March 11, 2024
As the industry faces supply challenges, pilot attrition and shortages, Airshare is hiking pay for its flight crews.
The 10th ranked operator based on fractional and charter hours is increasing base pay for all its pilots and offering first-year PICs the opportunity to earn up to $150,000.
It’s also offering quarterly bonus opportunities when flying more than 125 hours per financial quarter. Further, signing bonuses are being offered for Phenom type-rated pilots.
Airshare has expanded pilots bases, which now includes Chicago, Denver, St. Louis, Wichita, Tulsa, Oklahoma City, Houston, Austin, and San Antonio, and Dallas, Fort Worth, Buffalo, and Kansas City.
It’s also offering a no-cost health insurance option for individual pilots through a health savings account (HSA).
Airshare pilots typically fly an eight-days-on/six-days-off schedule, which enables pilots to spend up to an average of 20 nights at home each month.
“For 20 years, our pilots have played a key role in helping us deliver the best-in-class fractional ownership experience that has become synonymous with Airshare. The first-name-basis relationships between our customers and pilots has been integral to our growth as well as customer retention,” said Airshare CEO John Owen. “These changes to their compensation structure represent our continued dedication to attracting and retaining the best pilots in the industry.”
Airshare has received IS-BAO Stage 3 and ARGUS Platinum designations, meeting the highest international standards for safe flight operations. The company operates Phenom 100s, Phenom 300s, and this year is adding a Challenger 350 fractional program.
Its by-the-day programs offer jet cards on the Phenom fleet.
In an interesting twist, Airshare has been targeting Wheels Up customers with a series of ads. Last week, Wheels Up said it wasn’t able to fly a full schedule during Q3 due to a shortage of pilots. It announced bonuses, an equity program, and other perks.
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