Originally Posted by
Cubdriver
I do not think there is a shortage of anything but maybe the desirable, high-quality recruits, whatever that means, at most regionals. Whenever I read reports on this it's always some variation of "we are able to fill our new-hire classes with some difficulty" but never "there hasn't been a new hire class in 6 months running and it's a lost cause" or "they quit trying to recruit anyone new over 8 months ago because nobody was available" or "we are shutting the doors next month for good due to lack of labor supply" or anything even close to that. Obviously all the companies are having to work hard to get their classes filled, but they are apparently doing it with great effort and things are moving along ok.
This view is also supported by the new Rand report here-
"This study finds there will not be a civilian system-wide pilot shortage in the near-term, though the system will become strained. Low-paying airlines will continue to have difficulties finding qualified pilots. All operators will experience fewer applicants for the available positions, potentially resulting in less qualified pilots system-wide."
Air Transport Pilot Supply and Demand: Current State and Effects of Recent Legislation | RAND
Consider this: from 2012 through 2015 there will be about 3,000 age 65 retirements. From 2016 through 2019 there will be 6,500 age 65 retirements (double the previous 4 year period) and from 2016 through 2026 the forecast is for 23,500 age 65 retirements. So the past 4 years have yielded a meager 3,000 retirements and we see advertisements all over this website touting signing bonuses and other general recruiting ads for various companies. Did you see these ads 4 years ago? What ads will we see 4 years from now?
This is not directed at Cubdriver, just a general question. The numbers are massive and just beginning.