June 2017 Aero Crew News Your Source for Pilot Hiring Information and More...
Steps To Your Ideal Financial 7 Life Do You Make Unhealthy Mistakes Exclusive Hiring Briefing on the Road SMART TEAMWORK
The success of ExpressJet is a reflection of the teamwork displayed by our team members 24 hours a day, 7 days a week, 365 days a year. We are hiring pilots and A&P Mechanics to join our family of more than 7,500 aviation professionals. Make the smart choice for your future and visit expressjet.com/apply today.
expressjet.com /expressjet @expressjet @expressjetpilots flysmartchoice.com SMART TEAMWORK
The success of ExpressJet is a reflection of the teamwork displayed by our team members 24 hours a day, 7 days a week, 365 days a year. We are hiring pilots and A&P Mechanics to join our family of more than 7,500 aviation professionals. Make the smart choice for your future and visit expressjet.com/apply today.
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www.envoyair.com | [email protected] | +1 972-374-5607 expressjet.com /expressjet @expressjet @expressjetpilots flysmartchoice.com contents June 2017
Letter From the Publisher 8 Aviation Careers and Mentors
Aviator Bulletins 10 Latest Industry News
Pilot Perspectives 18 Hard Work Pays Off
MILLION-AIR 22 26 7 Steps To Your Ideal Financial Life
Fitness Corner 26 Do You Make These Health Mistakes On Your Trips? Food Bites 30 First Watch, The Daytime Cafe 30 Safety Matters 30 United Flight 173 How CRM Transformed Modern Aviation Contract Talks 36 Trip and Line Construction
Exclusive Hiring Feature 38 PlanesSense, Inc. 38 Cockpit 2 Cockpit 50 Military to Airline Transition
Jump to each section above by clicking on the title or photo. the grids
Sections Airlines in the Grid
Updated
Legacy FedEx Express The Mainline Grid 54 Alaska Airlines Kalitta Air Legacy, Major, Cargo & FA American Airlines UPS International Airlines Delta Air Lines General Information Hawaiian Airlines Regional Work Rules US Airways Air Wisconsin United Airlines Cape Air Additional Compensation Details Virgin America Airline Base Map Compass Airlines Corvus Airways Major CommutAir FA Allegiant Air Endeavor Air The Regional Grid 62 Frontier Airlines Envoy General Information JetBlue Airways FA ExpressJet Airlines Work Rules Southwest Airlines GoJet Airlines Additional Compensation Details Spirit Airlines Great Lakes Airlines Sun Country Airlines Horizon Air Airline Base Map Island Air International Mesa Airlines Republic Airways Qatar Airways The Flight Attendant Grid 70 Seaborne Airlines General Information Skywest Airlines Work Rules Cargo Silver Airways ABX Air Trans States Airlines Additional Compensation Details Ameriflight FA PSA Airlines Atlas Air Piedmont Airlines
If the airline you are interested in or work for is not shown on this list please let us know. Email all contracts and updates to [email protected]
June 2017 | 5
18 month upgrade to New long-term partnership with United Airlines commencing this Fall Captain
Compensation and Benefits* $272,500 over three years!
$5,000 $10,000 $4,500 First Check Anniversary Referral Bonus Bonus Bonus
$8,000 Type Rating $75,600 $95,100 Compensation Compensation Bonus & Benefits* & Benefits*
$26,000 IOE Bonus Year Two Year Three $48,300 Compensation $85,600 $99,600 & Benefits*
Apply now on Airline Apps Year One or at www.airwis.com $87,300
*Insurance benefits based on single coverage Letter From the Publisher
Photo taken by: Anonymous Dear Readers,
Last month Jen P. wrote us asking how to start a career in aviation. As I mentioned in my answer, it would be impossible and unjust to explain the variety and complexity of options to achieving this goal in this space. I did highly recommend that she find a mentor to help guide her through the process. Our friends over at Professional Pilots of Tomorrow, PPOT, are doing such an amazing job of mentoring pilots that I decided to invite them and have their mentors relay their experiences in an article for us to share with our readers. This month, one of the founders of PPOT writes about his student of whom he helped mentor into a career in aviation. We hope to bring you more success stories from PPOT as the months go by! Good luck in your career goals and remember, never ever give up! Before you know it, you will be enjoying views like this every week!
