October 2017 Aero Crew News Your Source for Pilot Hiring Information and More...
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AEROCREW NEWS (SEPT 2017).indd 1 9/26/17 3:30 PM contents October 2017
Letter From the Publisher 8 Virtual Pilot Job Fair Aviator Bulletins 10 Latest Industry News Aero Crew Solutions 18 Virtual Job Fair Q&A Pilot Perspectives 20 24 First Impressions MILLION-AIR 24 The 5 Keys To Financial Independence Fitness Corner 28 OSA & BMI: Obstructive Sleep Apnea & Body Mass Index Contract Talks 32 The Regional Airline Concept 34 Food Bites 34 Rebel Kettle Brewing Company Safety Matter 36 The 1500 Hour Rule – Safer or not? Exclusive Hiring Feature 40 SkyWest Airlines Cockpit 2 Cockpit 48 40 After the Interview
INDUSTRY EXPERIENCE CREDIT Jump to each section above Have experience with an FAR Part 121 Carrier? by clicking on the title or photo. Upgrade Your Career and get paid for your experience with SkyWest’s new Industry Experience Credit Program. Plus, we’re offering a$7,500 bonus for current RJ-type rated pilots.
See inside for details. the grids
Sections Airlines in the Grid
Updated
Legacy FedEx Express The Mainline Grid 52 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 60 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 68 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]
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Up to $57,000 in bonuses New exciting partnership with 18-24 month upgrades United Career Path Program Industry-leading health benefits Letter From the Publisher
Dear Readers,
This month, Aero Crew Solutions is announcing the first ever, FREE virtual job fair for pilots. Instead of spending money on travel expenses, pilots can now save their hard earned cash and time by signing up for this FREE Virtual Pilot Job Fair! You will still get your 10 to 20 minutes in front of a recruiter (or more if they select you for an on-the-spot interview). All you will need to participate is a tablet/computer with a camera and an internet connection. This will be the first of many job fairs of this kind. Not only is this job fair free, but the extended hours will accommodate your busy work schedule. If you happen to be flying on November 17, the day of the job fair, that shouldn’t be a problem because it will run from 10am to 7pm eastern time. For additional information about the VPJF, check out the Q&A from Scott Rehn. Lastly, Aero Crew News will be available and anxious to talk to you at the VPJF. You’ll just click on our “booth” to reach us where we look forward to talking to you about how we can make Aero Crew News an even better publication that serves you! So what does this have to do with the beach? You can literally be on the beach for this Virtual Pilot Job Fair! Just make sure you still wear a suit.
Be Safe,
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
We gladly accept and encourage letters to the publisher. 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 September 2017
Here’s what you missed last month. Aero Crew News featured Southern Airways Express and we Credits added a new column dedicated to Aviation Law, written by Aviation Lawyers, called Skylaw. Last Publisher / Founder month Skylaw reviews The “New” FAA Compliance Craig Pieper Philosophy. Contract Talks discusses Open Time. Fitness Corner warns you about BPA Hazards Aero Crew Solutions, CEO and Flight Crews. Million-Air discusses The Four Scott Rehn Biggest Financial Mistakes and How to Avoid Them. Cockpit2Cockpit provides us with the OBAP After Editor Action Report? Pilot Perspectives highlights how It Deborah Bandy Pays to be Personable. Lastly, there’s always more aviation news with Aviator Bulletins from Endeavor Photo Editor Air, ExpressJet Airlines, Envoy Air and CommutAir. Melody Hood To view this and previous issues, visit our archive Layout Design By at aerocrewnews.com/category/issues/ Craig Pieper, Melody Hood
Additional Contributors Max Wettstein, Scott Rehn Andy Garrison, Marc Cervantes, Marc Himelhoch, Scott Stahl
Aviator Bulletins Provided by the companies listed
SkyWest Airlines Feature Contributors Author: McKall Morris Layout, Design, Photography: Alex Hamilton
Photographs By Melody Hood
Additional photographs as noted. © 2017 Aero Crew News, All Rights Reserved. Aero Crew News 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.
