Valiant

Elaborate further??
Airguitar opinion guys?? rickair7777

Air Guitar

Just about every post by him is negative. Pilots are still going to turn 65 so it's definently not over. It might stay slow and even might get slower as months pass but life goes on eventually.

Firefighterpilo

Like many have argued here for years, there has never been nor will there be, a true pilot shortage. This is something flight schools and recruiters have been pedaling for two decades. How else can they get starry eyed kids to take out $100,000 loans for flight training and it’s historically terrible returns on investment. Every time pilots believe this time it is different, except it never truly is. This event has absolutely negated any pilot shortage for the near future. It took years for the airlines to come back from 911, a single day incident. With thousands furloughed, and most airlines going chapter 11 in the aftermath.

With the Coronavirus we don’t even know when this decline is truly at bottom nonetheless how the recovery vector will look. Unlike 911 this is a global crisis impacting airlines and aviation manufacturing the world over.

Personally I would be very very apprehensive about taking loans out for flight training right now. I hope I am wrong and this is just a short bump but history shows differently. Think about this, every day this shut down and mass panic continues exponentially increases the recovery time. History has shown us multiple times the last fifty years how this play out. The same way it has every other time.

dckozak

Not to over hype the negative comments here, but the movement/career projections you where considering even a couple weeks ago are certainly out the window. As of today, no one can even remotely guess how this will play out, we are all in for a rough ride. The comments about retirement are valid, we all will age out and those 65 will leave, whether they want to or not. The real issue is whether the industry has to shrink in real terms in the future. This would happen only if society changes the way we go about business and pleasure. Less air travel, less flights, less need for crews. THIS is the worse case senerio, and with that the industry will be a hostile place to get a job for a long time. Lets hope social distancing works, a vaccine is developed ASAP and the worse case effects to the economy don't come to pass.

Valiant

True if economy shrivels pleasure travel demand will be hurt but business/work travel will likely go on. All we can do right now is cross our fingers.

Domahmegok

Received an update from Lift Academy today, basically all operations are suspended until April 6. Operations will resume once it is deemed safe.

Valiant

Once they reopen will they be taking in new cadets?

Domahmegok

They might take new students with a summer/fall start date is my guess. Otherwise once the newest class of students becomes CFIs, they will have no students to teach.

Valiant

Hi can you tell me anything about the compass??

powersmurfuk1

If/when things get back to normal, and there is a decline with students, does anyone foresee these companies reducing their prices? Would someone really pay $80k plus with everything going on for flight training?