Sully movie
#41
Banned
Joined APC: Feb 2016
Posts: 377
An artificial scarcity places the market for labor out of equilibrium. Yeah it makes us more valuable, but it also makes us more expensive. Airlines will have to pay us more which means either they make less profit, or they pass that expense on to the pax in way of higher prices. There is elasticity to much of airline travel.
Not only that, but because of the shortage, it will make the airlines seek out other ways to fill their slots... and that includes a form of cabotage which will be pushed once the airlines get desperate.
The 1500 hour rule is only one part of the equation of course, low starting pay (thanks to the unions), high cost of training (thanks again to the government) also play a major factor in why there is a pilot shortage.
Point being, having the market out of equilibrium may benefit us in the short term, but in the long term it could have really bad consequences to the entire air travel market. It is not a good thing.
#42
What happens at Alpha Prot?
Go.....
#44
This is a very short sighted, self centered, and myopic viewpoint.
An artificial scarcity places the market for labor out of equilibrium. Yeah it makes us more valuable, but it also makes us more expensive. Airlines will have to pay us more which means either they make less profit, or they pass that expense on to the pax in way of higher prices. There is elasticity to much of airline travel.
Not only that, but because of the shortage, it will make the airlines seek out other ways to fill their slots... and that includes a form of cabotage which will be pushed once the airlines get desperate.
The 1500 hour rule is only one part of the equation of course, low starting pay (thanks to the unions), high cost of training (thanks again to the government) also play a major factor in why there is a pilot shortage.
Point being, having the market out of equilibrium may benefit us in the short term, but in the long term it could have really bad consequences to the entire air travel market. It is not a good thing.
An artificial scarcity places the market for labor out of equilibrium. Yeah it makes us more valuable, but it also makes us more expensive. Airlines will have to pay us more which means either they make less profit, or they pass that expense on to the pax in way of higher prices. There is elasticity to much of airline travel.
Not only that, but because of the shortage, it will make the airlines seek out other ways to fill their slots... and that includes a form of cabotage which will be pushed once the airlines get desperate.
The 1500 hour rule is only one part of the equation of course, low starting pay (thanks to the unions), high cost of training (thanks again to the government) also play a major factor in why there is a pilot shortage.
Point being, having the market out of equilibrium may benefit us in the short term, but in the long term it could have really bad consequences to the entire air travel market. It is not a good thing.
Essentially, you are coming onto an airline pilot forum and arguing against unionism in general; an "unnatural" market distortion which has provided so many gains in compensation and safety over the decades counter to the whims of airline managers everywhere. Good luck with that.
#46
Talking about Sully is a great way to find out which of the two possible kinds of pilots you are: A d!k or a dork. The d!ks will try to throw mud at Sully and the dorks will start talking about the glide ratio of an Airbus and how he could have landed it on the Intrepid.
#47
Are the education, med school and residency requirements for doctors creating an artificial scarcity in that field too?
There is no pilot shortage. There may be a shortage of 250 hour wonders willing to fly an RJ for $17 an hour, but that's it. Well paying airlines are filling their classes just fine. If RJ operators can't fill their training classes, then they'll offer higher pay until they can. If that means passengers won't be able to buy transcon airline tickets for bus fare prices any longer then I'd say the market forces are working and coming in to balance.
#48
Gets Weekends Off
Joined APC: Aug 2007
Position: non acceptus excretus
Posts: 561
It seems by reading between the lines that MartinBishop has either listened to management too much is is a manager posing as a pilot. His posts all have a curious undertone, and at best very much lack any historic perspective about the profession. re read them and it becomes more evident.
#49
Gets Weekends Off
Joined APC: Jul 2013
Posts: 10,071
It seems by reading between the lines that MartinBishop has either listened to management too much is is a manager posing as a pilot. His posts all have a curious undertone, and at best very much lack any historic perspective about the profession. re read them and it becomes more evident.
#50
Banned
Joined APC: Jun 2008
Position: A320 Cap
Posts: 2,282
You've GOT to be kidding me. Are you a millennial? You truly don't see the positive effect Sully's decision making, professionalism, and efforts have had on our profession? Get over your jealousy and be thankful for what Sully has done for the image of an airline pilot.... and then be quiet because you're doing the exact opposite.
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