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AirNet Express Pilot Pay

Effective 09-02-07

Quick Take:

• Starting pay increased for previous 135/121 experience
• Majority of assignments are Monday through Thursday
• Majority of pilots are home every day
• Majority of pilots do not work weekends
• Double time provided for holiday assignments
• Overtime provided for longer duty assignments
• Travel and lodging provided when travel required
• Excellent maintenance
• Excellent benefits package
• 401K plan (50% match)
• Never furloughed a pilot
• Paid time building program
• Great flight time builder
• Paid Holidays and Vacations

Domiciles:

• Prop 23
• Jet 19

Pilots:

• 170 total
• 170 active
• 0 furlough

Union:

• None

Fleet:

• LR35: 29
• C208: 14
• PA-31: 17
• BE 58: 40

Hiring:

• Hiring 80 – 100 pilots annually

Jump Seats:

• CASS participant
• Agreements over 30 airlines and cargo operators

MONTHLY SALARY

PAY AT MINIMUM MONTHLY GUARANTEE

	Learjet		Prop
Pay Range	Captain	FO	Captain	FO
Maximum	$ 7,525.72	$ 3,378.86	$ 2,494.27	$ 1,332.92
Minimum	$ 3,834.13	$ 3,059.33	$ 2,334.80	$ 1,332.92
Max Daily Duty Pay	$ 434.18	$ 194.90	$ 143.90	$ 76.90
Min Daily Duty Pay	$ 221.20	$ 176.50	$ 134.70	$ 76.90
Approximate Yrs to Max	23 - 24	2 - 5	1 - 3	-

Notes:

· Pay is on a bi-weekly basis

· Numbers are predicated on the guaranteed base rate (individual assignments often have a guaranteed overtime component)

· Guaranteed 8 duty assignments per pay period

· Overtime accrued on any assignment over the minimum starts at 1.25 times the base rate and accelerates to 1.50 times the base rate

· Normal duty assignments over the minimum are paid at a rate of 1.50 times the base rate

· Duty assignments on holidays are paid at 2.00 times the base rate

· Pilots with previous 135/121 experience may start above the minimum rate

· Pilots are able to accept additional assignments to earn additional compensation

AVERAGE PILOT ASSIGNMENT MONTHLY PAY

	Learjet		Prop
Pay Range	Captain	FO	Captain	FO
Maximum	$ 8,993.23	$ 4,037.73	$ 3,245.66	$ 1,734.48
Minimum	$ 4,581.79	$ 3,655.90	$ 3,038.16	$ 1,734.48

Notes:

• Pilot’s assignments provide a guaranteed minimum number of hours, including overtime.
• This table reflects the maximum and minimum in each seat position based on the average assignment minimum guarantee.
• Assignment minimum guarantee, including overtime, is paid to the pilots when on vacation.

* Table does not reflect any bonus or extra overtime pay for holidays, etc.

5 Year Annual Pay Comparison to the Regional Airline Average Chart

	Pilot A	Pilot B	Pilot C	Pilot D	Regional
Trng	660	660	660	660	1,839
Year 1	28,018	26,168	23,209	20,804	19,125
Year 2	33,206	32,786	32,786	32,786	28,575
Year 3	44,077	44,077	44,077	44,077	42,309
Year 4	50,959	50,959	50,959	50,959	55,671
Year 5	52,487	52,487	52,487	52,487	57,471
	---------------	------------	------------	------------	----------------
	$209,406	$207,136	$204,177	$201,772	$204,989

Notes:

· Assumes that pilot upgrades to Jet SIC in Year 2 and Jet PIC in Year 3

· Assumes that the Regional FO upgrades to Captain in Year 3

· Pilot A requires no time building (1200 plus hours)

· Pilot B requires two months of time building (1000 hours)

· Pilot C requires five months of time building (750 hours)

· Pilot D requires seven months of time building (500 hours)

· Pilots with previous 121/135 experience may total as much as $215,000 over the five years

· Total does not include the additional funds received through any bonus programs

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