Regards,
Craig D. Pieper D. Pieper Publsiher, Aero Crew News
Craig Pieper is the Publisher and Founder of Aero Crew News. Craig is responsible for the content, layout design, website design and organization of the material and people producing the material for the magazine. He obtained his Bachelors of Science in Aeronautical Science, along with a minor in Aviation Weather, from Embry-Riddle Aeronautical University in 2001. Craig is also a Captain for a regional airline with a type rating in the Embraer 145 and has logged over 6,000 hours of flying time since his introductory flight on November 14th, 1992.
We gladly accept and encourage letters to the editor. These letters will be reviewed and published at the sole discretion of the publisher. Please limit your letters to the publisher to a maximum of 200 words. You can email you letters to [email protected]. Please include a city and state. All questions emailed may or may not be published. Aero Crew News assumes no liability for the information contained in letters to us that are published. 8 | Aero Crew News Back to Contents May 2017
Here’s what you missed last month. Aero Crew News featured Air Wisconsin Airlines. “Safety Matters” Credits discusses Non-Routing Operations Reporting. “Contract Talks” provides details on your Home Away Publisher / Founder from Home. “Fitness Corner” explains Ten Ways to Craig Pieper Hack Your Fitness. “Food Bites” gets Raw in East Coast Seafood! Million-Air explains How to Increase Aero Crew Solutions, CEO Your ‘Side’ Income. “Cockpit 2 Cockpit” jumps in the Scott Rehn pool with, How to Stay Cool in the Pool. Lastly, there’s always more aviation news with “Aviator Bulletins” Editor from United Airlines, Envoy, Alaska Airlines, Cape Air, Deborah Bandy Republic Airways and Horizon Air. Photo Editor To view this and previous issues, visit our archive at Melody Hood aerocrewnews.com/category/issues/ Layout Design By Craig Pieper
Additional Contributors Scott Stahl, Andy Garrison, Marc Cervantes, Joshua Dils, Lauren Dils, Marc Himelhoch
Aviator Bulletins Provided by the companies listed
PlaneSence, Inc Feature Contributors Scott Berti, Elaine Carter
Photographs By PlanesSense, Inc. – Corporate Communications Department Photographs used with permission from PlaneSense, Inc. Craig Pieper
© 2017 Aero Crew News, All Rights Reserved. Aero Crew News Additional photographs as noted. reserves the right to all the data, articles and information contained in this magazine. Unauthorized use is strictly prohibited and prosecutors will be persecuted to the fullest extent of the law.
June 2017 | 9 Aviator Bulletins The latest aviation industry hiring news and more. Air Wisconsin Announces Enhanced Industry Leading Pilot Hiring Incentives Image provided by Air Wisconsin
ir Wisconsin Airlines recently announced significant In addition to industry-leading compensation and fast enhancements to its existing bonus program, upgrades, Air Wisconsin pilots enjoy a structured, rapid increasing the value of cash bonuses to $57,000, career progression to United Airlines through the United Aincluding $8,000 for pilots type rated in a turbine aircraft. Career Pathway Program. When added to Air Wisconsin’s competitive wage structure According to Bob Frisch, Air Wisconsin’s Chief and best-in-class benefits, these increases position Air Operating Officer, “This announcement highlights Air Wisconsin as the regional airline industry leader in new Wisconsin’s commitment to attracting qualified pilots to its hire pilot compensation. During the first three years of growing pilot group and creates best-in-class compensation employment, a new pilot will receive between $260,000 to go along with the rapid upgrade opportunities created and $317,000 in total pay and elected benefits. by our new partnership with United Airlines.” New hire pilots can expect to upgrade to Captain in For more information about the new hire pilot bonus 18 to 24 months—likely faster for pilots hired in the next program and joining the Air Wisconsin team, please visit several months—as Air Wisconsin dramatically expands www.airwis.com/pilots. its pilot group in connection with its recently announced long-term agreement with United Airlines. 10 | Aero Crew News Back to Contents Envoy Crews are Winging Back to Miami
Image provided by Envoy
nvoy is pleased to announce that a crew base in “This is extremely good news for our pilots who live or Miami (MIA) for pilots and flight attendants will be have families in the Miami-Dade area and who have been re-opened in September, 2017. They’ll join the more commuting to other bases,” said Ric Wilson, Envoy Vice Ethan 900 Envoy Customer Services and Maintenance President of Flight Operations. employees already operating in the Miami hub. “We’re delighted to provide our pilots and flight With Envoy operating nearly 30 daily flights out attendants with a fourth crew base in the very near future,” of American’s Miami hub, it will enable the company to said Dee Temples, Envoy Senior Vice President of Air better support American’s current operations in that vital Operations. “We know we have many employees from international gateway, and position Envoy for future South Florida and this new domicile will give them a much growth. more convenient option.” According to current projections, 40 First Officers and 40 Captains will be stationed at the MIA base. As the busy summer schedule approaches, the MIA base opening comes at a very opportune time.
