Fairly sensationalized, the hiring is because of all the early outs.

When Covid started the big 3 let too many pilots leave early. When those pilots are replaced and normal retirement attrition is all they are hiring for things will become less crazy.

The current wave, from post Covid to today, does not represent the big 3 annual retirements. It represents the early outs, retirements during Covid, and annual retirements.

It takes 2-3 years to develop a CFI into an RJ CA. Even a 62 year old has enough time to contribute to that process. The big 3 didn’t account for needing to keep every 62 year old to allow a CFI to become an RJ CA.

If there was anyway for the early outs to return you would see how fast it would normalize, with good movement, but not fleet parking movement.

Once the date passes the early outs would have retired things will slow down from this increased pace. In 4-5 more years things will slow down again.

This exact moment is unsustainable, it’s a double whammy because regionals weren't hiring during Covid, and starting that 2-3 year CA clock. If they had never stopped this wouldn’t be happening.

 

It isn't just early retirements, it is also fleet growth. Name a major airline that doesn't have significant orders for new aircraft on the books....go ahead, I'll wait. AA has the fewest and there are still dozens more airplanes arriving this year alone.

The "big 3" are retiring about 2000 pilots each year between now and 2030. That is still a lot of hiring even if there was no growth.

The other thing to remember is that we will soon start getting to the point where pilots will have had 20 years of "good times" before retirement. That hasn't happened for a while. Pensions and retirement plans were all wiped out and many pilots had to start over in the not very distant past. Those days are mostly behind us now because we have our own retirement with 16% put in each paycheck. So, fewer pilots will have to work to 65 to have the QOL that they want in retirement. Right now, a large percentage do not wait until 65. Of those 55 year olds that are at the legacies now, the vast majority are planning on getting out by 60. They have $2mil in their 401k already and are financially sound. There are always exceptions, but for the most part, most will not need to work until 65.

 

I noticed psa removed "flow in 5 years" in thier apc profile... How come?

Also psa pilots got a raise... Is this part of a new contract or something

 

That it was ever in there in the first place is the real question.

10 pilots a month. 2k pilot seniority list. Math. Do it.

 

There is no way flow takes 17 years.

Your number dosnt take into account medical losses, career changes, retirements, washouts, and the biggest one.... people leaving to other airlines in the largest number in the airlines history.

I would say in addition to the 120 who flow a year, and the above, 5 years was very realistic

 

Lol who told you we got a raise? If we did that's news to anyone on property.

 

While those do indeed happen, those are not guarantees... the only thing guaranteed is the 120 per year (which only happens if there is a new hire class at Daddy's© (so possibly not 120...) which can also be delayed too...)
but hey thanks for shilling for management.

 

We did get a raise. Started April 1st.

 

only raise I got was $1

 

75-100 dollars extra a month is better than nothing I guess. I'm just wondering if it's part of a contract or something