The company sells Jet Cards, leases and fractional shares on a by-the-day basis. The move reflects the increasingly tight market for pilots.
Executive AirShare announced in a press release an across-the-board increase of salaries for pilots to meet the growing demand for fractional aircraft ownership. The new salaries are between 18% to 30%more for pilots-in-command (PICs) and seconds-in-command (SICs) joining the company. In conjunction with the salary increase, PIC migration to a more favorable 8-On/6-Off scheduling cycle is expected help the company meet its goal of hiring 25 pilots in the next six months.