As
far as pay is concerned, the airlines have a much wider pay scale. What that
means is that first year first officers make significantly less than a senior
captain. In most cases, the most senior pilots at major airlines will make more
than corporate captains. There is a trade off, however. Corporate pilots can
start off much higher than airline first officers. Another major consideration
is the fact that airline pilot pay is strictly seniority based. If you were the
most senior captain at your previous airline and decided to switch, you would
start off at first year FO pay. On the corporate side, there is room for
negotiating your salary and being paid commensurate with your experience. In
other words, it can be a lot easier of a decision to change jobs if something
better comes along.
For
the argument of whether or not corporate aviation departments actually save
money or not is up for debate. This argument is based upon the high costs of an
aviation department and whether or not they are an actual necessity or simply
for show. I tend to believe that they do help save companies money, but only if
the company is extremely profitable and does a significant amount of business
across a large area that is too big for driving. Even fractional ownership with
companies such as NetJets can be a definite boost in terms of making business
connections. With companies that use their own flight department, it offers the
flexibility of getting out, meeting with people, discussing business, and
closing deals in a much timelier manner than waiting at the airport, and
picking flights that may have layovers.
An
excellent corporate aviation company I came across is Clay Lacy Aviation. They
have pilot bases in California, Washington, Colorado and Florida. They have a
very diverse fleet of aircraft including: Boeing, Embraer, Gulfstream,
Dassault, Cessna, and Learjet. They have multiple openings for both Captains
and First officers and have the following requirements. PIC- 4000 hrs total,
3000 hrs pic, 1500 multi-engine time. SIC- 1500 hrs total, 500 multi-engine.
This will definitely be a company I will apply for when I have the necessary
hours.
I agree that whether or not a corporate aviation department is profitable is dependent of the specifics of the company - i.e. covers a large area that is too big for driving.
ReplyDeleteGood information. It seems like most corporate companies have higher requirements than the regionals and it is about who you know. In the airlines you are just a number but that might not necessarily be a bad thing depending on what you are looking for. There are benefits for both and you did a good job on stating the facts.
ReplyDeleteGreat point about corporate pilots having much more individual negotiating power. Almost all the airlines pilots are union. They follow union rules which are usually based on seniority and have hardly any say as an individual. This is probably the biggest difference between corporate pilots and airline pilots.
ReplyDeleteThe company you chose sounds very interesting I plan on researching them a little more but so far it sounds like a good company. I like that you pointed out the union thing not many other people pointed that out.
ReplyDeleteCorporate aviation departments do cost a a lot. If businesses use their aviation department as a resource and not to play golf, they should be fine. I never heard of Clay Lacy, I should look them up some time.
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