What's Your Career Worth? Airline Compensation & Trends with Kit Darby

It's a fantastic time to be a professional pilot. Timothy P. Pope, CFP® and Kit Darby jump into the current trends and drivers of airline compensation in this last round of contract negotiations. Kit brings his extensive aviation experiences to the table. Kit discusses the wild fluctuations in aviation compensation, detailing the impact of shortages, recessions, and COVID-19 on pilot wages. Kit Compares compensation across the regional carriers and major airlines and highlights the significant shifts in pay scales and retirement benefits. Tim and Kit also discuss recent developments in the cargo sector, including early retirement bonuses and FedEx's offer to its pilot group. Kit shares why forecasting the future of aviation growth is so difficult but points out that half of the equation still looks strong for the next 4 or 5 years. Tim and Kit discuss Kit's services for individual pilots, covering resume review, application guidance, interview preparation, and Expert Witness Services for career value assessments in case of injury or loss.What You'll Learn in This Episode:What's impacting airline compensation right nowWhy you should plan for an economic down-turn in your careerWhy US airlines are in a position strongly compete in a global market2 ways you can make an economic down-turn a personal non-eventWhat are Expert Witness Services and why they should be on your radarResourcesSchedule An AppointmentOur Practice’s WebsiteSend Us Your Questions: [email protected]  2023 Major Airline Salary Survey Timothy P. Pope is a Certified Financial Planner™and principal owner of 360 Aviation Advisors, LLC (“360 Aviation Advisors”), a registered investment advisory firm. Investment advisory services are provided through 360 Aviation Advisors, in its separate and individual capacity as a registered investment adviser. Podcast episodes are provided through Pilot’s Portfolio, in its separate and individual capacity.We try to provide content that is true and accurate as of the date of publishing; however, we give no assurance or warranty regarding the accuracy, timeliness, or applicability of any of the contents. We assume no responsibility for information contained on this website and disclaim all liability in respect of such information, including but not limited to any liability for errors, inaccuracies, omissions, or misleading or defamatory statements.Links to external websites are provided solely for your convenience. We accept no liability for any linked sites or their content and remind you that we have no control over their content. When visiting external web sites, users should review those websites’ privacy policies and other terms of use to learn more about, what, why and how they collect and use any personally identifiable information.Usage of this content constitutes an explicit understanding and acceptance of the terms of this disclaimer.