September 2017 | 9 Aviator Bulletins The latest aviation industry hiring news and more.
Air Wisconsin Begins Service as United Express Defined Career Path from 500 hours to United First Officer
Image provided by Air Wisconsin
Air Wisconsin Airlines could not be more excited to on bonuses, projected upgrade in 18-24 months, industry- have renewed a long-term partnership with United Airlines leading health benefits, 401(k) with company match up to with the commencement of service once again as United 8%, and quality of life perks that have individuals eager to Express flying our first routes in early September of this start and complete their First Officer training. year. By March 2018, Air Wisconsin will be operating 65 For those lower-time pilots, our unique Airman CRJ-200s exclusively within the United global network. Trainee part-time positions will help bridge the gap Not only are we very proud to be flying once again with between 500 hours (250 from our partner schools) and United Airlines, but to be able to offer both our pilots and ATP minimums. Airman Trainees receive bi-monthly Airman Trainees the unique advancement opportunity paychecks, participation in our 401(k) with company created by the United Career Path Program (CPP), which match, and travel benefits throughout the United Network. is certainly something worth celebrating! This exceptional program rewards you for just a few hours Through this program, the United Airlines CPP offers of work per month while you continue working and building Air Wisconsin pilots the opportunity for career progression flight time right where you are. There are no contracts, no directly to a First Officer position at United Airlines. Once commitments and we don’t tell you where you have to go. accepted into the CPP, pilots need only build their hours Now is the perfect time for all prospective candidates with Air Wisconsin over the course of the next few years to to join Air Wisconsin Airlines and become part of our great ultimately transition to United Airlines. partnership with United Airlines; with everything we are If that isn’t exciting enough, Air Wisconsin continues to able to offer, joining our team is the smart choice for your recruit some of the most talented First Officer candidates aviation future. We look forward to welcoming you to the with our regional industry-leading compensation and Air Wisconsin family. second-to-none hiring incentives: up to $57,000 in sign-
10 | Aero Crew News Back to Contents Big news and big hearts at Envoy
Envoy saw a wide range of action in September from A big boost to Envoy’s pilot numbers comes from its new Cadet Program partner schools, record-breaking pilot Cadet Program partner schools, and Envoy just brought classes and hurricane-relief efforts across the system. on one more – and it’s a big one. Envoy will officially Beginning after Harvey devastated the Texas coast, an welcome CAE to begin hiring Envoy cadets as Certified Envoy new-hire class collaborated to bring in toiletries, Flight Instructors to provide training at CAE’s academy in bottles of water and cash donations to be sent to DFW- Phoenix, Arizona. area shelters housing displaced hurricane victims. As part of the program, cadets will benefit from gaining “We just wanted to pitch in and help the people of experience in a professional environment while building Houston,” said new-hire First Officer Michael Bond. “A few the 1,500 required flying hours to advance their career. of my classmates live in Houston and have family there. “We’re delighted to formally welcome CAE to Envoy’s It’s not much, but we hope it helps.” Cadet Program,” said Ric Wilson, Vice President Flight After Hurricane Irma hit the Florida coast, Envoy sent Operations. “As CAE is one of the leading and most a crew to Key West supplied with water, non-perishable respected training organizations in the world, Cadets can goods, four electric generators, cleaning supplies and expect the highest training quality.” more. The flight also carried more than 150 hot meals Together with industry-leading pay, a direct path to provide to employees and U.S. service members who to American Airlines and a fantastic benefits package, were deployed at the airport. Envoy is the best choice for pilots beginning a career with Back in Irving at Envoy’s headquarters, a record- a regional airline. If you would like to join the thousands breaking pilot class began training on September 25 with of Envoy pilots and begin a life-long, fulfilling flying career, 64 new hires! This is the largest class the Envoy training visit envoyair.com/pilots or email envoypilotrecruitment@ center has ever seen, and it’s a good signal for the future aa.com for more information. at Envoy. Image provided by Envoy
September 2017 | 11 Aviator Bulletins The latest aviation industry hiring news and more.
