As recently as 2008 pilots entering the airline industry with a regional airline could expect to earn $25,000 in the first year. Ten years later, first year pay has increased exponentially and keeps increasing as the pilot shortage forces airlines to compete with each other for new airline pilots entering the industry. An article in AOPA highlights the kind of pressure the regional airlines are feeling to raise wages and attract talented new pilots. Continue reading
More than 2,100 pilots who fly for Republic Airlines and Shuttle America, both owned by holding company Republic Airways, approved a new union contract which places them among the highest paid regional pilot groups in the country. Continue reading
Airline manufacturing giant Boeing updated the number of new pilots needed per year to keep up with airliner deliveries that are already on their delivery schedule. The number of new pilots needed has increased 4.7% over last year’s requirements in the midst of the deepest pilot shortage to hit the industry in the history of the airlines, and the demand is greatly outpacing the supply.