Originally Posted by
adebord
What I suspect will happen:
As the 'shortage' ramps up, so does the price of oil. Airlines park 50 seat RJ's en mass, displacing thousands of pilots into the whipsaw labor market.
Shortage averted.
Why do you predict oil will go up? The number of pilots in the world is in no way directly linked to the price of oil. So if you're suggesting somehow oil prices will be manipulated to avert a pilot shortage, I think that's laughable.
Everything points to low oil for years to come. It's also in our best interests as a profession and industry that they stay low if only for the fact that it is killing the ME3 and their plans for world domination. If their kingdom's can't pay their bills then they will have to shrink.