Compass Airlines Rolls out $17,500 Signing Bonus and Increases First Year Pay to $41.00 Per Flight Hour
Images provided by Compass Airlines
At $41.00 per flight hour, first year, First Officer pay at Compass Airlines is the now the highest in the regional airline industry. Plus, all new hire pilots at Compass are eligible for a $17,500 signing bonus, bringing total first year compensation to as high as $73,000 per year. Compass employees also have the opportunity to earn up to $10,000 for each successful pilot they refer to the company. With Captain upgrades averaging just 18-24 months and pilots moving on to major carriers in just three years on average, there’s never been a better time to join our team. Let’s get to know each other: [email protected] Facebook Twitter LinkedIn Instagram
12 | Aero Crew News Back to Contents Don’t Leave Your Longevity Behind— Bring it With You to GoJet Airlines Current 121 pilots can carry over longevity from other carriers at a rate of 1:1
Ready for a change, but reluctant to walk away from All new hire pilots are eligible for a $12,000 signing the longevity that you’ve accumulated at your current bonus. Current and qualified 121 pilots are eligible for carrier? Bring your longevity with you to GoJet. GoJet an additional $3,000 training bonus. Additionally, GoJet’s allows current 121 pilots to carry over their longevity at a Pathway Program with Airbus operator Spirit Airlines rate of 1:1. For example, a pilot with two years of longevity guarantees participating pilots a job at Spirit in as little as at another carrier would start at GoJet with two years of two years. longevity. Pilots taking advantage of longevity carry over Get in Touch: can also earn up to 6 months early seniority by coming to two days of Indoc training, receiving a seniority number, [email protected] and then being placed on personal leave for a maximum Facebook of 180 days. Twitter LinkedIn Image provided by GoJet Airlines Instagram
September 2017 | 13 Aviator Bulletins The latest aviation industry hiring news and more. Jet Linx “Dares You To Tutu” For Breast Cancer Awareness Month Raising Awareness and Funds in Partnership with The Tutu Project
Image provided by JetLinx For the third consecutive year, Jet Linx has partnered social media campaign for each photo submitted to a with The Tutu Project to continue its heartfelt (and Jet Linx Base with the iconic tutus and the #Dare2Tutu whimsical) approach to the fight against breast cancer. hashtag. To date, Jet Linx raised a total of $27,395 for Throughout the month of October, in tandem with Breast the organization through the #Dare2Tutu social media Cancer Awareness Month, Jet Linx’s entire network campaign, silent auctions and member donations. Jet Linx of clients, friends and team members across 14 Base pilots will also be bringing awareness to the skies, with locations nationwide come together and don pink tutus in flight crew members wearing pink ties for the month of support of The Tutu Project and The Carey Foundation. October. Bob Carey, the talented photographer behind The “It is one of the most fun and rewarding charities we Tutu Project, founded the organization with his wife, Linda, participate in” said Jamie Walker, President & CEO of Jet after she was diagnosed with the disease in 2002. In an Linx. “Jet Linx team members, alongside our generous effort to put a smile on Linda’s face during her darkest community of clients and friends, proudly wear pink tutus days of fighting the disease, Bob began taking photos of in a bold effort to raise awareness and funds for breast himself in a pink tutu. cancer and The Tutu Project.” Today, Bob helps inspire thousands with his awe- “We are very excited that this is our third year working inspiring photos and is at it again with a limited edition Jet with Jet Linx,” said Linda Carey, co-creator of The Tutu Linx Tutu Project photo. The photo will be available for Project & President of the Carey Foundation. “They have silent auction at Jet Linx Base locations and featured in been wonderful to work with and they have helped us the official 2018 Tutu Project wall calendar. Additionally, reach our goals of helping to make the lives and women Jet Linx will donate $20 as part of its Every Tutu Counts and men living with breast cancer easier.”
