Thread: $64,000 Question
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Old 08-03-2008, 09:25 PM
  #1  
Over40
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Joined APC: Dec 2007
Position: Want-a-be
Posts: 13
Default $64,000 Question
I know that I will get a lot of flack for asking this question... but here goes.

I have heard that the airline industry is very cyclical. The question is how cyclical and is it at all predictable. I owned a flight school 2001 thru 2003 and pilots were getting furloughed, no one wanted to learn to fly and everyone thought the pilot profession was doom and gloom, and then came the low time hiring boom.

A good friend of mine is now flying 777’s for CAL, when I met him 9 years ago he was a new ATR captain for XJET. He told me that when he decided to make a career change in the late 90’s everyone said he was crazy… no one was hiring civilian pilots at the time. I know that there have been a number of hiring booms since that time.

No one has a crystal ball…. But I am interested to hear what people in the business think. How long before the industry begins hiring again?
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