This just proves we are in a hiring wave, not an actual shortage...that by definition would require there to be inadequate replacement numbers, which remains to be seen (at skywest, republic, envoy, endeavor and psa aka 80% of the regional industry).

Interestingly what's developing is not a shortage of 1500hr pilots but rather slightly experienced 2000-4000hr pilots willing to go to ACMI or a good 135 or any pay tier lower than LCC. However, I concede that 121 regional captains will remain to be bottleneck.

Just look at the places that return calls immediately and have class dates like tomorrow. ..that's where they are hurting. Around 5-10 percent of (undesirable)121 jobs I'd surmise.

By 2023 the picture could be different but it's anyone's guess.