The average annual salary for commercial airline pilots was $160,970 as of May 2020, according to the U.S. Bureau of Labor Statistics. The dominant employment sector, scheduled air transportation, was also the highest-paying sector at more than $208,000 per year. Pilot Pay Basics The median...
Airlines companies need to purchase planes, outfit those planes, pay for fuel, air hangars, flight simulators, repairs on planes, pilots, flight attendants, baggage handlers, and a multitude of other costs. It is not a surprise that their debt levels are high. The airline industry is a serv...
A commercial pilot's license allows you to fly as a paid pilot. However, the commercial rating is not enough to fly as a commercial airline pilot. Airline pilots are required to have an airline transport pilot -- ATP -- rating. The starting point for an ATP rating is to already have a...
Mann said Terrafugia was helped by the Federal Aviation Administration’s decision five years ago to create a separate set of standards for light sport aircraft, which are lower than those pilots of larger planes Terrafugia says an owner would need to pass a test and complete 20 hours of flyin...