Seems like a bad time in aviation hiring might be the better time to get involved since it takes years to all the ratings and experience you need to take advantage of opportunities. I know a few people who started a few years ago when things were great and now that they are ready the jobs are gone. If things stay slow then less people will begin training and when things pick up there will be a pilot shortage again.
Another nice podcast Carl. Most of the scholarships have a clear age eligibility to apply, so I am not sure if I should even apply to get a response. Thoughts?
Thank you for the feedback. There is a section in the guide "Scholarship For Adults" which is in the process of being changed to Nontraditional Scholarships. Hope this helps.
I'm lucky enough to have an income which can afford to finance my flying. However I need to justify that expense. If I'm going to spend $100,000 in training just to qualify I expect to see three times that in my annual salary.
QUESTION: Would a personal bankruptcy (about 1yr closed) effect getting hired (or a clearance) by an airline?---I'm gonna try to finish my 1500 hours before 2025
Bankruptcy will not affect your getting hired with a passenger carrying airline. There are very few jobs where your credit rating will affect your opportunity for employment.
That's fine and all; however you don't account for the cost of flying those hours. Just keep flying and rack up hours in your lock book. Well when you spend $100,000 flying airplanes and you haven't made a penny because nobody's hiring when can I expect a return on my investment? It's not a hobby it's a career. You make an investment expecting a specific percentage as a return. Do you really want to put up that kind of money and not see a return or a dividend from The investment in 5 to 10 years? After considering the cost of living and what you profit from your daily expenses, are you doing any better as a pilot then if you just kept your current job? You might be better off investing in the Fortune 500.
An investment in flight training will return many times the initial investment over time through compensation including retirement contributions. Concerning hiring, the reason I started career coaching is to help people get hired even in a challenging environment. To learn more visit www.aviationcareerspodcast.com/coaching/ Concerning salaries, you might be interested in this video about how some pilots make over a million a year as a pilot: th-cam.com/video/o2YBK-20AMU/w-d-xo.htmlsi=4ExP2-6jjt18r1SC Hope this helps and Safe Flying!
I appreciate you breaking down the reality of the aviation industry while still providing positive advice. Thanks Carl
You are more than welcome. I am glad it helped.
Seems like a bad time in aviation hiring might be the better time to get involved since it takes years to all the ratings and experience you need to take advantage of opportunities. I know a few people who started a few years ago when things were great and now that they are ready the jobs are gone. If things stay slow then less people will begin training and when things pick up there will be a pilot shortage again.
Thank you for this.
Thanks Carl ! Great Job!
Great breakdown 👍 really appreciate it.
Another nice podcast Carl. Most of the scholarships have a clear age eligibility to apply, so I am not sure if I should even apply to get a response. Thoughts?
Thank you for the feedback. There is a section in the guide "Scholarship For Adults" which is in the process of being changed to Nontraditional Scholarships. Hope this helps.
@@AviationCareersPodcast Thank you Carl. I was unable to find this section in the latest July scholarship guide. Is this yet to be updated?
I'm lucky enough to have an income which can afford to finance my flying. However I need to justify that expense. If I'm going to spend $100,000 in training just to qualify I expect to see three times that in my annual salary.
QUESTION: Would a personal bankruptcy (about 1yr closed) effect getting hired (or a clearance) by an airline?---I'm gonna try to finish my 1500 hours before 2025
Bankruptcy will not affect your getting hired with a passenger carrying airline. There are very few jobs where your credit rating will affect your opportunity for employment.
That's fine and all; however you don't account for the cost of flying those hours. Just keep flying and rack up hours in your lock book. Well when you spend $100,000 flying airplanes and you haven't made a penny because nobody's hiring when can I expect a return on my investment? It's not a hobby it's a career. You make an investment expecting a specific percentage as a return. Do you really want to put up that kind of money and not see a return or a dividend from The investment in 5 to 10 years? After considering the cost of living and what you profit from your daily expenses, are you doing any better as a pilot then if you just kept your current job? You might be better off investing in the Fortune 500.
An investment in flight training will return many times the initial investment over time through compensation including retirement contributions. Concerning hiring, the reason I started career coaching is to help people get hired even in a challenging environment. To learn more visit www.aviationcareerspodcast.com/coaching/
Concerning salaries, you might be interested in this video about how some pilots make over a million a year as a pilot: th-cam.com/video/o2YBK-20AMU/w-d-xo.htmlsi=4ExP2-6jjt18r1SC
Hope this helps and Safe Flying!