14 | Aero Crew News Back to Contents Papillon Grand Canyon Helicopters Launches New Tours Showcasing Grand Canyon Luxury Dining Experience Tour by air or ground and dine this fall with Papillon Grand Canyon Helicopters. For the first time, the world’s largest and longest- bridge which offers unobstructed views nearly a mile down running flightseeing company will launch a collection to the canyon floor. To commemorate the occasion, they adding a twist to their most popular tours by showcasing will be given souvenir Skywalk photos. The group will Grand Canyon West’s new restaurant, Sa’Nyu Wa, which then be escorted to Sa’Nyu Wa for lunch before returning means “Home of the Eagle.” to the helicopter. ($554 per adult and $534 per child, approximately 6.5 to seven hours). Whether arriving by helicopter, airplane or Mercedes Sprinter vehicle, guests have three unique ways to travel Indian Adventure with VIP Dining Package to the Grand Canyon before experiencing a spectacular This luxury tour begins by boarding an airplane three-course lunch at the area’s only full-service dining featuring oversized windows designed specifically for option. sightseeing. After landing in the West Rim, guests will be Each package will include: taken to Eagle Point to have lunch at Sa’Nyu Wa, before returning to their shuttle for the transfer to the second • Views of Hoover Dam, Lake Mead and the Grand canyon viewpoint, Guano Point, the most intricate part of Canyon. the canyon, offering nearly 360-degree views. ($384 per • Lunch at Sa’Nyu Wa featuring a panoramic view adult and $364 per child, approximately seven hours). through glass walls of the canyon and Eagle Platinum West Rim with VIP Dining Package Point. Executive Chef James Mendoza’s menu* will feature savory Southwest dishes and Asian- On this tour, guests will take-in intimate views of inspired cuisine such as pad thai, double bone the scenic Mojave Desert landscape. This ground tour pork chop and fried ice-cream. transports guests from Las Vegas to Grand Canyon West aboard a customized Mercedes Sprinter vehicle, complete • Both the Heli Skywalk and Indian Adventure with plush seating, air conditioning and oversized windows packages will receive complimentary round- for optimal sightseeing. Brief stops will allow for close- trip transportation from Las Vegas resorts to up views and photo opportunities of the desert, Hoover the Papillon Aerocenter located in Boulder City, Dam and the Colorado River. While at the canyon, shuttle Nevada. service will stop at the scenic Eagle Point for lunch at Heli Skywalk Tour with VIP Dining Package Sa’Nyu Wa. After, guests will take-in the majestic views of This experience begins with a helicopter flight to Guano Point before their return trip to Las Vegas. ($289 the West Rim. Upon landing, guests will be taken to the per adult, $269 per child, approximately 12 hours). Skywalk Bridge where they will be given an exclusive To book the tours, go to www.Papillon.com or call pass to experience the horseshoe-shaped, glass-bottom (702) 736-7243.
September 2017 | 15 Aviator Bulletins The latest aviation industry hiring news and more.
