@@timothygeiger8271 the most aviation training will cost you is close to $300 000. It cost about $70 000 to get comme licence. This guy is lying to you guys.
@@jasonMB999 i would say he was still right on. If flight school costs $300,000, you would still need to be a billionaire to afford it!! When the average annual household income is far less than the $300,000 you mentioned, only a billionaire could afford it!!
These aren’t “private” pilots. They’re Corporate or possibly Commercial pilots. Private pilot is a specific level of certification. Student, Private, Commercial, ATP. These are certificates or licenses. Airline vs Corporate or even Airline vs Commercial is much more accurate and way, way less cringeworthy.
It’s not private Pilot. Private pilots fly while being unpaid. Commercial pilots fly to get paid. These type of pilot have their CPL(Commercial pilots license) and they are called corporate pilots.
First of all no airlines flies 240 hours a month for airlines the max a pilot could fly doing overtime is 100 hours and average monthly hours worked is 75 hours. Also to fly for an airline you must have 1500 hours, and the airline will pay for your atp training and type rating to fly there jets. Also average pay of a legacy airline pilot is around 200K also various stuff is misinformation
Airline pilot here. We are NOT salary. We are paid by flight hour, with a minimum of 72 hours of pay a month regardless. And LEGALLY we cannot fly more than 30 hours/week, 100 hours per month, 1000 hours a year. We do NOT fly 250 hours a month. And your pay is way off.
You need 1,500 hours to join the airlines. Restricted ATP is 1,000 hours. Student pilots license is basically a drivers permit. But you need to pay a lot more to get that. About 5,000 to 8,000 dollars to receive. Licenses/Ratings as such for an airline pilot - Private Pilot License ~40 hours minimum - Instrument Rating ~40 hours minimum - Commercial Rating ~250 hours minimum. - Multi Engine Rating ~25 hours - Multi Commercial ~25 hours - ATP Rating ~1,500 hours minimum.
Bit confusing to people whom may not know aviation, private pilots are anyone who owns a pilots license that is for personal use. The pilot you are referring to is known as a corporate pilot.
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hey!!!!! a "private pilot" is not a pilot that you are describing. Literally and legal- a private pilot is the lowest level of pilot, and that class of pilot cannot be paid for their services.
Airline Transport Pilot* Vs. Corporate/Charter pilot would be more accurate terminology. There’s an important delineation between an “ATP,” “commercial” and “private pilot.” And for the record- if someone ends up working for NetJets or FlexJet they can easily earn just as much, if not, more than someone at the top of the pay scale at a major/legacy carrier (200-300k+). These pay scales that are used by these channels these days are wildly off in the numbers they’re putting out there, and don’t account for soft pay incentives and day rates that often accompany base salaries. So, a base salary for a first year FO at a charter company might be $80,000, but they might get an additional $300-600/day that they fly, in addition to per diem, or incentive pay for extending their rotation beyond their obligatory schedule.
I am confused if there's a billionaire pilot but you might want to watch James Asquith vlogs, he's honest with his reviews and videos and it's funny at the same time that you will subscribe to his channel automatically because of humor.
Also, airlines don’t usually fly 240 hours per month, not sure where that number came from, too much misinformation in a video with a narrator that doesn’t know what they’re talking about.
Absolutely, Jeb. I wish there would be a little more research done before terms like this are bandied about. Causes a bit of confusion with the uninituated. Corporate pilot is of course right.
This reminds me of that we parked our € currency nice and cosey between pound and the dollar Lol. Up until the introduction of the Euro my national currency, the guilder was worth half a dollar on average and the US was very expensive. Now markets and daily costs have evened out and most parts of the US are affordable travel destinations.
1:33 what do you mean the cockpit isnt there? thats a bit concerning... paid per hour? with some thats also not the case, getting paid a salary and if your lucky, also being allowed to fly aircraft when your guy isn't doing anything with the planes that is though, only for some. Point is with private pilots, it really can just depend on every factor
THUMBS DOWN. Narrator keeps saying "private pilot" when in most cases "commercial pilot" should be the term used. Or perhaps "corporate pilot" would be a better term to use.
A lot of information in this video is mixed up and not correct. Corporate pilots get paid a salary NOT based on hours, airline pilots earn based on hours flown and its not as much flight time as the video says.
Some of the info in this video is wildly incorrect, also don’t refer to private jet pilots as “private pilots” because that creates some crazy confusion since actual private pilots can’t legally fly for hire
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Weight distribution and thrust is greater. in a commercial plane people and luggage sit everywhere so engines and wings have to be centrally located to even it out.
This is way too BS. The writer did not even bother to search what a "Private Pilot" really means, and there is no such thing as co-pilot, it is called a First Officer, FFS. I dare you show us a pilot flying 240 hours a month! It's against regulations.
Completely flopped on the type of pay (Salary/Hourly) on Airlines vs. Corporate. Sadly this is typical of the media but unexpected from a channel that should have the time to do proper research.
Har har private pilots can’t earn money flying, some exceptions. They are all either commercial pilots or ATPs. And it is not 1 to 1 from military to civilian. As an instructor it’s a bit of a complicated process at times.
Inside The Life Of A Billionaire's Pilot That will be $1,000, please. This video is more like a voice-over promo reel. LOL! "The plane company" - who freaking wrote this script??
I recently became a multi millionaire and its true if you can't be happy now, you won't be happy then. Nothing changed except I'm worth more money, bc it was sudden I still had to keep checking my bank account to make sure it was real. I still have to ask myself what's the purpose for today and then go out and do something. I hope this can help those who want this lifestyle, it comes with its own set of challenges.
240hrs?? Per month. I guess that information is very off, or you are including what the pilots spend around airports and doing paperwork.... Good video though.
Buying the airplane is actually the most least expensive part of owning a privet Jet. Hence,... How to become a millionaire ? Start out as a Billionaire, then Buy a Privet Jet!
@@BossPainter look up part 121 and part 135 under the FAR/AIM as far as hour regulations goes. A "commercial" certificate allows you to fly for money, the 1000 hour cap is only for part 121, also known as "scheduled air charter". Part 135 "unscheduled air charter", has no such maximum.