June 2017 | 11 Aviator Bulletins The latest aviation industry hiring news and more.
Peach of an Opportunity: Endeavor Air Opens New Crew, Maintenance Base
Image provided by Endeavor
n June 1, as Endeavor Flight 4076 touched down noted John Daly, Chief Operating Officer, Endeavor Air. in Atlanta, a new chapter began for Endeavor “Our crews are excited to be part of this new base which Air. A fifth crew and tenth maintenance base represents significant growth for our airline.” Owelcomed its first flight as part of the Endeavor network, Endeavor continues to hire pilots at a record pace. marking a significant expansion for Delta’s only wholly- With more incentives to join the team - like first year owned subsidiary regional airline. earnings of more than $60,000, a $10,000 training This new Atlanta base joins Detroit, Minneapolis-St. completion bonus, rapid upgrade opportunities, and the Paul, and both New York-JFK and New York-LGA as crew only defined pathway to Delta with its Delta Guaranteed domiciles. More than 200 pilots, 100 flight attendants, Interview Program - pilots can be a part of an airline that and 60 maintenance technicians will service upwards of continues to redefine the regional industry. 17 lines of flying by the end of 2017. Endeavor currently Interested in learning more? Visit http://www. operates more than 650 flights per day to over 130 cities endeavorair.com/pilots or contact the Endeavor Pilot across North America. Outreach Team at 612.266.1470 or Pilot.Outreach@ “Opening this Atlanta crew and maintenance base endeavorair.com. will allow us to bring the ‘gold standard’ of the Delta Connection fleet right to our mainline partner’s backyard,”
12 | Aero Crew News Back to Contents PSA’s Growth Soars to New Heights
Endeavor Air Opens New Crew, Maintenance Base
Image provided by PSA Airlines
SA added two new cadet partner schools to officially welcomed Liberty University as a Cadet Program their program this month bringing their number partner on May 3, 2017. of partnerships to 16 and growing. The addition Read more at: http://www.psaairlines.com/psa- Pof their newly launched Rotor Transition Program offers airlines-liberty-university-sign-cadet-program-agreement- military pilots the chance for a seamless transition into helping-move-promising-pilots-classroom-cockpit/
commercial aviation. PSA recently launched its RTP program and PSA Airlines has signed partnership agreements with announced its partnership with Skywarrior Inc. to bring two more schools as it makes a bid to hire 1,000 people in former military helicopter pilots into commercial aviation short order.Thursday, thee airline announced partnerships to fly its aircraft. Many military pilots have the 750 hours of with Purdue University, as well as Liberty University, aimed flight time required for a Restricted-Airline Transport Pilot at helping their students come aboard as pilots. As the (R-ATP) certification to pilot a commercial aircraft. But, fastest-growing regional and a wholly owned subsidiary many of these pilots are short on the requirement for 250 of American Airlines, PSA is on track to see both its fleet hours in command of a fixed wing aircraft, as well as a 25- and workforce triple. The Cadet Program at PSA Airlines, hour requirement to fly a multi-engine aircraft.
allows pilots from partner schools who accept employment PSA President, Dion Flannery, said this program from PSA to receive a $16,520 signing bonus. would be a creative solution to help it bring in new talent Read more at: http://www.psaairlines.com/psas- as it seeks to hire another 1,000 employees, many of cadet-partner-school-list-continues-grow/ them pilots.