Silver Airways Announces Major Strategic Growth Developments
Upgraded Fleet Silver announced today a historic agreement by Silver will take delivery of up to four ATRs this year signing a letter of intent to renew and expand its fleet with starting in the fourth quarter following receipt of regulatory up to 50 new ATR-600 series aircraft. This is a significant approvals. Remaining deliveries of the first 20 aircraft are strategic accomplishment for the airline and a transaction expected to be completed by the first quarter of 2020. valued at up to $1.1 billion. The initial order is for 20 ATR- Crew training will be conducted by ATR at its new training 42-600 aircraft and the agreement also provides Silver the facility in Miami, which is home to a new multi-million-dollar ability to upgauge to the larger series ATR-72-600s. With investment of a Full Flight Simulator (FFS) for the ATR- this deal, Silver becomes the first fully independent U.S. 600 series aircraft. The new aircraft will replace Silver’s regional airline in more than 20 years to sign a new aircraft existing fleet of 21 Saab 340B Plus turboprop aircraft over deal of this magnitude. The firm 20 aircraft will be lease time. More information about the ATR-600 series aircraft, financed by Silver. including photos, can be found on ATR’s website at www. “Thanks to our incredibly dedicated and hardworking atr-aircraft.com. team, this aircraft acquisition is a monumental leap forward The new ATR-600 series features the widest cabin for Silver, our team members, and our passengers, and in the regional aircraft market with a new ergonomic will allow us to expand our network with greater reach, design and lightweight slim seats offering passengers including further into the Caribbean and the Southeastern maximum comfort. Silver’s ATR fleet will be configured United States,” said Jason Bewley, Silver Airways’ with 46 seats in a 2-2 seating configuration with up to a President and CFO. “As the world’s leading regional 32-inch pitch offering more legroom than many mainline aircraft, new ATRs will provide Silver’s passengers aircraft. In addition, Silver’s ATR fleet will have spacious unparalleled experience and reliability and our pilots the full-size overhead bins for carry-on bags along with industry’s most advanced cockpit. Silver is honored to full-size lavatories and bright LED lite cabins that are partner with ATR as its North American launch customer quieter than regional jets. The new ATR-600 series also for these technologically advanced aircraft.” features the latest innovations in cockpit technology with Christian Scherer, ATR’s Chief Executive Officer simplified, integrated LCD advanced functions, enhancing declared: “Our thanks and congratulations go to our new safety, and improved handling for pilots, as well as the customer Silver Airways. Silver’s detailed evaluation latest in avionics technology. The state-of-the-art, all glass vindicates our belief that the ATR42-600 is the obvious cockpit further reduces flight crew workload and enhances aircraft of choice to upgrade older 30-50 seat regional situational awareness while providing better reliability, fleets. We are excited that the travelling public in the U.S. maintenance cost savings and weight reduction. will discover that, when they are onboard an ATR -600 series, flying on a modern prop- jet bears no comparison to the regional aircraft of yesteryear – it is as comfortable and affordable as regional flying gets!”
16 | Aero Crew News Back to Contents Express Hire Program at Trans States Airlines Eliminates the Interview Process for Current & Qualified 121 Pilots
Trans States Airlines’ Express Hire Program provides thanks to a new bonus package rolled out this spring. a streamlined hiring process for pilots currently employed Trans States also offers fast upgrades, great domiciles, by 121 airlines. Current and qualified 121 pilots are not and a culture like none other. In fact, one new hire recently required to interview with Trans States Airlines and will described the culture at Trans States as “more of a family be offered an immediate class date, pending application mentality than an airline mentality,” while another said that approval. To qualify, pilots must have completed training Trans States “just feels like home.” and be online at a 121 airline. Compensation. Culture. Camaraderie. You’ll find it Pilots who take advantage of the Express Hire all at Trans States Airlines. program are also eligible to take advantage of Trans About Trans States Airlines: Trans States Airlines States’ Seniority Reservation Program, which allows flies on behalf of United Airlines and American Airlines, new hire pilots to come to training for two days, and then providing service to over 80 cities in North America with leave for up to 90 days to complete other commitments. over 240 daily flights. When pilots return to training, they already have up to 90 days of seniority. Seniority determines everything for Connect: pilots, including schedule, base assignment, and upgrade [email protected] time. Pilots are more likely to get their preferred base Facebook assignment right out of training with three months of Twitter seniority backing their bid. LinkedIn Trans States pilots can now expect to earn up to $75,000 in total compensation during their first year alone, Instagram Image provided by Trans States Airlines
September 2017 | 17 Q&A with Scott Rehn CEO Aero Crew Solutions
Q – Tell us about the virtual job fair? Q – How will attendees meet with recruiters? A – The time has come to shake up pilot job fair events. We A –They will be able to book individual appointments with are taking our physical job fair events and transitioning them to recruiters. These appointments can last up to 30 minutes the virtual world, to make it easier for pilots and recruiters to depending on the company. You will now be able to text chat, connect. You will now be able to text chat, audio call or video audio call or video conference with a recruiter live. If you do conference with a recruiter, live. not have a scheduled appointment, there will also be a waiting The virtual job fair setup is exactly the same as a physical job queue for each airline during the job fair. fair. You will have a pre-function space with doors leading into different venues. There will be a company presentation room, Q – What can I do at a company’s virtual booth? a company exhibit hall and individual company booths. We will also have chat rooms where pilots can connect and build their A – You can view and download PDFs of the latest hiring professional networks. information, you can watch company videos, view job listings and apply directly online, and talk to company recruiters.
