Thread: Pinnacle
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Old 03-21-2006 | 05:38 PM
  #76  
cowboypilot
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Joined: Feb 2006
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From: CFI
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Originally Posted by Preacher
RealityCheck...

According to the Bureau of Labor Statistics over 50% of the pilots employed by part-121 US airline companies will be retiring within the next 10 years. .
I don't believe we will have to bring in foreign pilots, well first because foreign airlines recruit American pilots because they simply don't have the infastructure to train pilots in mass numbers like we do, second there are a lot of young pilots out their right now (one of the reasons many say pay is so low at regionals, there is such a supply) that will be ready to fill the void (including myself )

What does this mean? better pay in the future for airline pilots and shorter times to get to the majors. A lot of pilots I have talked to say this is probably they best time in the history of aviation to be 23 and getting on with a regional, more thank likely people in my generation will be getting on with the majors before they are thirty.

As much as everyone likes to complain around here we need to look at the bright side of the current situation and realize there are some good things to look forward too!

Of course this also means it is a bad time to be in your late 50's with pensions going and pay at a low point.
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