Originally Posted by BoilerUP
(Post 3427192)
*demand vs supply graph*
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Decreased supply = higher price, increased supply = lower price. To claim reducing minimum requirements, therefore increasing pilot supply, would not negatively impact wages is…not accurate.
Besides, most decent professions have “regulatory barriers to entry” - ours just happens to coincide with experience, not education. |
Originally Posted by SonicFlyer
(Post 3427238)
Except that supply is being artificially inflated due to regulatory barriers to entry.
This is Airline PILOT central not airline owners central. Make the barriers to entry high and wages will go up and then you’ll have more people chasing the career. Shortage gone. |
Originally Posted by BoilerUP
(Post 3427243)
Besides, most decent professions have “regulatory barriers to entry” - ours just happens to coincide with experience, not education.
Actually doctors have to get a lot of clinical experience as well after med school, and they used to get paid $30K and work 100 hours/week while doing it (conditions have improved recently). The more lucrative specialties require even more years of clinical experience as an intern. |
Originally Posted by rickair7777
(Post 3427256)
In our case, experience IS the best education... nobody's come up with an academic curriculum which is a good substitute for experience. Despite what riddle, et al might claim :rolleyes:
Actually doctors have to get a lot of clinical experience as well after med school, and they used to get paid $30K and work 100 hours/week while doing it (conditions have improved recently). The more lucrative specialties require even more years of clinical experience as an intern. |
Originally Posted by SonicFlyer
(Post 3426701)
So the unions don't want to allow an extension of retirement age, and they don't want to lower the artificially high entry barrier, so what solutions are they actually coming up with to help solve at least the current short term acute pilot shortage?
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Originally Posted by dualinput
(Post 3427261)
Sounds similar to CFI until 1500hrs. Just seems like we need to make the money a lot higher after the 1500hrs and then ROI will make sense
I would argue that's a better solution from a business perspective because you're not then stuck with lucrative CBA's until the next you can justify chapter 11. Paid training can be throttled as necessary based on supply and demand. If the offer free training with a housing and/or stipend until employed at a regional they'd get plenty of applicants, more than they need I'm sure. |
The fundamental problem is that the aviation market is overregulated. These problems are caused by government and will not be fixed until government gets out of the way.
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Originally Posted by rickair7777
(Post 3427267)
Or airlines pay for initial training and/or time building.
I would argue that's a better solution from a business perspective because you're not then stuck with lucrative CBA's until the next you can justify chapter 11. Paid training can be throttled as necessary based on supply and demand. If the offer free training with a housing and/or stipend until employed at a regional they'd get plenty of applicants, more than they need I'm sure. We are airline pilots did we forget. The idea is to pull as much compensation out of these places as possible. Let the managers run the companies because their other goal is pulling out as much cash as possible for themselves. The spirit CEO gets $12M in bonus for closing the frontier merger so tells JetBlue they aren’t interested and also they don’t expect any increase in pilot cost for five years. |
Originally Posted by SonicFlyer
(Post 3427282)
The fundamental problem is that the aviation market is overregulated. These problems are caused by government and will not be fixed until government gets out of the way.
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