There is no shortage of applications yet. The shortage is pilots on property and sim slots. We're only having small classes (5-6 pilots) right now due to sim availability. Everyone knows the shortage of quality applicants is coming. NJAs 2500 hr requirement is an insurance and owner contract stipulation, so no room to budge. My close friend got hired at 2504 hrs in 2005. NJA was hiring 300-400 per year back then.