Originally Posted by
BoilerUP
People will accept the inflated costs and longer path to an ATP if the compensation once one gets qualified makes it worthwhile.
Right now, its not even close for new pilots.
When Delta struggles to fill classes, there will truly be a scarcity of pilots. When a regional struggles to fill classes, it simply shows a shortage of pilots willing to accept that level of compensation. Raise the compensation and the shortage goes away - Econ 101 market equilibrium curves.
My crystal ball says fewer, larger airplanes with reduced frequency to most markets...
Once they get qualified? So, you have your 1500 and an ATP. Your now "qualified" to make $22,000 per year and hope that there is no stagnation, war or down turn. How many years to pay off the student/Pilot debt load at regional wages? Interest rates will be raising and the thought of paying off the debt at the chance of making it to a Major is way to risky for my money.