The term budget airline pilot typically refers to pilots working for U.S. low-cost carriers like Allegiant Air Frontier Airlines and Spirit Airlines. These airlines may pay less than the legacy carriers but their pilots still earn six figure salaries especially as they gain seniority.
According to Business Insider base pay for First Officers at these carriers ranges from approximately $48,500 to $174,000 annually depending on experience and contractual agreements. For Captains, annual base salaries range from about $137,000 to $270,000
To illustrate:
Allegiant Air: First-year First Officers earn around $57.67/hour ($48,500/year) while 12 year Captains can make about $232/hour translating to around $195,000/year.
Frontier Airlines: Starting First Officers earn $90K/year and long tenure Captains may reach $243K / year.
Spirit Airlines: Entry level First Officers start around $84K/year while 12 year Captains can earn up to $270,000/year.
These figures reflect base pay Pilots often add to their income through hourly guarantees overtime premium holiday pay per diem allowances and other contractual bonuses.
even at budget carriers where starting salaries may be lower than major airlines pilots can still earn well into six figures with experienced Captains earning as much as $270,000 annually. Compellingly with bonuses and extra flying time some early career pilots reach six figure earnings by their second year on the job