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Tue 14 Jun, 2005 08:28 am
Any one have any idea how much pilots get paid? I'm contemplating a career in flying & my initial searches have come up blank.
British Airways have a good rep for their training so idealy figures for this airline would be good, but any other info might be useful too.
I'm to old to qualify for the BA training Schlorship so would have to pay for it myself - about £60k apparently - thats why i need to know if it's worth it - or even practicle ,as i'd have debts to pay afterwards.
cheers,
apple.
Pilots fly for the love of it, not for money, although commercial airline pilots are well compensated. Salaries are based on longevity, position (1st officer, 2nd officer, captain), type of plane, and personal flight pay credits (FPC), a measure of hours worked. Bradley explained that pilots spend considerable time commuting and waiting between flights, so that a pilot can be gone for three days and only get 10 hours of FPC.
According to the Air Line Pilots Association, pilots can expect to spend approximately $30,000 on pilot certification alone (pilots must receive 11 certifications/ratings). That's on top of receiving the now required college degree. Entry-level pilots, according to the association, start at approximately $28,000 per year; and after ten years of experience, a pilot might see six figures. Federal law requires pilots to retire at age 60.
The median annual income of all commercial pilots in the United States is $43,300. The top 10% of earners earned over than $92,000 while the lowest 10% made less than $24,000.
Pilots' salaries vary widely depending on the type of aircraft, the number of miles and hours flown, and whether or not the pilot works for a major airline. Salaries for airline pilots are among the highest in the country.
The average annual income of airline pilots is $110,940, and over 25% of those airline pilots earned over $145,000. The lowest 10% of airline pilots made less than $36,110. Senior pilots are among the top earners in the US.
In addition to traditional monetary income, airline pilots also earn a "per diem" or expense allowance for every hour that they spend away from their base city. This per diem can be upwards of $500 per month. Also, pilots and members of their immediate families enjoy the benefits of free or significantly reduced air travel and hotel rates.
thanks for your info. i appretiate what you say about the love of the job - also though in my circumstances I do need to consider renumeration too.
thanks again.
apple.