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E335 - State of the Industry and Your Finances with Jim Higgins & Elise Dominguez
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Avination, welcome back to Episode 335 of the Pilot to Pilot podcast! Host Justin Siems sits down with aviation expert Jim Higgins , a former airline pilot and University of North Dakota professor, and Elise Dominguez , a Certified Financial Planner at Allworth Airline Advisors, for a deep dive into the airline industry and pilot financial planning . They unpack the cyclical nature of pilot hiring—citing 12,000–13,000 pilots hired in 2023–2024, now leveling to a still-strong 4,000–4,500 annually, per FAPA data. Justin shares his journey from a fractional company to a major airline, facing a $120,000 pay cut, while Jim reflects on his wife’s choice to stay a senior FO for schedule…