Airline Pay Arms Race Continues with Sign-On bonus and Premium Pay 'til 2026

PSA Airlines has announced a few niceties for pilots at the company in order to bolster retention of its more senior and qualified pilots.

The big news is that direct entry captains with more than 950 flight hours (of 121 time, of course) receive a $100,000 sign-on bonus, with pay rates starting at $146 per hour. First Officers with 500+ flight hours will see a $75,000 sign-on bonus and pay starting at $90 per hour. The "revolutionary sign-on bonus program" has been extended through March 31, 2023, with pilot premium pay through 2026.

"We understand that this is a very competitive landscape. Together with American, we’re investing in our team to provide the best environment for pilots to develop their careers," said Dion Flannery, President and CEO of PSA Airlines. "Building a top team and developing a pipeline of the best aviation talent takes effort and a continuous investment. We're offering the total package."

"We’ve developed an incredible group of pilots at PSA, and I’m proud to reward their commitment to our airline," said Keith Stamper, Vice President of Flight Operations. "Through several important investments, we've worked to improve the quality of life for our pilots and build the talent pipeline needed to position our airline for long-term success."

FMI: www.psaairlines.com