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“The big dollars are paid by the Chinese”
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If you grew up dreaming that you’d like to soar through the skies, then becoming an airplane pilot could be a rewarding career path for you. However, it’s also a heavily regulated industry, and getting behind the controls of an airplane requires significant training. Pilots do much more than simply fly the plane — although, that is one of their main duties, of course. Before and after each flight, a pilot must check the overall condition of an aircraft, verify that the plane is weight-balanced and ensure that the fuel supply is adequate. A pilot must also prepare and submit flight plans to air traffic control, as well as communicate with the controllers before and during the flight.
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This post contains references to how much money do air canada pilots make from one or more of our advertisers. We may receive compensation when you click mmoney links to those products.
Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page. Couple this with profit sharing, and this experienced airman will have banked millions of dollars in earnings by the time he retires in 10 years.
You can bet your captain started her, or his, career with a steady diet of ajr noodles at a regional airline. Most regionals pay similar rates, in a combination of hourly scale and standard industry bonuses. Pilots can also earn a few thousand by referring flight school buddies to the regional. The reasons are simple, said Robert Mann, an industry expert and consultant to airlines. During two decades when legacy ma,e whipsawed regional airline contract rates, pilot salaries were stagnant.
A young pilot with student debt or a family, or both, simply could not afford such a low salary; many left the industry. Coupled with legislation that extended mandatory retirement for pilots to 65 years from 60 years, upward progression in the lower ranks tightened.
Salaries now are trending upwards. That same captain is looking to be called up to a mainline carrier, which can take between two and six years at the regional airline. But with that move, comes a demotion: the regional jet captain will shed the four stripes on the epaulets marking the top rank aboard the plane, and go back to the three stripes of a ,uch officer.
And the pay? Then there is profit sharing and a defined contribution plan. The big money starts when the music stops next: from the right to the left seat again, at the mainline carrier.
Boeing, which forecasts airline industry growth, predicts that over the next 20 years that Asia will requirenew pilots, compared tofor North America andfor Europe. If you have hours as a captain in a Boeing or A, Asia beckons.
Salaries are far higher than in the US for the equivalent-time pilot. These pilots pay their taxes in China, and offset their US taxes accordingly to remain virtually tax free at home. Making the leap to a Chinese airline is canasa without pitfalls. Industry sources say that flying in China is a money-making opportunity for young, single pilots without families. You might be living in a smaller city, where little English is spoken.
Ross counters that many families are making the leap, amke that quality of life, and work conditions have improved over the past years. Chinese airlines are not bringing over US first officers. It is difficult to train and upgrade Western first officers, because of language barriers.
The instructors may not speak English. Pilots are sitting pretty, no matter where they fly. A six-figure salary is guaranteed through a built-in career progression, as are 12 days off per month or.
And their bank accounts and retirement plans look solid. Disclaimer: The responses below are not provided or commissioned by the bank advertiser.
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Skip to content. Pulots your travel. Advertiser Disclosure. Mike Arnot. An Upward Trend During two decades makd legacy airlines whipsawed regional airline contract rates, pilot salaries were stagnant. Not bad. But alr like in Asia. Sign up for our daily newsletter. Sign up. I would like to subscribe to The Points Guy newsletter and special email promotions.
The Points Guy will not share or sell your email. Please enter a valid pjlots address Please check mailing preferences. A private pilot, he can sometimes be found above hod skies of New York City. Has the Chase Sapphire Reserve ait dethroned for leisure travelers? Your pilot might commute to work. By plane. From Germany. No Foreign Transaction Fees. Terms Apply. Terms and restrictions apply.
An Upward Trend
That means: Treat others as you wish to be treated Criticize ideas, not people Stay on topic Avoid the lilots of toxic and offensive language Flag bad behaviour Comments that violate our community guidelines will be removed. Employee Engagement. Have an interview with silver scdugled and was hoping to get a few questions answered. Compare the gender breakdown at Air Canada with similar employers. We hope to have this fixed soon.
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