This is the point that I am making. Before the economy took a nosedive, 1500/200 was considered qualified for a good majority of F/O positions as well as a good majority of PIC piston multi jobs.
Scubabri,
It has been said a lot, that the only thing constant in this industry is change. When I took my first flight lesson in November 1991, the average flight instructor at the school had around 2000TT, 200-500ME, and were very thrilled at the prospect of an interview flying a 310 full of car parts at night.
Fast forward to 1996. Now I'm a flight instructor thinking I'll never get enough multi-time to even be allowed to sit in the Seminole. Commuter's are requiring 1500 hours (down from over 2000 from 5 years earlier) and the charter cargo places are just looking for warm bodies to throw in the right seat instead of the usual 1200 hours. Even some corporate outfits are looking more for people with determination than hours.
1998, with 1000TT and 100ME, I get a job flying larger turboprops full of auto parts. I got this job the old fashioned way, I networked. I kept in touch with a lot of friends from college and we helped each other out. People I instructed with swore up and down that you needed the proverbial 1200 and 2 just to get looked at.
This job led to my next job (also freight) with an outfit flying Lears and Falcons. My hours got me this one. 9 months later, I'm in the left seat.
2 years after starting with the previous company, I was hired with the major I currently fly for. Again, everybody was lecturing on how it's a waste of time to even apply with less than 1000 turbine PIC. I got the interview with 450 PIC jet and hired with a little over 500. BTW, I was also granted an interview with a second major which I politely turned down after being hired.
I know this is a long-winded response, and I apologize for it. So, here is my message. Numbers are just that, numbers. Keep flying and keep applying. Keep sending out and when possible, personally dropping off resumes. Keep meeting people and staying in touch with people. I have no pilots in my family other than me, so I had a lot of work ahead me.
What's set in stone today can become old news by tomorrow morning. Keep your sights set on your goal and don't let anyone or anything discourage or distract you. Finally, I wish you the best of luck. Hang in there.