21.FIVE - Professional Pilots Podcast – Details, episodes & analysis

In this episode, Dylan and Max sit down with financial guru Timothy P. Pope to navigate the complexities of financial planning for pilots. From managing retirement funds during an election year to deciding whether to pay back a hefty retention bonus, Tim offers sage advice tailored to the unique needs of aviation professionals. If you've ever wondered how to make the most of your airline's financial programs or whether to stay the course in a volatile market, this episode is a must-listen.

Show Notes

0:00 Intro

3:08 Handling Election Years

9:17 Unexpected Stalls & Other Situations

18:23 Bonuses

23:26 Discretionary Income

29:36 OBAP

Tim Pope is a CERTIFIED FINANCIAL PLANNER™ and a pilot. His financial planning practice provides services to aviation professionals and aviation 401k plans. Tim helps clients pursue their financial goals by defining them, organizing & optimizing resources, planning, implementing, and monitoring their financial plan. Visit https://link.21fivepodcast.com/timothy-pope to learn more. Check out Tim's new podcast: The Pilot Money Podcast

Be sure to subscribe to 21Five's Youtube Channel to see our luggage review videos!

Join us in supporting the Pilot Mental Health Campaign by making adonating. Listener Rick S will match 21.Five listeners donations up to $1000!

Connect with us on LinkedIn

Our sponsors:

Harvey Watt, offers the only true Loss of Medical License Insurance available to individuals and small groups. Because Harvey Watt manages most airlines' plans, they can assist you in identifying the right coverage to supplement your airline’s plan. Many buy coverage to supplement the loss of retirement benefits while grounded. Visit harveywatt.com to learn more!

Advanced Aircrew Academy enables flight operations to fulfill their training needs in the most efficient and affordable way—anywhere, at any time. We do this by providing high-quality professional pilot, flight attendant, flight coordinator, maintenance, and line service training modules delivered via the web using a world-class online aviation training system. Visit aircrewacademy.com to learn more!

The AirComp Calculator™ is business aviation’s only online compensation analysis system. It can provide precise compensation ranges for 14 business aviation positions in six aircraft classes at over 50 locations throughout the United States in seconds.

Do you have feedback, suggestions, or a great aviation story to share? Email us [email protected] Check out our Instagram feed @21FivePodcast for more great content and to see our collection of aviation license plates.

The statements made in this show are our own opinions and do not reflect, nor were they under any direction of any of our employers.

They guys catch up on their latest adventures. Book Club: Hard Landing Chapter 7. In this episode’s mailbag, they discuss listener feedback on braking roll-aboards and tough non-rev adventures. Finally, in Flight Advice, they dig into the dilemma of choosing between a tough commute at a struggling ULCC or trying out the cargo life, all while aiming for that elusive legacy carrier job.

Show Notes

0:00 Intro & Story Time with Max

16:29 Hard Landing Book Club: Chapter 7

27:10 Reviews

29:45 Mailbag

41:16 Flight Advice

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Be sure to subscribe to 21Five's Youtube Channel to see our upcoming luggage review videos!

Join us in supporting the Pilot Mental Health Campaign by making adonating. Listener Rick S will match 21.Five listeners donations up to $1000!

Connect with us on LinkedIn

Our sponsors:

Harvey Watt, offers the only true Loss of Medical License Insurance available to individuals and small groups. Because Harvey Watt manages most airlines' plans, they can assist you in identifying the right coverage to supplement your airline’s plan. Many buy coverage to supplement the loss of retirement benefits while grounded. Visit harveywatt.com to learn more!

Advanced Aircrew Academy enables flight operations to fulfill their training needs in the most efficient and affordable way—anywhere, at any time. We do this by providing high-quality professional pilot, flight attendant, flight coordinator, maintenance, and line service training modules delivered via the web using a world-class online aviation training system. Visit aircrewacademy.com to learn more!

