![]() ![]() ![]() We’ve covered the pilot shortage in depth over the last few years here on Live And Let’s Fly. The average airline pilot’s salary across the board is still far less than these figures, but absorbing over half a million dollars a year will be costly. Both jobs place lives in the professionals’ hands, both require experience to achieve and lots of money. The Bureau of Labor Statistics website was inoperable at the time of writing, but according to Indeed, the job listing website, the average cardiologist makes $435,000/year. While that will require years of experience and will only be available for those with the most flight experience, type of aircraft, and time with the airline. Some American Airlines pilots will earn as much as $590,000/year under the new proposed contract. Lower demand months such as January and February grew less in 2013 than it anticipates for higher demand months.” – The Street Airline Pilot Salary Increases The airline’s statement said it expected unit revenue to be higher than in the corresponding months in 2019. “The Company has determined that it is appropriate to accrue expense in the first quarter 2023 related to a potential new collective bargaining agreement with employees represented by the Air Line Pilots Association,” the filing said. United Airlines also gave downward guidance on its quarterly earning despite an ideal condition for earnings on the back of a new pilot agreement. Delta reports that corporate bookings have returned to 85% of 2019 levels (a shocker to me.) Most loyalty programs run at 50% margin or better. Included in those numbers was a staggering 16% operating margin on flights and $1.7bn from co-brand partner, American Express. That’s still an improvement from the year-ago period, when travel demand was still recovering and the company reported a net loss of $940 million, or $1.48 per share.Īdjusting for one-time items, the company reported net income of $163 million, or 25 cents per share, up from a loss of $748 million, or $1.23 per share, during the first quarter of 2022.” – CNBC “Delta posted a net loss of $363 million, or 57 cents per share, citing, in part, a new, four-year pilot contract that includes 34% raises. Two of the nation’s largest carriers reported losses this quarter despite very full planes and very high fares. If you haven’t followed us on Facebook or Instagram, add us today. If you are considering booking travel or signing up for a new credit card please click here. Both support. Opinions expressed here are the author's alone.ĭelta and United have reported losses on the back of airline pilot salary increases and looking forward, they appear to be unsustainable. The content on this page is not provided by any companies mentioned, and has not been reviewed, approved or otherwise endorsed by these entities. For our complete advertising policy, click here. ![]() We value your time and money and will not waste it. My dear readers, some links on this site pay us referral fees for sending business and sales.
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