck out of regional land and fly something big. If I got hired in 2-4 years from now....I'll still have 30 years left (35 w/age 65). Lots and lots and lots of time left to make more than what I'll make as a RJ Capt.