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FAA forecasts dwindling student pilot numbers

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In ages past, hiring has gotten tight enough that major airlines were hiring ab-initio off the street guys who'd never been in a cockpit before in their lives. We're still a long, long way from ever seeing that again.
 
72,000 will be more than enough, even if only a third of them move to commercial.

The FAA website has a presentation on it that shows only about 2-3 out of 500 will ever earn an ATP. Many of those recent students are foreigners. They laugh at what we are paid. I don’t know where the slides are and I am not motivated enough to find them.

The damage has been done via the economy and the RLA. Most of the political decisions that will affect my career have already been made. I am not very optimistic about aviation in this country for my career and I have 29.5 years left.

I am looking for opportunities overseas for now. If the tide turns so be it but even if there is a shortage it doesn’t mean that we will get paid more. It means that the government will start paying for licenses to flood the market with pilots. There are other scenarios like letting foreign airlines fill the market.
 
The FAA website has a presentation on it that shows only about 2-3 out of 500 will ever earn an ATP.

Do you really think there will only be @360 ATP issued out 72000 applicants?!

Reality is, there will be no shortage of pilots available.
There may be a shortage of pilots willing to fly under a poor contract, but that is another story.
 
The damage has been done via the economy and the RLA. Most of the political decisions that will affect my career have already been made. I am not very optimistic about aviation in this country for my career and I have 29.5 years left.
Does this mean you are leaving for a better, more financially stable career or that you are into masochism? :p

I started in this business as my third career at the age of 35 in 1991. It started out well enough then quickly stagnated and stalled for several years. It picked up again just before hitting another at the end of 2001. C'est la vie. Welcome to the airline business!

It reminds me of this joke:
A guy walks into his local bar and is hit immediately by a dreadful smell, which isn't usually there.
"What's that smell?" he asked the bartender in disgust. A stranger; a skinny, unremarkable looking man, raised his hand apologetically: "That's from me." he said. The stranger then went on to explain that he was with the traveling circus that had just rolled into town, and his job was elephant keeper. The elephant, who didn't travel well, permanently had a dodgy digestion. Every morning, one of his tasks was to give it an enema. "you never get out of the way in time", he said apologetically, "then, of course, there's the constant clean up".

The local man was shocked. "You have to do this every day? The man nodded "Sometimes twice a day". "But that's terrible!" exclaimed said the local man, utterly horrified. "Why don't you find a better job?"
Now it was the the stranger's turn to looked horrified.
"WHAT....? And leave showbusiness..?"
 
Reality is, there will be no shortage of pilots available.
There may be a shortage of pilots willing to fly under a poor contract, but that is another story.
A shortage is a shortage, but you are correct there won't be an actual shortage. What will happen, as always in these things and as the links pointed out, market forces will change to avert any actual shortage for one very simple reason: airplanes without pilots don't make money.

At the moment we're on the backside of a cycle where pay, benefits and QOL are so low that young college students are electing to go into career fields other than aviation. Those who track these things for the aviation industry have noted the potential problems. Before the recent economic disaster in the fall of 2008, Netjets had given their pilots a very lucrative contract for the simple reason they saw the coming "shortage" and wanted to attract the best pilots to their company before the airlines swept them up. After the economy rebounds, hopefully later this year or early next, the low number of pilots being trained will be foreseen as a serious problem.
 
Daniel Webster College is shutting down it's flight training department. Wonder how much the current climate affected that decision. They've been around for awhile...
 
It costs an insane amount of money now to be a proffesional pilot. Add to that the starting wage at most regionals is terrible (around $19.00hr) and tack on another 5 years to be upgrade as CA (thanks to the age 65 rule) and the average pilot will not see the "Majors" until their mid to late 30s if they stay in the 121 world that long.
 
It costs an insane amount of money now to be a proffesional pilot. Add to that the starting wage at most regionals is terrible (around $19.00hr) and tack on another 5 years to be upgrade as CA (thanks to the age 65 rule) and the average pilot will not see the "Majors" until their mid to late 30s if they stay in the 121 world that long.

Just wondering what you consider an "insane amount"?
A 4 yr degree will cost you between 50-80 grand.. maybe more if you look at top tier colleges.
Getting your private to CFI/CFII/MEI will cost between 50-80 grand.

Expensive, sure. But not insane. It's a career, not just a job.

Do you think Doctors, Lawyers, Professional Engineers think their costs are "insane". It's the cost of getting into the industry.

One major problem with our industry is that we had a period where alot of pilots got lucky and didn't have to pay large dues to get in. Then because of timing, they got a quick upgrade.
I flew with FO's at my old job with 250-500 hours, low multi time and some with just 2 yr degrees.

There are probably a couple of thousand ATP rated pilots on the street today due to furloughs that need to come back to their original jobs or get hired at a new carrier.
Real hiring won't start up again till 2011-2012 and who knows how long it will last.
If 2013 comes around and the regionals have problems finding pilots, I'll believe we have a problem. But don't really see it happening.
 

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