Employment of airline pilots, copilots, and flight engineers is projected to decline 7 percent from 2012 to 2022. It is likely that scheduled airlines will attempt to increase profitability over the next decade by increasing the average number of passengers in all aircraft. This will probably be done by eliminating routes with low demand and reducing the number of flights per day along more heavily used routes. These practices will ultimately lower the overall number of flights and lower the total number of pilot jobs.[/QUOTE]

So any hiring in the next 10 years will basically be to replace 93% of those retiring.