Q – Who should attend and why? Q – What happens if I miss the virtual job fair? A – This event is FREE for anyone to attend. You’ll no longer have to pay for admission, an airline ticket or hotel room. You A – If you are not able to attend the virtual job fair, you will can attend even if you are at work. All you will need is a device still be able to visit a company’s booth and download PDFs and and an internet connection! You can participate in the virtual videos. You will also be able to watch all the recorded webinars. pilot job fair and still have time in the day for work, family and All information will remain active seven days after the date of friends. the job fair. This event is for people from those in high school looking to get into aviation, pilots looking for their first flying job, and Q – How can I sign-up for the virtual pilot job fair as an pilots looking to advance their careers, to pilots looking for attendee or company recruiter? post-retirement jobs. A – You can sign-up for the virtual job fair at Some of the participating companies will make live webinar aerocrewsolutions.vfairs.com If you have a question about the presentations where you’ll learn the latest information job fair please email [email protected]. regarding pilot hiring. At the end of each presentation, you’ll have the opportunity to ask the recruiters questions live via chat. And, Aero Crew Solutions will be hosting a 45-minute career seminar.
18 | Aero Crew News Back to Contents September 2017 | 19 Pilot Perspectives Written by: John Hackworth
First Impressions
t’s common knowledge that first impressions are important, with everyone and not everyone is going to get along with but how exactly does this apply in our industry and to our you. However, considering that while at work we are in a Icareers? Regardless of what stage in our profession we are, professional environment, it goes without saying that there whether it is working on our private pilot’s license or applying are certain guidelines and rules within which we ought to to our dream job with thousands of hours of experience, it’s operate. Despite having differences of opinions or general crucial that we be conscious of the manner in which we interact disagreements with some in the workplace, understanding that with others and how one’s behavior is perceived. Everything when first engaging with someone new, adhering to basic social from our attire and personal hygiene to the manner with etiquette norms ensures that you come across as approachable which we communicate with others is critical in establishing a and professional. positive first impression. These initial interactions have lasting Now that we have discussed why first impressions are so effects on how each is perceived and the relationships that are important, I’d like to share with you how they apply to your created. This remains particularly true in the aviation industry career and the airline industry, jumping between both the as it is a small, tight-knit community in which networking plays private pilot and airline pilot. Some of the basic traits you a crucial role in professional growth. need to be conscious of are your personal appearance and So how important are first impressions? There is a concept the manner with which you communicate. This includes, but titled Uncertainty Reduction Theory in which it is recognized is not limited to, language, facial expressions, body language that humans do not like the unknown. To manage this and tone. discontent for that which we do not know, people attempt to Whether you’re meeting your flight instructor or student for reduce uncertainty. You may notice this when first meeting the first time or starting a four-day trip with a new captain or someone, we immediately begin asking basic questions as first officer, the first impression counts. You are inevitably going a means of filling in the gaps. During this process, we begin to be spending a lot of time with this other person in a confined to form perceptions about future benefits of engaging ina space and you are going to have to rely heavily on being able relationship with the stranger, which can be either an advantage to communicate and have trust in each other. It’s important or disadvantage, depending on the outcome. Additionally, first to make the opportunity to demonstrate your character to encounters are the building blocks upon which people establish establish a solid foundation upon which to build a functioning credibility. While your actions, over extended periods of time, team relationship. Considering this, how much do the clothes will either prove or disprove your credibility, people’s initial you wear matter? How important is your hygiene? It may seem perceptions are often difficult to change. For that reason, inconsequential on the surface, but to the other individual, setting the right tone that first time around is the foundation these act as indicators of your character and credibility, upon which you build lasting relationships. whether accurate or not. If you are unable to take the time to Considering that each person possesses their own present yourself in a professional manner by grooming yourself personality, it is important to realize you may not get along or taking care of your clothes, how does this reflect on your
