Pilots face layoffs and an uncertain future as coronavirus hammers the airline industry

Thousands of pilots across the country are facing pink slips in a matter of weeks unless the airline industry receives more financial aid from the federal government. For many of them, flying has been their dream since they were kids, and the crisis in the industry has left pilots young and old stuck in a holding pattern — either hoping for a miracle or eyeing the exit.

Baked into the agreement were expectations that the virus would be under control by the fall. Now, the deadline is looming, but there is no clear breakthrough on the medical or legislative front. Even some industry veterans admit they won’t fly until there is a safe and effective vaccine. Story continues“Being an airline pilot is more than just a job. I met my husband while working, and I had my first baby while we were pilots. What I do for a living makes up so much of who I am,” wrote Karen Lacy, a first officer at an airline, in a post on the pilot’s union website. “And today I know that on Oct. 1, I will be out of a job.”

In 2019, the median wage for airline pilots, co-pilots and engineers was $174,000, according to the Bureau of Labor Statistics. There are a few standard go-to options for a commercial pilot, especially in the corporate sector. Pilots are needed for air transport of goods, which has seen some demand increase from a surge in e-commerce during the pandemic. There’s work to be had in the air, from remote pipeline inspection to banner towing, the difficult-to-break-into world of private jets, or flight instruction.

Sad, can someone deliver recovery checks

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Remember when our civilization could afford to fly? Or even further back, decades ago, when we went to the moon? Time marches on.

Remember when our civilization could afford to fly? Or even further back, decades ago, when we went to the moon? Time marches on.

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Kevin O'Leary: Don't give airlines any more coronavirus relief money, we don't need all of them'The fact is, you have to let some of them go bankrupt,' the businessman told CNBC on Thursday, arguing against new pandemic aid for the U.S. airline industry. Notice most had no mask but they will blacklist you for NOT wearing one. tes.. Seriously, if he weren't on Shark Tank I'd watch it more. 'Mr. Perfect' or whatever HE CALLS HIMSELF. As honest/correct as Dallas... self-described America's Team. Someone wants to buy planes lol
Source: CNBC - 🏆 12. / 72 Read more »