Slipkid65
Pre-takeoff checklist
The interesting thing in my business is it attracts a lot of people who are also pilots.
Mine too!
I didn't pursue airlines (I had set out to) because 2 factors, the cost of getting to the majors was high, I was stepping down from high five and low six figures and was looking at a minimum of a decade to get back to that.
That's a unique situation, and honestly, if I were making 6 figures doing something else, I would be hard pressed to give that up and go the regional OR the corporate route. I'd continue what I was doing and get an airplane for fun flying.
I know one guy that made the jump from a good (non flying) corporate career to the airlines. He took early retirement with a great pension/bonus package/portfolio and made flying a second career. Due to this, even with a family, he could afford the crummy pay while he built time at a corporate job and later, a large regional. He just retired a few months ago.....
I coupled that with the old time airline pilots glad to retire as well as less senior ones with 15 years that got furloughed (or the job vanished with the airline, a good one like TWA, a 1/3rd of my indoc class at Express One to fly Jetstreams came from TWA including a couple guys in L-1011s) from good paying jobs and are attending indoc with me going for an $18,000 a year job.
I flew with many ex Eastern and Pan Am guys sitting in my right seat at the commuters. I also flew with many ex corporate guys there too.
FWIW, the TWA guys all ended up at AA when they got bought. A lot of them got furloughed post 9/11, but they all kept their numbers. Those were most likely the guys you had in class with you. AFAIK, they've all been recalled.
The daily life QoL once you make it to a major and have a route is fine, the long term security and increase in risk with increase in commitment is a stressor. Your future is not assured with seniority in the airline industry because no matter how high you fall from, your next job will be at the bottom unless you shift laterally to a foreign contract carrier and live in Asia or the Mid East.
Corporate jobs are somehow immune to these issues?
As I've said numerous times in these threads..... as someone who's done it for nearly 30 years, flying airplanes for a living is not for the weak of heart (literally and figuratively). The cost vs. the "payoff" can be great or horrible, with lots of it determined by pure luck.
It's a crap shoot, regardless of where/how you do it. It's the nature of the beast.
Then again, name a career that ISN'T a crap shoot these days? Nothing in life is guaranteed.
The economic uncertainties and job security issues are at least as bad in the corporate world as they are in the airlines, as the first thing to go when a company is in financial trouble is typically the airplane(s) and the pilots with them.
At least if you get furloughed with an airline seniority number, you can typically go do something else, like fly corporate until the recall. The opposite is far less likely to happen.
Two major differences in job "security" between a corporate guy and a major guy are seniority lists and unions.
There are (typically) no seniority lists on the corporate level, making it an easier decision to leave a crummy job or one that's in free fall. That also opens one up to dealing with office politics (brown nosing) to get "ahead" vs. just going to work, flying your line, going home and upgrading as your seniority allows. There are pros and cons to both sides, but overall, I'll take the seniority system, warts and all.
You're also far less likely to have union representation in a corporate job. I know lots of folks hate unions for various reasons, but when your job is on the line, those dues can be worth their weight in gold. In the corporate world, if the boss doesn't like the color of your hair, you can be fired without any recourse. It's not so easy for them in the airline world.
While I am currently represented by an independent union, I was an ALPA guy for about 8 years. To say that I am not a fan would be an understatement. Their ability to obtain or administer a decent contract on the commuter level was dismal, BUT, their representation of pilots in trouble was/is very effective. I know several guys who owe their careers to ALPA, for better or for worse.