Tim Pope is a CERTIFIED FINANCIAL PLANNER™ and a pilot. His financial planning practice provides services to aviation professionals and aviation 401k plans. Tim helps clients pursue their financial goals by defining them, organizing & optimizing resources, planning, implementing, and monitoring their financial plan. Visit https://link.21fivepodcast.com/timothy-pope to learn more. Check out Tim's new podcast: The Pilot Money Podcast

The AirComp Calculator™ is business aviation’s only online compensation analysis system. It can provide precise compensation ranges for 14 business aviation positions in six aircraft classes at over 50 locations throughout the United States in seconds.

Do you have feedback, suggestions, or a great aviation story to share? Email us [email protected] Check out our Instagram feed @21FivePodcast for more great content and to see our collection of aviation license plates.

The statements made in this show are our own opinions and do not reflect, nor were they under any direction of any of our employers.

Dylan and Max are joined by Whitney Bohac and Dave Retnam, co-founders of Crewise, a company designed to bring airline-style HR and support services to business aviation. Whitney and Dave, both with extensive backgrounds at Southwest Airlines, discuss the genesis and mission of Crewise, emphasizing the need for robust support systems in business aviation similar to those available in commercial airlines. They cover various services provided by Crewise, including professional standards, conflict resolution, and mental health support, all tailored to meet the unique needs of business aviation. This conversation offers invaluable insights into enhancing operational safety and personnel retention within the sector.

Crewise Website

Connect with Whitney Bohac and Dave Retnam on LinkedIn

Show Notes

0:00 Intro

2:39 Whitney and Dave’s Aviation Journey

9:58 Introduction to Crewise

16:03 HIMS Program

27:39 Conflict Resolution

35:33 Owner/Operator Lens

42:31 Hiring and Retention

47:38 Peer Pilot Program

56:15 Cadet Training Program

1:03:54 Adapting to Operation Size

Be sure to subscribe to 21Five's Youtube Channel to see our upcoming luggage review videos!

Join us in supporting the Pilot Mental Health Campaign by making adonating. Listener Rick S will match 21.Five listeners donations up to $1000!

Connect with us on LinkedIn

Our sponsors:

Harvey Watt, offers the only true Loss of Medical License Insurance available to individuals and small groups. Because Harvey Watt manages most airlines' plans, they can assist you in identifying the right coverage to supplement your airline’s plan. Many buy coverage to supplement the loss of retirement benefits while grounded. Visit harveywatt.com to learn more!

Advanced Aircrew Academy enables flight operations to fulfill their training needs in the most efficient and affordable way—anywhere, at any time. We do this by providing high-quality professional pilot, flight attendant, flight coordinator, maintenance, and line service training modules delivered via the web using a world-class online aviation training system. Visit aircrewacademy.com to learn more!

Tim Pope is a CERTIFIED FINANCIAL PLANNER™ and a pilot. His financial planning practice provides services to aviation professionals and aviation 401k plans. Tim helps clients pursue their financial goals by defining them, organizing & optimizing resources, planning, implementing, and monitoring their financial plan. Visit https://link.21fivepodcast.com/timothy-pope to learn more. Check out Tim's new podcast: The Pilot Money Podcast

The AirComp Calculator™ is business aviation’s only online compensation analysis system. It can provide precise compensation ranges for 14 business aviation positions in six aircraft classes at over 50 locations throughout the United States in seconds.

Do you have feedback, suggestions, or a great aviation story to share? Email us [email protected] Check out our Instagram feed @21FivePodcast for more great content and to see our collection of aviation license plates.

The statements made in this show are our own opinions and do not reflect, nor were they under any direction of any of our employers.

Max reveals his latest career pivot | We discuss how often BizAv pilots should check on their airplane during maintenance | Mike Healey joins us as our first Featured Furloughed Pilot | What happens when you drop a firearm in a C-17 lav with Matthew | Mike tells us tails from the glory days at America West and the early years at SWA | Dave relays a legendary story from his Caribbean flying comrades | Skip, an amputee pilot, shares a couple unique stories from his colorful past. 

