In this article, we will look at the 11 highest paying airlines for pilots in the US. We have also discussed the global airline industry. If you want to skip our detailed analysis, head straight to the 5 Highest-Paying Airlines for Pilots in the US.
The global airline industry market is anticipated to experience a remarkable CAGR of 25.5% from 2022 to 2027, highlighting significant growth opportunities. This growth is attributed to factors such as rising disposable income, a burgeoning middle class, and increased travel demand. With a market size expected to reach $7.5 trillion in international trade shipped by air this year alone, there’s a substantial boost in air travel-related expenditure. Employment prospects are also bright, with a predicted 10.8% growth in job opportunities in 2022, fueled by government support and increased private-sector investments.
Regionally, North America is poised to dominate the market, driven by a high volume of air travel passengers and anticipated net profit reaching $9.9 billion in 2022. Meanwhile, the Asia Pacific region is set to emerge as the fastest-growing segment, benefiting from a conducive ecosystem, government policies, and robust demand from both civilian and military sectors. This growth trajectory underscores a vibrant industry landscape, marked by technological advancements and a growing preference for air transportation.
For airline and commercial pilots in the US, the median salary in the US was $148,900 annually. The field comprised 142,600 jobs in 2022, with a projected 4% job growth from 2022 to 2032, adding 5,600 positions. It is also worth highlighting that airline and commercial pilots usually require a bachelor’s degree and flight experience, with specific certifications from the FAA. Pilots typically earn degrees in fields like transportation or engineering, followed by flight training either independently or at certified institutions. On-the-job training is mandatory for newly hired pilots, involving ground school and flight instruction. Specific aircraft ratings are often provided by employers.
Moreover, in 2024, the aviation industry is set for further growth and transformation. Despite challenges, including the lingering effects of the pandemic, global air traffic has rebounded to 98.2% of pre-Covid-19 levels, with passengers returning with new demands. For example, Delta Air Lines, Inc (NYSE:DAL) has recently joined the ranks of US carriers venturing into Queensland, Australia, taking advantage of a government initiative to reinvigorate air travel post-pandemic. Brisbane Airport has seen an increase in new airline services, with all three major US airlines announcing flights. Delta Air Lines, Inc (NYSE:DAL)’s upcoming route from Los Angeles to Brisbane, starting December 4 2024, utilizing its A350-900 aircraft, is expected to ferry up to 306 passengers and 20 tons of cargo per flight, boosting connectivity with Australia. Queensland’s Deputy Premier estimates this move could attract 114,000 visitors over three years, injecting $208 million into the local economy.
The Attracting Aviation Investment Fund, backed by AU$200 million from the Queensland Government, has enticed global carriers like American Airlines Group Inc (NASDAQ:AAL) and Delta Air Lines, Inc (NYSE:DAL) to Brisbane. American’s new route from Brisbane to Dallas-Fort Worth, spanning 8,300 miles, is hailed as a breakthrough in the region’s post-COVID tourism recovery efforts.
The year 2023 saw a focus on convenience and safety, with the emergence of biometric technology and smart passenger management systems, paving the way for more efficient curb-to-gate journeys. Experts predict that in 2024, cloud and AI technologies, environmental concerns, and sustainability will be central themes. Efforts to decarbonize aviation will continue, with a spotlight on Sustainable Aviation Fuel (SAF), electric vertical take-off and landing (eVTOL) aircraft, and Urban Air Mobility (UAM) vehicles. The industry will also see increased adoption of emerging technologies such as AI, IoT, and blockchain, transforming airports into dynamic ecosystems capable of real-time adaptation.
Moreover, as the industry faces challenges related to climate change, resilience, and evolving consumer expectations, it must embrace innovation and adaptability. This includes finding sustainable solutions, enhancing workforce capacity, and seeking productivity improvements. With the surge in online shopping driving demand for air freight, the industry’s role in sustaining seamless e-commerce markets becomes increasingly indispensable.
A modern commercial jet airliner decorated with the company logo in flight against a clear blue sky.
Methodology
To list the highest paying airlines for pilots in the US, we first identified the 20 largest US airlines by passengers carried. Then for each of the airlines, we identified their average salaries for pilots from Glassdoor.com. Of the 25, the 11 with the highest average salaries were eventually selected and have been ranked below. The list is presented in ascending order.
By the way, Insider Monkey is an investing website that uses a consensus approach to identify the best stock picks of more than 900 hedge funds investing in US stocks. The website tracks the movement of corporate insiders and hedge funds. Our top 10 consensus stock picks of hedge funds outperformed the S&P 500 stock index by more than 140 percentage points over the last 10 years (see the details here). So, if you are looking for the best stock picks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.
11. Allegiant Air
Average Pilot Salary: $112,000
Allegiant Travel Company (NASDAQ:ALGT) owns Allegiant Air which provides pilots with a unique proposition for career progression and personal satisfaction. With a rapidly growing fleet comprising over 100 all-Airbus aircraft and expanding to 129 cities with 580 routes, Allegiant Air offers ample opportunities for pilots to grow. Pilots benefit from state-of-the-art training facilities in Las Vegas, Nevada, and Sanford, Florida, where they undergo comprehensive training programs spanning approximately 10 to 12 weeks. This includes six weeks of Ground School, two weeks of Systems Integration Training, and two to three weeks in a Full Flight Simulator. Moreover, Allegiant Air’s point-to-point flight model ensures most trips end at the pilot’s home base, minimizing overnight stays away from home. With competitive compensation, career growth prospects, and a supportive team environment, Allegiant is an excellent choice for pilots looking for both professional fulfillment and work-life balance.
