What one year at a regional will get you

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Wow. Wheelsup you da man! It really does help us "Starry eyed noobs" put things into perspective. I ALWAYS greatly appreciate it when you guys that have made it to the airlines make such information public to help us. I plan on returning the favor someday when I finally make it.

As others stated, it actually seems like you made a bit more than most you first year and have forecasted perhaps $10k more for your second.

Great stuff and thanks again!
 
As others stated, it actually seems like you made a bit more than most you first year and have forecasted perhaps $10k more for your second.

only because I worked my butt off. First year pay, min guarantee is around $22k and second year is around $31.5k. I have bills to pay and things to save for so I'm gonna try to work the system as much as I can. This is pretty much only possible because of the rapid hiring the company did when I first got on.
 
wow- I gotta get in on this one...

At my work, I meet professional pilots every day-- 90% corporate and some former airline pilots. I've talked with literally hundreds and gotten so much great information from them-- the good, bad, etc. and why I shouldn't go this way, but go this way instead... ultimately I'm coming to my own personal decision about which direction to go after instructing. But- by far, the BEST piece of advice I got had nothing to do with flying-- it was from two retired airline pilots--one ex-military, one civilian-- both had flown airplanes all over the world.

I'll never forget this-- they both told me: "Be your own retirement plan".

I would definitely recommend that to ANYONE getting into this career-- take care to secure your own future financially-- because the airlines sure as hell won't and no one else will for that matter. So THANK YOU to wheelsup for posting that-- it's great planning info for anyone on there way into the big leagues. On a related note: There are three classes I wish colleges would make mandatory classes: financial management, auto repair and plumbing. Too bad I took none of them: I'm broke, my car's broke, and my damn toilet's broke. So much for the Ivys.

J
 
So I decided to figure out some stats from the year I worked at a regional. Here they are:
  • Pay: $24,427 hourly
  • Per diem: $3,402
  • Total: $27,829
  • Average TOTAL Days spent at home on coach (including not flying on reserve): 16.2
  • Average scheduled days off /month: 15.1 including 5 weeks after training of no flying
  • Average scheduled days off /month: 13.8 not including the 5 week break (essentially the months spent flying the "line").
  • Average "TAFB" or time away from base: 2,430 hours.
  • Average time (in days) away from home/month (not including training): 8.4
  • Average time (in days) away from home for the entire year including 6 weeks training: 142.8
  • FAR block (flying time): 46:21 /month for the entire 12 months
  • FAR block (flying time): 60:15 /month not including ground school and sim (essentially the average for months that I was flying the "line").
In the next year (assuming the bottom doesn't fall out here or in the industry) I expect to:
  • FAR block ~80 hours/month
  • Credit ~95 hours/month
  • TAFB ~300 hours/month
This will result in (assuming we don't get the old contract back, which would result in a $5/hour raise):
  • Pay: $40,336 hourly
  • Per diem: $5,400
  • Total: $45,736
Average Days off/month: 13.5
Side business income: ~$5,000


Total as a CFI the year prior: ~$27,500. Including side business: ~$32,000. Total flight hours as a CFI the year prior: 985. Average days off as a CFI: 8/month :).


Wow that was depressing looking at that...

Sorry for stupid question (maybe) I am not from US,these money you are talking about are pre-tax or after tax?
 
Since this thread is almost a year old, and you've gotten an answer to your question, I'm gonna lock this thread due to its age.
 
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