Officials from PSA Airlines and Liberty University Read more at: http://www.psaairlines.com/psas-rotor- signed the PSA Airlines Cadet Program agreement and transition-program-takes-off/ June 2017 | 13 Aviator Bulletins The latest aviation industry hiring news and more.
Introducing Team Jet Linx: Private Aviation Company Announces Lineup Of PGA Professionals
et Linx Aviation announces PGA professionals Kevin Chappell and Kevin Streelman have joined team Jet Linx and Jwill be bringing the Jet Linx brand to the best golf courses and biggest tournaments across the country. “We’re extremely proud to have Chappell and Streelman join the Jet Linx family as new clients, friends and brand ambassadors. We look forward to supporting them as they continue to be leaders on the tour,” said Jamie Walker, President & CEO of Jet Linx. “Being able to ease their stress of travel between tournaments and personally serve their needs is something we take great pride in.” Chappell and Streelman join PGA great Jimmy Walker as brand ambassadors for team Jet Linx. Walker, who has been with Jet Linx since 2014, has enjoyed wide success on tour over the last few years. A member of the victorious 2016 Ryder Cup Team, Walker also won the PGA Championship last year. The founding member of team Jet Linx, Walker was introduced to the Kevin Streelman, Image provided by Jet Linx Aviation. personal private jet service by his friend Tom Northington, who is the Base President of the and clients through the Jet Linx Scottsdale location, where Jet Linx San Antonio location. Walker, who knew they are friends with Scottsdale Base President Josh the flexibility and convenience of private jet travel Allen. Both players will carry the Jet Linx logo across the would help him better meet the demands of life country this season. on tour, had no doubt the best solution was one Chappell‘s career took off during his time at UCLA, that could serve him locally and fly him globally. during which he led the team to the 2008 NCAA “It’s an honor to represent Jet Linx while on Championship. He ended his time at UCLA with many tour and to be an ambassador for the company, impressive awards and six titles, setting the school scoring which has improved my experience on tour for record his senior year. Since then, Chappell has advanced many years,” said Walker. “They really roll out the to FedEx Cup Playoffs six consecutive times and made red carpet for us when we pack up the clubs and the TOUR Championship for the first time, where he head to the next event.” finished runner up. Last month, Chappell won the Valero Texas Open, marking his first PGA TOUR victory. New to team Jet Linx this year are Chappell and Streelman, both regulars on the PGA Tour “Jet Linx is not only about convenience but also about
14 | Aero Crew News Back to Contents and also affords me more time with my family – something money can’t buy.” Jet Linx provides its PGA professionals and clients with guaranteed, personalized, private jet travel solutions from 14 Base locations across the U.S. For more information on Jet Linx, visit www.jetlinx.com or contact a Jet Linx location near you for more information. To learn more about PGA team Jet Linx, visit www.jetlinx.com/ team-jet-linx/.
Kevin Chappell. Image provided by Jet Linx Aviation.
safety,” said Chappell. “They provide a service that is specific to the traveler, and traveling 32 weeks a year, most of the time with my family, allows us to get places quicker and get the kids to bed on time.” Steelman had his breakout year in 2007, earning his PGA Tour card through Qualifying School after three wins on the mini tours in 2007. With 14 top 10 finishes and a 25th place finish in the FedEx Cup in 2010, Steelman continues to improve and won his first PGA Tour in 2013 at the Tampa Bay Championship. “Life on the PGA tour can be very spontaneous,” said Streelman. “The ease in travel with Jet Linx while on tour is quite a benefit. Jet Linx offers us an incredible asset Jamie Walker, President & CEO Jet Linx. Image provided by Jet Linx Aviation. and partner in that regard. It is critical to my profession June 2017 | 15 Aviator Bulletins The latest aviation industry hiring news and more. Horizon Air Pilots Pass Vote To Amend Labor Contract
Image provided by Horizon Air.
