NBAA’s 2023 Compensation Survey shows increases in pay for pilots from 2022 to 2023, with salaries up roughly 12% among senior captain, captain and first officer positions in the business aviation industry. In fact, the average captain received long-term retention bonuses of around $27,000 a year. The survey found a 7.22 percent increase for business aviation positions overall over the past year. Aviation managers and senior flight attendants were the only positions seeing decreases.

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This data clearly shows that there is huge potential for growth and increased earnings for pilots who are willing to put in the work and strive for excellence in their profession. With the global pilot shortage reaching crisis levels, now is the time to make sure you are putting yourself ahead of the pack and taking advantage of all available opportunities to maximize your income potential.

Survey results encompassed responses from 455 NBAA members who provided data on 3,442 flight department employees. Responses this year reflected a jump from the 382 participants in the 2022 survey.