Originally Posted by
wheresmyplane
On the plus side, with Sallie Mae no longer writing aviation loans, and Key bank getting out of the aviation loan business a few years ago, less people will be able to get the funding to attend flight school. This should equal fewer pilots, and push demand up. I think we all agree that a big part of the problem is an abundance of people willing to fly fo peanuts, so this should look good for us. If demand for pilots goes up, maybe pay will too. The other thing to consider is that people are starting to realize that flying pays better overseas. The more pilots over there chasing a decent paycheck, the fewer pilots here to work for food.
Agreed. I think this will help, plus the age 65, plus the economic turn around should all hit about the same time...or so I hope.