I was thinking further about athomeinthesky's post, and wondering what would indeed be the difference of flying for American Eagle vs. Alpha Flying. I utilized the pay posted on another board's salary calculator. I also accounted for being promoted to Captain in seven years at AE, and two years at AF.
Years Alpha AE
10 $77k/$34k $71k
9 $74k/$34k $68k
8 $71k/$34k $67k
7 $68k/$34k $65k
6 $65k/$34k $33k
5 $61k/$34k $33k
4 $57k/$34k $32k
3 $53k/$34k $30k
2 $45k/$29k $28k
1 $38k/$27k $21k
Year (Loss)
1 (6k)
2 (1k)
3 (8k)
4 (13k)
5 (20k)
6 (24k)
7 4k
8 2k
9 0
10 0
Example: Year 1: AF $27k/ AE: $21k
Year 2: AF $29k/ AE: $28k
Year 3: AF (1st year Capt) $38k/ AE: $30k
Year 4: AF (2nd year Capt) $45k/ AE: $32k
etc.
After 10 Years of Flying for AE: Net Loss of $66,000. That's figuring if you get promoted to Capt. in seven years for AE and in two years for AF. That second engine costs you $6,600 per year. Also, I did not account for new payscales for the Grob SPn, this is assuming that the AE pilot flew solely the CRJ (best case scenario), and the AF pilot flew solely the PC-12 (worst case scenario). I know that figures lie, and liars figure, so if anyone sees flaws in my logic please feel free to point them out.
Stonefly