orizon Air pilots, represented by the International the increasing demands of our growing airline,” said Brad Brotherhood of Teamsters (IBT) have approved an Lambert, Horizon’s vice president of flight operations and amendment to their existing eight-year contract. systems operations control. HHorizon is a regional airline that flies as Alaska Airlines. The contract becomes amendable on December The amended contract contains a significant increase 2024. There were 531 eligible pilot voters and among to pilot compensation, offered to both new and existing the 88 percent of pilots who voted, 79 percent approved pilots, with Horizon’s starting pay now at the top end of ratification. the regional airline industry pay scale at all steps. This, Pilots are covered by the Railway Labor Act, so labor coupled with the company’s generous incentive pay agreements do not expire; they become amendable and programs, top-tier 401k match, industry-leading flight remain in effect until a new contract is ratified. deck technology and desirable Pacific Northwest bases, make Horizon Air the best regional airline for pilots. To learn more about career opportunities at Horizon Air, pilots can visit the careers page at http://horizonair. “These agreements were achieved in partnership jobs/career-opportunities-pilots/ or on Facebook at https:// with IBT to ensure the company has top-tier pay for our www.facebook.com/QXPilotRecruiting/. pilots. This much needed pay increase, together with the incentive bonus programs in place, will enable us to Horizon Air is a subsidiary of Alaska Air Group and attract and retain the best pilots in the industry to meet flies to 39 cities across the United States, Canada and Mexico. 16 | Aero Crew News Back to Contents ExpressJet Airlines Announces $10,000 New Hire Pilot Bonus
Image provided by ExpressJet Airlines.
xpressJet Airlines has enhanced its pilot pay Pilots can learn more about ExpressJet and how to program with a $10,000 sign-on bonus for all new join our team at hire pilots effective immediately. This new incentive http://www.expressjet.com/careers/pilots. Ejoins the $7,500 type-rating bonus, meaning pilots can earn up to $17,500 just for joining the ExpressJet team. About ExpressJet Airlines In addition, the company will reward pilots who Headquartered in Atlanta, ExpressJet Airlines, a currently fly for ExpressJet with bonus initiatives of up to wholly owned subsidiary of SkyWest, Inc., is a regional $10,000. airline leader with over 5,000 aviation professionals, an average of more than 1,100 daily flights and an all-jet fleet Including the new incentive, first-year ExpressJet pilots of Embraer and Bombardier aircraft. Through capacity enjoy an industry-leading total compensation package purchase agreements, ExpressJet operates as American that includes additional trip pay, schedule flexibility and Eagle, Delta Connection and United Express to serve generous commuting policies. Pilots earn between $37- more than 160 airports in the U.S., Mexico, Canada and 40/hour with a 75 hour guarantee. the Caribbean. For more information, visit expressjet.com. Furthermore, ExpressJet offers pilots a structured career progression path to both United Airlines and JetBlue Airways. June 2017 | 17 Pilot Perspectives Written by: John Hackworth
Hard Work Pays Off
Sean Henry at Sun Air Express
art of my responsibilities at Professional Pilots of their wins and woes, to Tomorrow is to reach out to pilot applicants who are offers us an opportunity Pinterested in enrolling with our mentorship/networking to learn more about the organization. Since assuming the role I’ve had the good fortune industry, collectively. to speak with a wide array of pilots from all walks of life and Sean Henry was one of experience levels. As I listen to their stories, their perspectives the first students I had as of the industry and of its future, for which they are hopeful, I’m a flight instructor, and to reminded of the paths we all once took, in one way or another. this day, is a good friend During these conversations, I often find myself sharing and fellow aviator. Sean the same advice about the aviation industry. Some are basic, grew up in Queens, NY, such as being professional, working hard to establish effective and flew for the first time relationships and networks, and embracing the process of as a young boy on a family mentoring, even from early stages of one’s career. However, as trip to Jamaica. Like many of us, Sean knew immediately that time moves on and I experience more, I’ve learned a few other aviation was more than a means of transportation, it wasa key lessons. Always know your audience. I say this because passion and a dream. After having served two deployments in like any task worth its weight, becoming an airline pilot takes Iraq as a United States Marine, Sean returned home to become time, money and effort. The costs toward becoming apilot a Maryland State Police Officer. During this time, he met his