Originally Posted by
forumname
Beg to differ. Although your last points of crew rest are game changers, much of the game WON'T change.
Pilots have very short memories, and suffer from cyclical amnesia.
The usual suspects will use the stats in this thread to do the usual sales job. Something along the lines of "Don't worry about the 25k year first year pay/150K loan, with the shortage of pilots you'll be on a major airline paycheck withing 2-3 years" blah blah blah.
All true statements, however the long pole in this tent is the bold statement. There river of cash to borrow that was readily available in the 90's through about 2006 is gone. Banks are wise the the risk these days. Even more so I would say upcoming wannabe's. However if someone DOES find that $150K loan to finance an RJ job, they didn't to their homework and deserve the result.