fbpx

Stratus Financial

100 Bayview Cir. Suite 100 Newport Beach, CA 92660
Pilot Pay Raise
Union-2.png
Pilot Pay Raise

Pilot Pay Raises at PSA Airlines, Piedmont, and Envoy

PSA Airlines, a subsidiary of American Airlines, announced on Friday that it would be giving its pilots a 50% pay raise through August of 2024. This makes PSA the last of American’s regional partners to announce a temporary pay upgrade for its pilots. In announcing the deal, the company stated that it had worked with the Air Line Pilots Association (ALPA) to reach an agreement that would greatly enhance the pilots’ compensation, standard of living, and career progression.


The terms of this deal will make American’s regional pilots some of the highest paid in the industry. First officers will see a pay increase to $90 an hour, while first-year captains will earn $146 an hour. This is a significant raise from their previous pay rates, and will put them far above their competitors. With bonuses, PSA pilots can expect to earn 10% more than their peers at other airlines over the next five years.


The pilots who will see the biggest benefit are those who fly line checks, and they will receive a 200% pay increase. At the same time, full-time simulator instructors, those who fly proficiency checks, and aircrew program designees will also see a significant pay increase. This move by American Airlines comes after they said they had to park nearly 100 airplanes because they couldn’t find enough pilots to fly them. In response, two senators who serve on the Senate Commerce Committee, which monitors the aviation industry, have called on the Department of Transportation to begin holding airlines to a higher standard.


After nearly 2,800 flights were canceled by multiple airlines over Memorial Day weekend, Senators Richard Blumenthal and Edward J. Markey said they appreciated that airlines needed to increase their staff to meet the public demand for travel, but that flight cancellations were burdensome to the public. In a statement, the senators said that such occurrences pose significant hardships to the traveling public and urged airlines to take all necessary steps to mitigate those disruptions.

Related Blogs

JetBlue Pilots Agree to Contract Extension

The Airline Industry Struggles to Regain Altitude

Pilot Shortage Leads to Reduction of American Airlines Flights to Three Cities

Pilot Shortage Leads to Diminished Air Service at 76% of US Airports

How to create a budget for flight training?

The Cost of Flight Training: How Financing Can Help You Achieve Your Dream of Becoming a Pilot

What are the long-term financial benefits of flight training?

How to prepare for a long-haul flight as a pilot?

5 Tips for Financing Your Flight Hours: How to Budget and Save Money on Pilot Training

Why students should finance their student loans with Stratus Financial

Aviation Recruitment Reaches Unprecedented Heights in October

15 Things to do as a Private Pilot

Breaking Barriers: Women in Aviation Lead the Way Amidst Pilot Shortage

How much do airline pilots make?

United Airlines Pilots Get Pay Raise as Global Travel Disruption Continues

How is a pilot’s salary calculated?

2.1 million new commercial aviation personnel needed

Pilot pay increased as hiring battle heats up

Pilot Pay Raises at PSA Airlines, Piedmont, and Envoy

American Airlines offers competitive pay raise to pilots

Envoy Air Offers New Bonus for Experienced First Officers

Airline Pilots Demand Higher Wages and Better Treatment

Things I Wish I Knew as a Student Pilot

How airlines around the world are tackling pilot shortages

Airlines Struggle to Keep Up With Pilot Shortage

Air travel is picking up. Now the airlines have to play catch up.

Career Pilot Demand Forecast for 2023

Pilot in demand for the next 20 years

Competitors seek pilots from distressed airlines

The Shortage of Pilots Around the World is a Big Concern

Airlines have Doubled Pay, and There’s No Better Time to Becoming a Pilot

Historic Pilot Shortage Encourages Flight Schools To Fill The Gap

Mother-Daughter Take On The Skies As Part of Southwest Airlines

American Airlines Make Flight School More Affordable and Accessible

Invest On Your Future: How Much Does It Take To Become A Pilot?

Get Started On Your Books: The Top Five Things To Study In Advance

More Pilots Needed: Airlines Turn to Diverse Crew

5 Helpful Techniques To Become A Pilot

Things you should do before signing up for a flight school

Frontier Airlines launching a pilot program for new generation pilots

Be Prepared: The Challenges Of Being A Pilot

Staff Shortage in Airport across the country

5 Safety Spotlight Pilot Tips

Tips to help you fly like a PRO

What do the stripes on a pilot’s uniform mean in the US?

Protecting yourself from online fraud

Benefits Increase as The Demand for Pilots Grow

Thinking of Cosigning A Private Student Loan? Here are five things you should know!

We Need Pilots: Travel Demand Skyrockets From Regional Airlines

5 tips for building your FICO score to apply for Stratus loans!

Managing Student Loan Debt

Understanding Interest and Capitalization

What is a credit report and why is it important when applying for Stratus Loans?

A guide on how to formulate a plan based on borrowing and repaying

Understanding Private Student Loans and How Stratus Can Help You!

Managing Your Student Loan Tax Benefits and Forms To Save You Money

You Just Closed On Your Loan or Thinking About Closing On Your Loan With Stratus: How to Pay it Off FAST

Student Pilot Financial Basics: Start Here to Understand Financing Your Student Pilot Loans

How Stratus Works With Flight Schools to Achieve Their Students’ Aviation Dreams

Six Opportunities Await You If You Become a Pilot in the US

Federal Reserve Rate Increase Explained and How You As A Student Will Be Affected

A Quick Guide on the Types of Pilot Certifications in the US

You need this CREDIT SCORE to get approved for a private student loan

School Partnerships at Stratus

Student Loans – What You Need To Know