Where is the spike in the graph for all the FOs that got ATPs the last few years? Why are there 100,000 CFIs? There also should be a big down spike after the 2008 recession as aviation loans dried up. I don't doubt the numbers but they look a little suspect. And the regionals are most definitely hurting for pilots right now, I'm not sure how anyone could argue otherwise. That doesn't mean there is a shortage but 30K retention bonuses tells me there is pressure on the supply in some form.