Originally Posted by
LondonLad
Do you think flight training, in general, will come down in price? Guess its all supply and demand right? Fewer people training, price has to come down?
It won’t get cheaper.
Should it get cheaper? Yes. CFI’s are now plentiful since regionals won’t be hiring, so supply is going up. Demand is going down as hobby flyers are less apt to jump into something so expensive after watching their portfolios plummet/potential unemployment on the horizon. Not to mention- gas is extremely cheap now compared to what it has been in the past.
Unfortunately, this will just prevents schools from increasing prices. Once it goes up- they never decrease the price.
Similarly, airline pilots are warning their new peers to not give any concessions on pay. Once the pay is taken away- it doesn’t come back, even when it should.
It isn’t fair, but that’s been the historic reality.