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 info@21fivepodcast.com 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 info@21fivepodcast.com 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 info@21fivepodcast.com 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 recounts the complications following his seemingly routine knee surgery, underscoring the precarious nature of pilot health and the implications on flying careers. We cover chapter 2 of Hard Landing for the book club segment plus an actual hard landing of a 747 at LAX. Mailbag: Luggage Review Update, Allegiant Pilot Perspective, and life of a fractional pilot. Flight Advice: Junior FO at Spririt wonders if he should stay or go?

Show Notes

0:00 Intro

2:01 Max's Torn Meniscus

12:23 Book Club: Hard Landing Chapter 2

22:49 747 Landing

30:51 Reviews

34:12 Mailbag

47:18 Flight Advice

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 info@21fivepodcast.com 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.

The guys dive into the intricacies and amusing challenges of aircraft lighting protocols.  They humorously recount instances of "light shaming". We discuss chapter one of Hard Landing for the book club. In the mailbag segment topics range from the importance of different types of flying experience, to the impact of personal decisions and career changes post-furloughs. They highlight stories from pilots who have navigated the challenges of layoffs, transitions between airlines, and shifts into corporate flying, emphasizing resilience and adaptability in the aviation industry. Flight Advice: Phoenix-based commercial pilot seeking advice on how to best prepare for a future career with airlines or companies like NetJets.

Show Notes

0:00 Intro and Lighting

6:24 Book Club: Prologue and Chapter 1

15:41 John Travolta Pilot Embezzlement

20:26 Show Reviews

23:42 Mailbag

39:44 Flight Advice: Resume Building

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

21Five's Youtube Channel

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 info@21fivepodcast.com 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.

James Onieal joins us to unpack the rollercoaster of recent airline developments—from unexpected furlough announcements to hiring surges at major carriers like UPS. We explore the emotional and professional impacts of such turbulent times on pilots, emphasizing the critical importance of resilience and strategic career planning. 

Show Notes

0:00 Breaking News

6:06 Advice For Pilots Being Furloughed

23:20 Information Without Context

33:38 Furloughed Mindset

42:19 Starting over at age 40?

Book a strategy session with James Onieal

21Five's Youtube Channel

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. Click Here to Schedule a Meeting

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 info@21fivepodcast.com 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 check in with their college buddy Ted to get the real story on what it's like to fly the 787. Plus: Mailbag and Flight Advice

Show Notes

0:00 Intro & Updates

7:53 Hard Landing Book Club

14:29 Straight Talk With Ted

23:19 Trip Scheduling & Crew Positions

44:49 Listener Reviews

48:21 Mailbag: Audio / Non Rev / 141 Program / Tim Pope

1:02:45 Flight Advice: Pilot Job Regardless of Salary

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

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

21Five's Youtube Channel

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 info@21fivepodcast.com 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.

Timothy P. Pope, CFP, joins the guys to discuss the significant financial implications of the new Southwest Airlines contract for pilots, focusing on pay raises, bonuses, and enhanced retirement contributions. Pope emphasizes strategic financial planning to navigate these changes, including tax considerations and the benefits of market-based cash balance plans. The conversation highlights Tim's expertise in financial planning for pilots, offering practical advice for maximizing financial well-being in light of the contract updates.

Show Notes

3:35 Southwest's Ratification Bonus & Other Changes

10:28 Preparing Clients for the Future

16:59 Market-Based Cash Balance Plan

20:44 Disability Benefits

27:32 Imputed Income

29:45 Final Takeaways

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

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

21Five's Youtube Channel

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 info@21fivepodcast.com 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.

The guys recap their vacations and Max talks about playing the non-rev game // The latest PJP drama (recorded prior to the release of JC's rebuttal video) // We've both performed go-arounds recently, Dylan and Max both reflect // Mailbag: Clarity Aloft vs. Bose Proflight, More jumpseat headset observations, EVTOL thoughts // Flight Advice: #1 - College student asks for advice on applying for internships. #2 - Should I sign a training contract in a cadet program?

Advanced Aircrew Academy's Blog

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

21Five's Youtube Channel

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 info@21fivepodcast.com 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.

Billy Nolen, Chief Safety Officer for Archer and former FAA Administrator, joins us to update us on the EVTOL space. Billy gets us up to speed on the latest regulator news as well as technology EVTOLs are operating. We ask Billy everyone's burning question: will I be able to fly one with my fixed wing certificate?

5:06 EVTOLs & Time Savings
12:28 Training, Certification, Integration
21:48 Manufacturing & Ease of Use
31:43 Safety, Design & Cost
50:01 Creating Change: Pilot Mental Health
55:03 Mandatory Retirement Age

Learn more about Archer EVTOLs

Connect with Billy Nolen on LinkedIn

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

21Five's Youtube Channel

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 info@21fivepodcast.com 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.