20 | Aero Crew News Back to Contents Pilot Perspectives
other professional duties and responsibilities? Again, while you first impressions are set in stone. As a new flight instructor, my have time to prove yourself over the course of each lesson/ first student and I had a breakdown in communication upon flight, that initial impression has been cast. our first meeting. Everything from the attire he wore to how Similar to your personal appearance, how you communicate he responded to the questions I asked, seemed to conflict with on initial contact has lasting effects on the relationships you my expectations and in turn did not impress upon me that he establish. Upon first meeting your flight instructor or captain/ was someone with whom I was going to get along. Fast forward first officer, everything from the words you use, how you say seven years and not only are we colleagues, but we are good them, and what you say sets the tone for everything that friends. follows. This includes body language and facial expressions. As mentioned before, it is recommended that one adhere to basic social etiquette norms – such as, avoid curse words and using excess tonal inflections (in other words, being loud). In About the Author general, you also want to avoid charged or sensitive topics such The majority of my youth as politics, religion and other themes which typically ought to was spent living overseas remain clear of any professional setting or environment. It’s and through the years of not that you aren’t allowed to have opinions and that you can’t constant travel, I garnered share them, but it is important to consider the situation and a passion for aviation. After circumstances and recognize that there is an appropriate time receiving my undergraduate and place. degree in Business from Northeastern University in While these may seem obvious, what may not be are the ’07, I pursued my dream choice of paths we take with those who we encounter along by attending Embry-Riddle the way. Your first student as a flight instructor may one Aeronautical University, day be your captain. As professionals, we need to consider where I eventually became a the impressions we impart and how those will affect our flight instructor, and earned relationships. The examples used above are not limited to just a Master of Business degree the two pilots sitting next to each other, but extend to others as in Airline Management. As an instructor, I was fortunate to well. Our chief pilots, maintenance crews, inflight, gate agents, have met many amazing people, additional crew members or even our customers all warrant both colleagues and students, many with whom I am still in contact. due consideration upon first meeting. It is worth mentioning, I am eager to continue my passion for both aviation, as well as that while significant, it is not a foregone conclusion that all mentorship.
September 2017 | 21
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IconFlyer_8-5x11.indd 1 1/26/2017 3:49:05 PM MILLION-AIR Written by: Andy Garrison, MBA, CFP®
The 5 Keys To Financial Independence
define financial independence as having sufficient income that be in life, aviation, or in reaching financial independence. from your assets, business(es), and investments to cover all To build this knowledge, start by understanding what an Iof your monthly living expenses. Based on that definition, asset (something that appreciates in value or makes you money) I’ve been fortunate enough to observe many people becoming is and how it differs from a liability (something that steals financially independent while working directly with them. resources from a productive use) and an expense (something I also believe that financial independence should be your that costs you money with no return to you). end goal when it comes to your money. The more freedom Once you have a foundation of knowledge, you need to your money provides, the more fulfilling and generous life you know how and where to apply it. To do this, you must have can live, which is what it’s all about! a very strong situational awareness of where you are now. So how do you get to financial independence? Follow these If you know you need to have $2,000,000 for your financial five keys and you’ll be on the path far sooner than you might independence goal, you need to know where you currently expect. stand. Key #1 – Build your knowledge and situational awareness Once you know the gap (the difference between where you Knowledge is the foundation to all (correct) action. If you want to be to where you stand now), you can build out a plan don’t know what you need to do and what your targets are and to close the gap and reach your goal. (For more on building a should be, you’re unlikely to accomplish your goal, whether plan, see the July 2017 column).
