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Supply and demand. Once 300-hour guys were hired by the majors, decades ago. For the next generation that may not have to go into huge debt to fly for a living, good for them, I hope it all works out. Just another example that timing is everything in this job...
Remember all the major airline crashes from decades ago?
It wasn't the 300 hr. pilots crashing planes back then. The real killers were Captain egos and mechanics who were having NASCAR daydreams while wrenching on a 737.