Originally Posted by
tom11011
I hear what you are saying, but I do wonder what the landscape is going to look like in 6 months. Will the shortage of pilots willing to work for current wages simply mirror the numbers today, or will it be twice as bad forcing something else like bigger sign on bonuses or the reverse- cancelled flights. You've been in the business so at least you know what you are in for.
From a purely economics standpoint what's a way to decrease demand for a good or service? Increase the price. Perhaps a return to the days of $1500 fares from Chicago to DC are in order. As an analogy you can sell 1000 Camrys or 100 Ferraris and make the same amount of money.
There's a lot of Camrys in the system right now because of high demand. Higher airfare equals less demand equals less need for pilots. Ugly from a career standpoint but the economics are logical.