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>The airline industry is unprofitable mainly because the pilots capture most of the money. Their union gives them nearly unlimited pricing power. The U.S. Bure
by alasdair_ 9y ago
>The airline industry is unprofitable mainly because the pilots capture most of the money. Their union gives them nearly unlimited pricing power.
The U.S. Bureau of Labor Statistics reports that the average salary of a Commercial Pilot is $73,490 per year.
This seems low given the sheer number of hours of training involved.
- nradov 9y agoThe average is meaningless. New regional airline co-pilots barely earn enough to eat. Senior captains for major airlines are paid very, very well.
- Pyxl101 9y agoWhy would that be? Is there a difference in competence significant enough to warrant such a difference in pay?
- Robotbeat 9y agoConsider that senior pilots are flying the biggest, most expensive planes with the most passengers and the most revenue. Even slight improvements in competency or safety look pretty good when you're talking about a 747 which costs the airline $400 million.
- rspeer 9y agoNot to mention that they're frequently away from home.