24 | Aero Crew News Back to Contents MILLION-AIR
Key #2 – Think “right” about financial independence Before you can truly accomplish anything, you need to believe that you can accomplish it. As you look to build financial independence, realize that it is 100% doable for you and for anyone. Lacking certainty on this? Take a look at some of the most financially successful people in the world and see where they started. To think “right” about financial independence, you must be willing to reject society’s way of Image provided by Andy Garrison thinking. Today, some will tell you that you’re greedy if you want to build wealth and that it’s luck, not skill or work, that determines your ability. Key #4 – Buy assets that generate income This is completely false, and you need to be willing to forget Assets are things that generate income for you either now that faction of society’s view and focus on what you know you or in the future. They are not luxury cars, more house than you can accomplish. Complete financial independence in a matter need, or expensive toys. Assets make you money, everything of years, not decades should be your goal, not working 40+ else costs you money. years in the holds of accumulating enough to “get by.” Buying assets with freed cash flow each month is how the Key #3 – Free up at least 30% of your income rich keep getting richer and how you can start or accelerate As you will see in Key #4, to reach financial independence, your path to financial independence. Common assets are: you must have plenty of cash to put away each month toward real estate, dividend paying stocks, certain bonds, scalable assets that produce income for you. For many, saving 30% of businesses (online courses, books, etc.), and anything that can their income seems impossible, but it isn’t! Here are three generate income without you being there full-time. strategies that always work: Key #5 – Don’t stop! 1. Increase your income. Start a side business or create Is building significant wealth and reaching financial another income stream in your spare time. (We all have independence hard? You bet! So is anything worthwhile in life. some spare time.) The good news is that it gets easier and easier every single year 2. Cut back on your expenses. Are there things you can and eventually becomes so second-nature that you wake up at cut out each month? Consider not just Starbucks, but your goal one day and don’t even realize it. bigger expenses such as car payments, large mortgages, To reach your destination of financial independence, you etc. have to practice persistence. As time goes on, you will start 3. Save more tomorrow. Commit to saving 50% of every to see the power of compounding working for you as the single pay raise or bonus you get until you’re saving income generated by your assets is available to purchase more 30% of your income. assets that generate more income, and so on. This type of compounding is the most powerful force in the financial world When you have 30% of your income free each month, you’re and the true key to you building the wealth you want. ready to start buying assets.
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Twitter: @Pilot_Planner About the Author Email: [email protected] Andy Garrison is a LinkedIn: linkedin.com/in/pilotplanner private pilot, a Certified Web: http://www.airspeedandmoney.com/ Financial Planner™, N W $22,100 and holds an MBA. He has over 22,000 hours GN- N NU Final thoughts “in type” advising and Not being financially independent is simply not an coaching people to get option. You are the only person looking out for your a structure in place to financial life and now is the time to start or accelerate your build significant wealth journey to complete financial independence. in a matter of years, not decades. He is the Build your knowledge up, learn what you need to know author of Million-Air: and increase your situational awareness in your financial Strategies For Pilots To Build Significant Wealth. life. Know that you can obtain the wealth you want and shun society’s views on money and wealth. Andy’s purpose is to push people to see the possibilities in their lives, to inspire and guide them to reaching their Free-up cash each month to buy assets that generate full financial potential. He has held wealth management UN D C income and use that income to buy more assets. This is and financial planning roles at the top-rated firms in the P P G M how you build massive wealth that allows you to live a country, and is passionate about helping pilots exercise fulfilling and generous life! wise “Financial Decision Making.” If you’re a pilot and PS – Want a free copy of my book: Million-Air: there’s a dollar sign involved, he can help. Strategies For Pilots To Build Significant Wealth? Head to AirspeedAndMoney.com/freebook.