are often much more than just monetary. Becoming a pilot wife and the two began building a life together. All the while, requires a great deal of sacrifice and perseverance, for which Sean never lost his passion for aviation and in 2011, moved the prospect of seeing any return on investment isn’t due for a to Daytona Beach to pursue his dream of becoming a pilot by very long time. It is exactly those hurdles, however, that make enrolling as a student at Embry-Riddle Aeronautical University. the triumphs so sweet. Shortly after completing his Instrument rating, the military cut While not all our paths are the same, it is important that spending for flight training and with his first-born right around we keep our own experiences in perspective and appreciate the corner, Sean had to decide: Balance the cost of supporting the victories and successes we’ve achieved. The process of a family and flight training, or pursue a new career. storytelling provides insight into the paths others have taken, Through perseverance and the support of family and
18 | Aero Crew News Back to Contents Pilot Perspectives
Like many of us, passion for aviation started at an early age for Sean. Images Provided By PPOT. friends, Sean pushed on, and while it took longer than others, and required working a wide array About the Author of jobs, Sean landed his first flying job as a pilot The majority of my youth was for a Part 135 operation in PA. As a means of spent living overseas and through the building not only flight time but experience, years of constant travel I garnered a Part 135 carriers provide an opportunity to hone passion for aviation. After receiving several airmanship skills. Never having flown my undergraduate degree in Business from Northeastern University in ’07, I cargo myself, I am often intrigued by the stories I pursued my dream by attending Embry- hear and Sean’s experience is no exception. After Riddle Aeronautical University, where a year of working long days and nights, countless I eventually became a flight instructor, weather related issues and even an engine failure, as well as earning a Master of Business Sean received the call. After tirelessly working to degree in Airline Management. As an support his family of five, Sean is in the first stages instructor, I was fortunate to have met of training to become a First Officer with Envoy many amazing people, both colleagues Airlines flying the CRJ-700/900. Not all our paths and students, many with whom I am are the same however, as Sean’s story hopefully still in contact. I am eager to continue my passion for both aviation, as well as highlights: Through hard work, dedication and mentorship. focus, we can accomplish great things.
June 2017 | 19 Let your education take off with a degree from CCU.
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Contact our Pilot Recruitment team at [email protected] or call 508-727-7883. MILLION-AIR Written by: Andy Garrison, MBA, CFP®
7 7 Steps To 6 Your Ideal Financial 5 4 Life
3 2
1 Photo used with permission from Pixabay.com
id you know that building significant wealth and creating What’s important to remember when you’re defining your your ideal financial life is actually a science? This means ideal financial life is that you don’t hold back. We’ll get to the Dthat by following a specifically designed process, you can “how” of it later, now is the time for the “what.” create your ideal financial life. As you begin to get a good feel for your ideal financial life, While most people have undoubtedly spent time dreaming you should see a theme, or one ultimate goal, or a target that of their “ideal” financial life, many don’t have or operate by a stands out to you. I call this your “dominant financial aspiration” process to actually get there. Let’s change that today! because it is the one thing you focus on more than any other. Below you will find an overview of the seven-step process Once you’ve identified this dominant financial aspiration, I’ve been using with people for years to help them create their move on to step two. ideal financial life. Anyone can create the financial life they want, which means you can too. Step 2 – Identify what needs to be true for you to achieve your dominant financial aspiration Step 1 – Define your “ideal” financial life List out everything (yes, everything) that will have to be true What does ideal mean to you? When you think of how you for you to achieve your dominant financial aspiration. If you want your financial life to operate, what comes to mind? Do believe you will need to earn a certain amount per year, put you want to eat out without worry? Take large-scale family that down. vacations each year? Live in a certain home or area? Contribute If you know you’ll need knowledge or skills that you don’t large amounts to certain causes or organizations? have now, add those to the list. Simply ask yourself what needs to be true or what needs to occur for you to achieve your target.
