I feel somewhat qualified to speak to careers at both the airlines (i've worked at 3 regionals, an LCC, and a major) and corporate (I currently work at a Fortune 500).
I can not speak for what life is like at a charter (135) or fractional.
I agree with the poster who suggested it is much too early for you to become singularly focused on one segment of aviation. You have quite a bit of experience to be gained before you even need to consider such a decision.
However, from an academic standpoint I am more than happy to share with you how I came to the decision to seek employment with a corporate flight department.
There are a few things to consider before you look at this list though. I took my first flying job within six months of graduating college. It was as a freight pilot flying a light twin. Less than a year later I was working for a commuter (we called them commuters back when we flew 19 seat turboprops with no autopilot). I was 22 years old and on the fast-track for the airline career. By 25 I was a DC9 copilot for a low-cost carrier who furloughed me six months later. Even then I was not deterred and less than six months after that I was flying for a major airline before I was 26.
At 29 I reached the Pinnacle of my airline career as a 737 first officer, with a great line flying Thurs-Sun of every week. I was paid over $90,000/yr and was "living the dream"... until 9/11.
Since 9/11 I worked for 2 regionals (furloughed once more in there) before ending up where I am now. Only a very lucky few were hired by Southwest or FedEx after 9/11. Over 6000 other furloughees industrywide ended up at placed like Vanguard (who went out of business), ATA (who furloughed them again), flying expatriot (where a Jewish fella like me might lose his head!), or returning to fly regional jets as first officer to a Captain with a fraction of the experience.
It was humbling and unsatisfying. Worse yet, while we were on furlough the vast majority of our former narrowbody flying (from the majors) was outsourced to larger and larger RJs. The compensation, workrules, lifestyle, and retirement from our former majors was decimated....so what was there to go back to?
In 2002 I interviewed with SWA... but was turned down. I have never been fortunate enough to score an interview with FedEx. In the meantime I had gotten married and was spending far too little time with my spouse.
In 2004 I was flying as an RJ F/O for Comair when, on an overnight, I ran across a corporate pilot who was kind enough to give me a tour of his flight department. The company was profitable, the equipment was good, and their schedule fantastic. A few weeks later he asked if I would like to send him a resume for the next time they hired. (Most corporate departments only hire when someone resigns or retires... very rarely).
I did, and a year later I was flying a 17,000 pound Learjet. A far cry from the 146,000 pound Boeing I had flown just 5 years earlier.
How did I make the decision? I made a list of pros and cons. My list probably differs from yours. After all, we can only draw from our own experience... what is a negative to me, might be a positive for you. But here is what I came up with. Please feel free to share your experiences and tell how you made the decisions YOU made.
Things that make me happy about being a corporate pilot vs. an airline pilot:
- No more hats (yes, I wore mine like I was told)
- No more ties
- No more dragging my rollaboard around with a 50 lb flight-kit attached
- No more dragging said rollaboard through ice/snow in the employee lot
- No more employee lot busses lacking air-conditioning, heat, and shocks
- No more waiting at employee lot bus-stops
- No more entering security codes at every &%@$# door in the building
- No more TSA telling me to take off my shoes
- No more TSA inspecting my flashlight for the 40th time
- No more TSA telling me to remove my hat
- No more TSA leaning in to smell my breath
- No more TSA
- No more gate agents taking their good ol' time printing the release
- No more waiting for gate agents to give you access to your airplane
- No more waiting for jetway drivers
- No more calling ops to ask for said jetway driver & being told, "shift change"
- No more flight attendants calling up front because it's too hot, cold, bumpy, etc...
- No more flight attendants sitting in first class doing soduku puzzles instead of providing customer service
- No more flight attendants whining about not getting crew meals
- No more flight attendants whining when they DO get crew meals
- No more APU's deferred with no ground air carts available
- No more waiting for the hotel van
- No more roadside fleabag hotels
- No more :40 van rides to some long-overnight hotel contractually required to be next to a shopping mall for the F/As
- No more apologies for being away on every weekend, holiday, or special occasion
- No more watching flying be outsourced to the lowest bidder
- No more watching ALPA spend dues on "strongly worded letters"
- No more ALPA (thats the best part!)
- No more dilapidated "crew rooms"
- No more junior manning or extensions
- No more pagers
- No more calls from scheduling at 2am to transition you from regular reserve to short-call
- No more quick-calls to go to Akron and back
- No more racing through the terminal and grabbing a McValue Meal during a 15 minute break
- No more equipment changes every time you fly through the hub
- No more nastygrams from the company whenever you're in negotiations
- No more feeling ashamed at the lack of customer service the company provides.
- No more apologizing for weather, aircraft size, ATC delays, mechanical delays, etc.
- No more groundschools in converted hangars or old elementary schools.
- No more Jepp revisions
- No more Christmas dinner at a Denny's in Philadelphia
- No more crashpads in a two bedroom apartment with 9 air mattresses on the floor because the company closed my domicile...again
- No more 12 hour 4 day trips because the company took away the rigs
- No more 4 hour "airport appreciation" sits in Philly
- No more being afraid to do the walkaround in Chicago because you might be wearing an unfriendly gang color!
- No more passengers asking you where they pick up their bags as they get off of the airplane
- No more smart remarks such as, "Did you wind the rubberbands?" or "Oh my god it's so SMALL!" as passengers board
- No more family members asking, "When are you going to fly the BIG planes again?"
- No more watching your name get shuffled to the bottom of the seniority list after each subsequent furlough...starting over every three years until you realize that you may never upgrade before you retire.
- and finally... no more turning on CNN every night and wondering whether the airline is still in business.
Ok. So my current job isn't perfect. The airplane is hot in the summer and FBO deicing crews are clueless in the winter. Corporate crews are behind the power curve a little bit with regard to CRM and standardization. But, at the end of the day, I haven't missed a Christmas or a Thanksgiving since i've been here. I'm home almost every weekend. I sleep in my own bed every night. I don't know whether my department will survive until I retire, but I am much less concerned with the company's long-term viability than I was at the airlines.
So, I rolled the dice on this one and we'll see what happens. Who knows? Maybe 5 years from now i'll be at the bottom of the list at some regional again. But for now, I think...I hope...I made the right decision.
Oh, and by the way, I received my final recall letter from the major I worked for in September. I didn't go.
Hope this helps.