executive airshare raises pilot salaries an average of 25 percent
March 2, 2018
Executive AirShare announces an across-the-board increase of salaries for pilots to meet the growing demand for fractional aircraft ownership. The new salaries are between 18 to 30 percent more for pilots-in-command (PICs) and seconds-in-command (SICs) joining the company. In conjunction with the salary increase, PIC migration to a more favorable 8-On/6-Off scheduling cycle is expected help the company meet its goal of hiring 25 pilots in the next six months.
“We’re not immune to the pilot shortage that permeates the entire aviation industry,” Executive AirShare Chief Operating Officer Harry Mitchel says. “We’re looking for skilled pilots who deliver excellent customer service and consistent, high-quality experiences every day. We’re confident that a more competitive compensation package, including salary, schedule and lifestyle will allow Executive AirShare to continue identifying top pilots to service our growing base of family-oriented shareowners.”
Beginning April 2, 2018, pilots who join Executive AirShare as SICs will start at $56,000. As of July 2, 2018, PIC salaries change to the new pay scale, meaning a PIC for the popular Embraer Phenom 300 will begin at $100,000, a 25-percent increase over the previous salary.
“Our crew members set us apart in the private travel segment,” says John Owen, Executive AirShare’s chief financial officer and interim president. “This highly competitive salary scale recognizes their value to us and our customers. And the ability for our pilot bases to be co-located with a majority of our customer bases is an asset for our pilots’ quality of life.”