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Tue, Dec 27, 2005

Signs Of The Times: Major Airline Pilot Career Value Drops To $6.9M

Detailed Information In AIR, Inc.’s 2005-06 U.S. Airlines Salary Survey

Those airline careers ain't quite they used to be... according to Aviation Information Resources, Inc. (AIR, Inc.), which has released its 2005-06 edition of the U.S. Airlines Salary Survey this month.

The publication is designed to assist pilots in choosing which airlines to pursue by providing them with career earnings and benefit information.

Written by Kit Darby, president and owner of AIR, Inc. and Dan Gradwohl, financial analyst, the 144-page edition provides estimated average monthly pay rates in every aircraft and duty position over 30 years for 53 airlines, 16 majors, 32 nationals and jet-operators, and 5 large regional airlines.

Additionally, there are tables explaining work rules, insurance programs including medical, dental, life, and disability benefits; retirement programs including A, B & C Funds, 401(k), and profit sharing for each carrier. A 30-year career earnings comparison for the 16 major airlines is also included.

A 30-year career averages over $6.9 million and can yield from $3.5 million to $9.9 million at the top airlines, which employ over 67,135 (58%) of the 114,075 airline pilots in the U.S.

"The 2005-06 U.S. Airlines Salary Survey was developed primarily from union contracts and individual company pay summaries," said Mr. Darby.

"We have made every effort to provide complete, timely, and accurate information to guide professional pilot's through their job search and assist in their career development. In today's job market, this is the best tool to help pilots evaluate the career value at the 53 airlines, which provided more than 9,382 new jobs in 2004, with projected hiring of 9,500-11,000 new pilots in 2005."

The Salary Survey is also available free to AIR, Inc. members via AIR, Inc.

FMI: www.jet-jobs.com

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