You can reach our Featured Furloughed Pilot, Micheal Healey on LinkedIn or at [email protected]

Show resources:

Video: What is a zero-based budget?

21.Five Podcast’s LinkedIn

21.Five Merch Store

Our sponsor, Harvey Watt, offers the only true Loss of Medical License Insurance available to individuals and small groups. Because Harvey Watt manages most airline's plans, they can assist you in identifying the right coverage to supplement your airline’s plan. Many buy coverage to supplement the loss of retirement benefits while grounded. Visit harveywatt.com to learn more!

 Do you have feedback, suggestions, or a great aviation story to share? Email [email protected] Check out our Instagram feed @21FivePodcast for more great content and to see our collection of aviation license plates.

Dylan talks about his tailwheel training and the guys discuss ways to stay current if you’re not flying much at work. Mailbag discussion on ATC ground control inconsistencies and furlough flute feedback. James Onieal rejoins us to address the difficult questions furloughed airline pilots will face during job interviews. We all discuss what pilots in business aviation should do if their employer presents a paycut. We call Ted for some straight talk on how to use bad news in the airline industry during a home renovation.Story Time: Max, Ted, a bachelor party, and a fire extinguisher.

Show resources:

Book: Never Split the Difference: Negotiating as if your life depended on it

James Onieal’s LinkedIn

Raven Career Development

21.Five Podcast’s LinkedIn

21.Five Merch Store

Our sponsor, Harvey Watt, offers the only true Loss of Medical License Insurance available to individuals and small groups. Because Harvey Watt manages most airline's plans, they can assist you in identifying the right coverage to supplement your airline’s plan. Many buy coverage to supplement the loss of retirement benefits while grounded. Visit harveywatt.com to learn more!

 Do you have feedback, suggestions, or a great aviation story to share? Email us [email protected] Check out our Instagram feed @21FivePodcast for more great content and to see our collection of aviation license plates.

The guys are back after vacation and recap the latest (bad) news from the airline industry while introducing the ‘warn horn’ and ‘furlough flute’. We read some listener reviews. Derek Vento, Air Traffic Controller, and host of the The Traffic Pattern Podcast, joins us to talk all things ATC [16:35]. Derek explains the demanding training required to be a controller while sharing his personal story. We discuss proper phraseology on the radio and controller pet peeves. Derek gives us a preview of the upcoming season of his podcast, freestyle raps ATC clearances, and shares a great story about how controllers and pilots work together to save lives.

Show resources:

Derek Vento can be found on Instagram @vennntiii

Listen to Derek’s show: The Traffic Pattern Podcast

21.Five Podcast’s LinkedIn

21.Five Merch Store

Our sponsor, Harvey Watt, offers the only true Loss of Medical License Insurance available to individuals and small groups. Because Harvey Watt manages most airline's plans, they can assist you in identifying the right coverage to supplement your airline’s plan. Many buy coverage to supplement the loss of retirement benefits while grounded. Visit harveywatt.com to learn more!

Do you have feedback, suggestions, or a great aviation story to share? Email us [email protected] Check out our Instagram feed @21FivePodcast for more great content and to see our collection of aviation license plates.

While stuck on vacation due to a road closure, Dylan and Max dig into the mailbag to discuss what CFI’s should do while waiting for hiring to resume, [3:05] and give their thoughts on wearing a mask in-flight [7:28]. James Onieal and Jason from Raven Careers join us to explain the importance of networking on LinkedIn for job hunting pilots [17:48]. We discuss the latest numbers from the airlines and business aviation to gain insight on upcoming furloughs and potential opportunities [54:31]. Story time with Max: falling asleep on a check ride [1:26:44]. 

Show resources:

Sign up for Raven Careers’ Industry Update | Sample update

James Onieal’s LinkedIn or email

Jason Duvernay’s LinkedIn

21.Five Podcast’s LinkedIn

21.Five Merch Store

Our sponsor, Harvey Watt, offers the only true Loss of Medical License Insurance available to individuals and small groups. Because Harvey Watt manages most airline's plans, they can assist you in identifying the right coverage to supplement your airline’s plan. Many buy coverage to supplement the loss of retirement benefits while grounded. Visit harveywatt.com to learn more!

