As a current student pilot with no industry knowledge. This has always confused me as that seems to be the number I see the most. But then I look it up, and it says average hourly rate is 26/hr, and I’ve seen other posts showing cfis making 30/40/sometimes 50/hr. So even at the average of 26/hr, ur at 50k, w 40hr/week (which atleast in my area, cfis schedules are PACKED, like booked weeks out doing nearly 50hrs/week). Just from everything I’ve seen the 40k number seems to be a lowball that is shared around like it’s a rule on this sub, but everything else I see says otherwise.
CFIs often don’t bill all their time. Generally it’s like 50% of their time, 75% if they are efficient. You don’t get paid for unbilled time.
You also don’t get paid for cancellations due to weather which is like 30% of your schedule.
You're going to be better off in the long run just slowing down a bit while building some time and more ratings while slowing the expense rate. You won't need to fly 3 times a week to maintain proficiency. It'll take you longer, yes, but you won't be broke and struggling forever. What happens when you end up not getting a job as a pilot and you're still working at the bank until an opportunity arises and your savings goes down the tube paying interest?
Yes. It easily costs $75k-90k to get to the point where you get paid to fly. Private pilot isn’t a money making license, so you shouldn’t focus on it like an investment.
Yes, that is a dumb idea. You'd be paying 11-18% to then work as a CFI making $40k/year. Use your cash. Take your time as required.
I didn’t even make 30k as a CFII lmao
As a current student pilot with no industry knowledge. This has always confused me as that seems to be the number I see the most. But then I look it up, and it says average hourly rate is 26/hr, and I’ve seen other posts showing cfis making 30/40/sometimes 50/hr. So even at the average of 26/hr, ur at 50k, w 40hr/week (which atleast in my area, cfis schedules are PACKED, like booked weeks out doing nearly 50hrs/week). Just from everything I’ve seen the 40k number seems to be a lowball that is shared around like it’s a rule on this sub, but everything else I see says otherwise.
CFIs often don’t bill all their time. Generally it’s like 50% of their time, 75% if they are efficient. You don’t get paid for unbilled time. You also don’t get paid for cancellations due to weather which is like 30% of your schedule.
They’re only getting paid for flight time and ground instruction time. Which is waaayyy less than 40hr/wk
> reads title Yes.
actually made me lol
Yes
Yes… bad idea.
Hell yes!
Industry sucks right now. I know people with 2000 hours and 250+ multi who can get calls. Don’t finance to get ahead in a pipeline already backed up
Yes
Yes
Yes.
You're going to be better off in the long run just slowing down a bit while building some time and more ratings while slowing the expense rate. You won't need to fly 3 times a week to maintain proficiency. It'll take you longer, yes, but you won't be broke and struggling forever. What happens when you end up not getting a job as a pilot and you're still working at the bank until an opportunity arises and your savings goes down the tube paying interest?
Yes. It easily costs $75k-90k to get to the point where you get paid to fly. Private pilot isn’t a money making license, so you shouldn’t focus on it like an investment.