Originally Posted by
boeingt7
Sorry to be so upfront but you don't seem to understand basic economics, if you made the minimum requirement 10,000 hours to be hired by a regional airline, you would have a total of what, maybe 1000 applicants on the street right now willing to take that job versus the 20,000 applicants you would have if it was for commercial minimums. but out of those 1000 people that do have 10k hours, of course they are not willing to work for 20 grand a year, they have spent years and years getting that time and will only take that job if it pays lets say at least 60 grand. the airlines would be forced to raise pay and in response to that be forced to increase their prices when they bid for contracts. majors would then be forced to raise prices to the passengers, it may only be 10 cents per ticket but it would be raised.
I think I do.
I think you have to account for more than just supply and demand here. You are not wrong in thinking that higher requirements would result in fewer applicants. I agree. A sudden restriction in supply most deffinitely would increase wages as well.
Read on, if you can handle it;
Things that will not change by implementing 'barriers to entry' are things like the seniority pay scales and pic requirements at majors. These two items alone are enough to cause Colgan pilots to be willing to work for less than Comair pilots, for example. If it means 'fast upgrade, fast track to higher wages' then pilots will continue to undercut eachother for the same reasons, and eventually you will lose any and all gains associated with increasing the barriers to entry.
So lets call eachother idiots and pretend nobody knows what they are talking about some more.