Concessions - Concessions - Concessions
08-12-2013 | 11:49 AM
#11
Bracing for Fallacies
Joined: Jul 2007
Posts: 3,543
Likes: 0
From: In favor of good things, not in favor of bad things
There IS a shortage at the regional new-hire level and the numbers achieved aren't anywhere near those requested. Most regionals are getting 15-30% of the pilots they need. Now if regionals shrink by 60% like your above example, then there won't be a shortage for awhile, but once the legacies, LCC's and other next move carriers start hiring, even a 60% contraction will be impossible to staff.
Give it another 18-24 months.
Give it another 18-24 months.
08-12-2013 | 12:31 PM
#13
Line Holder
Joined: Mar 2012
Posts: 700
Likes: 12
From: Airplane
It all comes down to the laws of supply and demand, whether or not anyone actually wants to recognize the fact. If regional airline pilots were of such commodity, they would be paid as such. Wages will not be increased dramatically because current contracts will never be able to support such increases.
A regional airline pilot will always make 20-30k a year, at least starting, because there are plenty of people lining up for the job. An oil field truck driver can make 70k a year their first year. Why? Because there aren't enough people to fill the position.
To make money at flying, you have to locate a niche that needs to be filled. I'll make 30k this year just in contract pay from flying a single engine. Supply and demand...
A regional airline pilot will always make 20-30k a year, at least starting, because there are plenty of people lining up for the job. An oil field truck driver can make 70k a year their first year. Why? Because there aren't enough people to fill the position.
To make money at flying, you have to locate a niche that needs to be filled. I'll make 30k this year just in contract pay from flying a single engine. Supply and demand...
08-12-2013 | 02:23 PM
#14
Gets Weekends Off
Joined: Nov 2012
Posts: 249
Likes: 0
From: Retired Mil...ready to start the grind
It all comes down to the laws of supply and demand, whether or not anyone actually wants to recognize the fact. If regional airline pilots were of such commodity, they would be paid as such. Wages will not be increased dramatically because current contracts will never be able to support such increases.
A regional airline pilot will always make 20-30k a year, at least starting, because there are plenty of people lining up for the job. An oil field truck driver can make 70k a year their first year. Why? Because there aren't enough people to fill the position.
To make money at flying, you have to locate a niche that needs to be filled. I'll make 30k this year just in contract pay from flying a single engine. Supply and demand...
A regional airline pilot will always make 20-30k a year, at least starting, because there are plenty of people lining up for the job. An oil field truck driver can make 70k a year their first year. Why? Because there aren't enough people to fill the position.
To make money at flying, you have to locate a niche that needs to be filled. I'll make 30k this year just in contract pay from flying a single engine. Supply and demand...
08-12-2013 | 04:18 PM
#15
Gets Weekends Off
Joined: Sep 2009
Posts: 514
Likes: 0
From: Left seat of a Jet
Supply and demand...doesn't mean what you say it means. Pilots ARE a commodity, but because the market cannot support wages equal to a pilot's potential "worth", it won't. We can cry and whine about it all we want, but when you have a market that demands costs paid by the customer to be low, earnings cannot support what we "think" we are worth. It will be truly interesting to see what the 60 hour max duty week will do to the profit margins of the regionals...more mouths to feed with no change to the overall production of the group. It's the nature of the beast to start making a pauper's wages...even if one were uninformed enough to do the 100k in loans to get to this point.
you get the golden cigar because the customer is always right or wrong the customer decides with his or her feet. When the feet start walking so does the money!
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