22 | Aero Crew News Back to Contents MILLION-AIR
Twitter: @Pilot_Planner LinkedIn: linkedin.com/in/pilotplanner
Step 3 – Identify current gaps Next, identify the current gaps you have between where you are now and what needs to be true for you to reach your dominant When it comes to planning your financial life, keep financial aspiration. There are four areas we all have gaps in: your plan simple so you can focus on action. How do you do that? Simply create a list of action items that move Knowledge or know-how you toward your goal and prioritize that list. Skills needed My favorite strategy for planning is based from “The ONE Area(s) lacking confidence Thing” by Gary Keller. In short, you continually ask, “What is the ONE thing I can do to ensure I reach my dominant financial Missing drive/desire/motivation aspiration?” For the realities you listed in step two, what additional Start with your ultimate timeframe (“What is the ONE thing knowledge will you need? Are there skills you need to acquire I can do to ensure I reach my dominant financial aspiration by to manifest these realities? When do you need increased X date?”) and work backward. (“What is the ONE thing I can do confidence, and where might you lack drive or motivation to this year/this month/this week/today to ensure I am on track pursue your ideal life in tough times? for reaching my dominant financial aspiration by X date?”) Step 4 – Identify and decide how to fill the gaps As you compile your list of actions, prioritize them based on We all have gaps in the areas listed above, which means what needs doing first, what has the biggest impact, and what we all must decide how to fill these gaps. There are two main can be done quickly and easily to gain momentum. strategies you can use to do so: Step 6 – Establish your review and accountability Learn or build yourself process Hire a coach or expert Once you have your plan in place, it’s time to follow it! To When it comes to filling knowledge and skill gaps, it can do so effectively, you will need a process to review where you often make sense to learn the knowledge or build the skills are, the progress you’ve made, and your path to reaching your by yourself. If you’re lacking in confidence or in the proper ideal financial life. motivation – or if the skills or knowledge would take too long All of us go through periods of ups and downs in our or cost too much to obtain – you may want to look into hiring motivation and having an accountability process or partner can an expert or a coach to accelerate your path. help keep you on track. By staying accountable, you significantly Regardless of which path you choose, you must take action increase the likelihood you’ll meet your goal. toward filling the gaps that are keeping you from achieving your dominant financial aspiration. Step 7 – Take action! Now that you know your ultimate destination (your ideal Step 5 – Map out your plan financial life), what needs to be true for it to happen, what you Once you’ve identified what needs to be true and the gaps need to make it happen, and the actions you will take to get you currently have (and how you will fill them), you can create there, you need to take action and make it happen! your plan of how to achieve your dominant financial aspiration.
June 2017 | 23 MILLION-AIR
With our financial life, there are three “levers” we can About the Author pull to move us forward: 1) How we make our money. Focus on increasing your Andy Garrison is a value, finding additional streams of income, increasing your private pilot, a Certified skills, and finding those who would benefit from your skills. Financial Planner™, and holds an MBA. He 2) How we manage our money and risks. Properly has over 22,000 hours manage your cash flow and budget, create free cash flow, “in type” advising and have a reserve fund, and insure what needs to be insured. coaching people to get 3) Systematically save and multiply your money. Make a structure in place to sure you’re saving and investing your excess income to build significant wealth build your wealth over time. in a matter of years, not decades. He is the Final thoughts author of Million-Air: Creating your ideal financial life is a science anda Strategies For Pilots To Build Significant Wealth. process, which means you can do it! Follow these seven Andy’s purpose is to push people to see the possibilities steps and start building the financial life you want, in their lives, to inspire and guide them to reaching their regardless of where you are now. full financial potential. He has held wealth management Want to know more? Check out the four-part series and financial planning roles at the top-rated firms in the on creating your ideal financial life at AirspeedAndMoney. country, and is passionate about helping pilots exercise com/ Join or email me at [email protected]. wise “Financial Decision Making.” If you’re a pilot and there’s a dollar sign involved, he can help.
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