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I'd hardly call a Cape Air pilot who's flown in the northeast during the winter a well trained switch monkey! It's a tried and proven program and it gives people who may not otherwise be able to fly the opportunity to.
The money? That's on you, your Union, and what it will negotiate for them.
Cape Air isn't the Gateway 7 ab initio program under discussion. What are you talking about?
This isn't Europe or China. There is no shortage of already-qualified pilots in this country. There is a shortage of pilots willing to work for less than the waiter at Chili's. The JetBlue ab initio program is nothing more or less than an attempt to train up captive pilots willing to work for less because they'll have nowhere else to go. We need experienced pilots, not well-drilled switch monkeys.
Gateway 7 is intended to hire non-pilots and train them in light aircraft and simulators for a multi-crew environment...