Crew License
Seems to me that the Europeans are already thinking of it. Who needs VFR skills when as an airline pilot you live in a world of IFR? Why learn part 91 rules when you will be a 121 pilot only.
Dead reckoning, VFR cross country, Solo time can all be eliminated. Only one check ride.
If oil hits $148 a barrel by Christmas then it will become very expensive to get primary training. The supply of cheap pilots could run out. A great way to insure a constant supply of cheap pilots is to have a company sponsored cadet program. They could hire guys with zero time and within 6 months be line ready.
SkyHigh