Do you have feedback, suggestions, or a great aviation story to share? Email us [email protected] Check out our Instagram feed @21FivePodcast for more great content and to see our collection of aviation license plates.

Max and Dylan call airline and business aviation contacts to discuss the Delta displacement and get the latest on how pilots are being affected by the pandemic. We chat with Delta Pilots Chad and Roy, Aubrey, a full time contract pilot, Regional Pilot Kaleb, 135 pilot Ryan, Fractional Pilot David, and Aircraft Sales and Acquisitions specialist Ken Casey. Then, we chat with Lindsey about maintaining a healthy immune system on the road. For story time, Max shares some of his memories of being a check airman.

Show resources:

Collecting Copilots - Aubrey’s website

Stick Talk - Grant’s Podcast

Ken Casey of Pinnacle Aviation can be reached here

For more on Functional Medicine, follow Lindsey on Instagram @Your.Pharm.Assist

Our sponsor, Harvey Watt, offers the only true Loss of Medical License Insurance available to individuals and small groups. Because Harvey Watt manages most airline's plans, they can assist you in identifying the right coverage to supplement your airline’s plan. Many buy coverage to supplement the loss of retirement benefits while grounded. Visit harveywatt.com to learn more!

 Do you have feedback, suggestions, or a great aviation story to share? Email us [email protected] Check out our Instagram feed @21FivePodcast for more great content and to see our collection of aviation license plates.

Dylan and Max cover the latest news including positive signs in the fractional market. Jason joins us to explain SFAR 118 and how it applies to professional pilots [11:50]. David Keys, chairman of NBAA’s Small Flight Department committee, calls in to discuss the importance of a safety culture, as well as some of the challenges facing small flight departments [40:46]. David shares a hilarious prank from his days at Eastern Airlines [1:21:17].

David Keys can be reached via LinkedIn

Show resources:

21.Five blog post on displacement and furlough math

SFAR 118

NBAA Small Flight Department Committee

Our sponsor, Harvey Watt, offers the only true Loss of Medical License Insurance available to individuals and small groups. Because Harvey Watt manages most airline's plans, they can assist you in identifying the right coverage to supplement your airline’s plan. Many buy coverage to supplement the loss of retirement benefits while grounded. Visit harveywatt.com to learn more!

 Do you have feedback, suggestions, or a great aviation story to share? Email us [email protected] Check out our Instagram feed @21FivePodcast for more great content and to see our collection of aviation license plates.

Dylan and Max discuss the big displacement bid announced by United Airlines over the weekend then sort through the mailbag. Carl Valeri, airline pilot, career coach, and podcast host, joins us to cover furloughs in depth [13:30]. Carl shares advice and insight on how to financially plan for a furlough, how long to expect a furlough to last, and what the best use of your time is while furloughed. Carl shares a funny story about a flying pig and gives us an update on Sun ‘n’ Fun. Then, Rob Alston from Harvey Watt Insurance calls in to discuss how leaves of absence, furloughs, and layoffs can affect pilot insurance coverage [1:11:52].

Carl Valeri is the host of the Aviation Careers Podcast and the Stuck Mic AvCast

Show resources:

21.Five blog post on understanding 401(k) fees

You Need A Budget

Dave Ramsey

Ric Edelman

Our sponsor, Harvey Watt, offers the only true Loss of Medical License Insurance available to individuals and small groups. Because Harvey Watt manages most airline's plans, they can assist you in identifying the right coverage to supplement your airline’s plan. Many buy coverage to supplement the loss of retirement benefits while grounded. Visit harveywatt.com to learn more!

 Do you have feedback, suggestions, or a great aviation story to share? Email us [email protected] Check out our Instagram feed @21FivePodcast for more great content and to see our collection of aviation license plates.