Most people think that pilots have an attractive job. Well, here’s a stat for you: In 2018, it was the No. 2 most right-swiped male occupation on Tinder (it was No. 1 in 2016).
In the US, the role requires many years of training and commands a median salary of $130k+.
Due to the expertise required and the boom-bust nature of air travel, pilots’ unions are also among the world’s most powerful, according to the Wall Street Journal.
Unlike many other jobs, pilots are unable to work remotely — so their bargaining power vis a vis the airlines has taken a hit:
Even airlines that have avoided job cuts (like Delta) are guaranteeing fewer hours and reducing pay.
One union president tells the WSJ that he believes airlines are angling to use the pandemic to permanently cut costs.
Total cost: between $60k-$80k, by one estimate.
Furlough schemes typically put the most junior pilots out of work first, making it difficult to pay off the training.
But if airlines lose too much capacity, it could burn them in a few years.
“If you think the industry is going to be recovered by 2025,” a United executive said on an industry call in November, “we need to start to think about how to attract those pilots of the future today.”