A correction, Great Lakes is in fact part 121 so just remove there 300 pilots from the list. They may be in big trouble, because it will be difficult to pay what may be the going rate for a Part 121 FO in the future with only 19 seats, unless there is a glut of pilots.

Also it should be noted it is very possible the fractional carriers will hold to there current requirements and not hire brand new pilots. Most fractional operators are not currently hiring, further challenging any shift in the current hiring situation.

If this scenario happens and the FAA holds to their new rule, there may be significant pressure on the supply of pilots as the slack starts to come out of the system in 2014 and 2015.