It is one of the airlines in the US that pay pilots the most.
10. Sun Country Airlines Holdings Inc (NASDAQ:SNCY)
Average Pilot Salary: $113,000
Pilots at Sun Country Airlines Holdings Inc (NASDAQ:SNCY) enjoy numerous benefits, making it one of the best US airlines for pilots. They receive iPads for flight manuals, navigational data, and access to an in-house Certified Training Program with contractual pay and single occupancy hotel accommodations during training.
They also receive generous health insurance plans, 100% company-paid life insurance, and a 401k plan with matching contributions that ensure their well-being. With rapid workforce expansion, there’s a quick upgrade path to Captain within 18-24 months. Such comprehensive benefits make Sun Country Airlines Holdings Inc (NASDAQ:SNCY) an attractive career choice for pilots.
With an average salary of $113,000, Sun Country Airlines Holdings Inc (NASDAQ:SNCY) is one of the 10 highest paying airlines for pilots in the US.
9. Frontier Group Holdings Inc (NASDAQ:ULCC)
Average Pilot Salary: 139,000
Pilots would consider Frontier Group Holdings Inc (NASDAQ:ULCC) for its rapid growth trajectory, offering quicker transitions to captain roles and flexibility in base locations. The company’s commitment to democratizing travel expands opportunities for both passengers and employees.
Moreover, competitive benefits such as medical, dental, vision, retirement plans, and extensive travel perks for pilots and their families enhance the appeal. With a forward-thinking business model, Frontier Group Holdings Inc (NASDAQ:ULCC) presents a promising career path with industry-leading contracts, ample earning potential, and a supportive work environment. As one of the fastest-growing airlines in the US, Frontier Group Holdings Inc (NASDAQ:ULCC) offers pilots the chance to be part of an exciting and rewarding journey.
8. Spirit Airlines Inc (NYSE:SAVE)
Average Pilot Salary: $141,000
Pilots should consider flying for Spirit Airlines Inc (NYSE:SAVE) due to several compelling reasons. Firstly, the airline operates an impressive fleet of 202 Airbus aircraft, providing pilots with exposure to modern aviation technology. With a workforce of 3,350 pilots and increasing retirements projected annually, there exists ample room for career progression within the company.
Spirit Airlines Inc (NYSE:SAVE) offers competitive pay scales, with potential earnings reaching up to $274,959.36 annually for captains, ensuring pilots are well-compensated for their expertise. Additionally, Spirit Airlines Inc (NYSE:SAVE)’s Pilot Pathway Programs, such as the Cape Air – Spirit Jetway Program, facilitate career advancement opportunities. The airline’s extensive route network spanning major destinations in North and South America offers diverse flying experiences. Furthermore, monthly reserve/line guarantees of 72 hours provide stability, complemented by generous hourly rates, making Spirit Airlines Inc (NYSE:SAVE) one of the top airlines for pilot.
7. Jetblue Airways (NASDAQ:JBLU)
Average Pilot Salary: $166,000
With a vast network spanning over 100 cities in the US, Caribbean, and Latin America, JetBlue Airways (NASDAQ:JBLU) serves over 35 million customers annually, operating approximately 930 flights daily. It is also one of the highest paying airlines for pilots in the US per month.
For aspiring pilots, JetBlue Airways (NASDAQ:JBLU) presents an attractive career path, with a structured pay scale for both first officers and captains. First officers can anticipate a competitive salary starting at $94,000 in the first year, rising to $189,000 by year 12. Meanwhile, captains can expect even higher earnings, with starting salaries at $246,000 in the first year and reaching $283,000 by year 12. With bases in major cities like Boston, New York, and Orlando, JetBlue Airways (NASDAQ:JBLU) offers a plethora of opportunities for pilots to build their careers. Moreover, the airline’s stringent yet achievable minimum qualifications ensure a pool of skilled and dedicated professionals, fostering a culture of safety, integrity, and excellence in every flight operation.
6. Alaska Air Group, Inc (NYSE:ALK)
Average Pilot Salary: $205,000
With an industry-leading pilot contract ratified in 2022, Alaska Air Group, Inc (NYSE:ALK) ensures competitive wages and benefits for its pilots. For instance, captains enjoy a top-of-scale rate of $340.25, while first-year first officers start at $100 per hour. Moreover, the airline provides a market rate adjustment to keep its pilots aligned with industry peers, ensuring their compensation remains competitive over time. Pilots at Alaska Air Group, Inc (NYSE:ALK) also benefit from flexibility in scheduling, strong job security, and opportunities for professional and personal growth. With an average salary of $205,000, Alaska Air Group, Inc (NYSE:ALK) is one of the highest paying airlines for pilots in the world.
In addition to attractive compensation packages, Alaska Air Group, Inc (NYSE:ALK) has a fleet of 221 Boeing 737 aircraft and pilot domiciles in key West Coast locations such as Seattle, Portland, San Francisco, Los Angeles, and Anchorage. Furthermore, the airline’s commitment to diversity and inclusion is evident through initiatives like the pledge to increase the number of African American female pilots by 2025. It is also one of the highest paying airlines in the world for cabin crew.
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Disclosure: None. 11 Highest-Paying Airlines for Pilots in the US is originally published on Insider Monkey.