Contract pilots

BravoHotel

BravoHotel

Well-Known Member
I am looking to do some general contracting in the Phenom 300. I welcome any input from pilots with experience contracting, things to be aware of, tips, etc. Thank you.
 
  • Don’t undercut
  • Get good expense tracking software
  • Setup a business entity
  • A day is a day, so charge the same for sit days as you would for flying days
  • Make sure you’re covered on insurance policies, most have an open policy for pilots with X amount of time
  • Network as much as possible in the FBO
  • Try not to put big expenses like fuel on your credit card
 
Named on insurnace with a waiver of subrogation. Anything less and you leave yourself open to the insurnace company coming after you if there is a loss. Open pilot only covers the owner. The waiver of subrogation prevents them from trying to recoup their losses against a contract pilot.


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I would love to do this as well. Is there a place to put your name in? I fly the Challenger 604 and classic Global.
 
Cessnaflyer said:
I would love to do this as well. Is there a place to put your name in? I fly the Challenger 604 and classic Global.
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There is a bunch of them.
-IFCC (they staff all of EJM accounts contract needs)
-Jet Aviation
-Crew Blast
-ACASS

You will have more success though by networking in recurrents. Make it known you have availability for contract work. Word of mouth is king


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CoffeeIcePapers said:
  • Don’t undercut
  • Get good expense tracking software
  • Setup a business entity
  • A day is a day, so charge the same for sit days as you would for flying days
  • Make sure you’re covered on insurance policies, most have an open policy for pilots with X amount of time
  • Network as much as possible in the FBO
  • Try not to put big expenses like fuel on your credit card
Click to expand...
yup these are all spot on, @BravoHotel

I only did corporate/fractional with some contract on the side for a brief period but hold STRONG to these, it only helps the industry as a whole.

I would emphasize having things written in a contract..the horror stories I've heard from pilots waiting for a check is insane.
 
CoffeeIcePapers said:
  • Don’t undercut
  • Get good expense tracking software
  • Setup a business entity
  • A day is a day, so charge the same for sit days as you would for flying days
  • Make sure you’re covered on insurance policies, most have an open policy for pilots with X amount of time
  • Network as much as possible in the FBO
  • Try not to put big expenses like fuel on your credit card
Click to expand...

KLB said:
I'd say read that ACASS contract very thoroughly. They also pay well below standard daily rates and don't pay for ground transportation from your home to the airport.
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Adding on to these two great posts: Don't commit to any trip without something in writing before leaving the house or incurring any expenses prior to a trip (airfare, hotels, etc.). At least until you have a relationship with an operator that you can trust. The professional pilot pages have at least one post a day about a contract pilot being stiffed by AXBYCZ operator and asking how to take legal action.
 
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