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It doesn't appear the growth is over. There is new flying being added in January as well as more on the horizon. Also, with the new rest requirements in the final stages, more pilots (including captains) are going to be required and skywest is hiring in anticipation o this. Third, attrition is already high and expected to increase significantly over the next 2 years. So, I believe your forecast of 4 years for new-hires today is very short sighted. I don't know what it'll be, but I expect upgrades times to be relatively short very soon. Of course, economy and terrorism issues can change everything in a heartbeat.
New question: Which airline would be faster for a new-hire to get 1000 hours?
Basically, I'm trying to figure out where I can fly the most, the quickest. I don't want to be stuck at only 200 hours more this time next year and am wondering if the bird in hand (PSA) is faster to a line than the bird in the bush (Skywest possible start date at the end of Feb).