13 Sep 2019 Contract Pilot Rates
As the aviation industry continues to grow, the demand for highly skilled and experienced pilots has also increased. With this demand, the contract pilot rates for 2019 have changed significantly. If you are a pilot looking for contract work, it is important to know the current rates and how they may affect you in the upcoming year.
In 2019, the average daily rate for a contract pilot has increased by approximately 5%. This means that pilots can expect to earn between $700 and $1500 per day depending on their experience, aircraft type, and location. The increase in rates can be attributed to the growing demand for pilots and the limited supply of experienced pilots in the market.
The type of aircraft being flown also plays a role in determining contract pilot rates. Pilots flying smaller, single-engine aircraft can expect to earn less than those flying larger, multi-engine aircraft. The rate for a helicopter pilot will also differ from that of a fixed-wing pilot. For example, helicopter pilots can earn upwards of $1,200 per day, while fixed-wing pilots can earn between $700 and $900 per day.
Location is also a factor in determining contract pilot rates. Pilots in areas with a higher cost of living or a higher demand for pilots will typically earn higher rates. For example, pilots in California, Florida, and Texas can expect to earn higher rates than those in smaller towns or rural areas.
It is important for pilots to do their research and negotiate their rates based on their experience and the specifics of the contract. Contract pilot rates can also vary based on the length of the contract, the pilot`s availability, and the level of demand for their services.
In conclusion, contract pilot rates for 2019 have increased by approximately 5%. Pilots can expect to earn between $700 and $1500 per day depending on their experience, aircraft type, and location. It is important for pilots to do their research and negotiate their rates based on their specific situation. The aviation industry is a rapidly growing industry, and pilots can take advantage of the demand for their services by staying informed on the latest contract pilot rates.