Quote:
Originally Posted by doublerjay
Negativity is going to exist everywhere you go...why? cuz that'll be one less guy inline who may be ahead of the guy telling you not to do it?!!!...
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It is very unlikely that the folks here are in line behind an entry-level student??? We are mostly airline pilots already?
There is negativity because the industry is probably at it's lowest point in many decades. Even an economic rebound and the resumption of age-65 retirements will not solve these problems...
- Environmental Pressures (Carbon and Noise). The greenies really believe air travel is an unnecessary luxury and should be mostly eliminated (of course there will special exemptions for the private aircraft of the environmental political elite).
- Cost-cutting. Management has cut as much as they can at the bottom end (regionals) and are now looking to bring the majors down to the same level.
- Whipsawing. Playing one regional pilot group off of another to force concessions in compensation in exchange for flying contracts. As majors get cheaper, regionals will lose their cost advantage and dwindle creating a feeding frenzy for the remaining flying.
- Entry Barriers: Flight training is expensive, and it looks like you will need 1500 hours instead of 250 hours in the near future. The long-term career prospects simply don't justify that kind of investment. When I made the jump (pre-9/11), $300K+ salaries were achievable. I would not have put in the time, effort, and money in today's environment. Also note that after the colgan crash, any blemish on your training, criminal, civil, or financial records could spell the end.
- Cabotage. When management can't cut pilot compensation any further, they will look offshore for cheaper labor. Right now it is illegal for foreign airlines to do domestic ops in the US (with very few exceptions). Imagine a Pakistani flight crew who starts their trip in Karachi, flies to JFK, then works US domestic routes for three weeks (with several FAA-mandated 24 hour breaks) and then goes home...all for wages far below what would be conceivable for a US worker. Cabotage is the holy-grail for airline managers...they will never stop trying to get it legalized, and any lack of vigilance or bad political circumstances on the part of labor and their political allies will spell the end of the industry as we know it. Any significant pilot shortage will increase the likelihood of cabotage, although some of us like to think that a real shortage might raise compensation.
- And the Elephant-in-the-Room that nobody is acknowledging right now: Oil Supplies and Prices. Prices dropped when the economy collapsed, but they will head back up eventually. While speculation drove the spike in 2008, the market realities may not be too far behind as developing nations demand more and more energy (and develop the means to pay for it). I suspect that we cannot increase oil production above where it is now, and it may get harder and harder to maintain current levels. All the while global demand is rising. The price surge prompted the DoD and some airline groups to experiment with non-petroleum jet fuel, but no one is putting it in production just yet. If oil prices spike 300% in a few months, we will not be able to implement alternatives fast enough to save the industry.
Heard enough yet? Unfortunately these are simply the facts, and if you connect the dots they don't paint a real pretty picture.
This is the real world, kids...entitlement does not apply. Just because it is your dream, does not mean it is going to happen or that you will like the results if it does. I'm not telling anyone not to do it, just to be aware of the realities...and for God's Sake, have a backup career on the burner.