PBRstreetgang
Registered Abuser
- Joined
- Mar 4, 2002
- Posts
- 3,241
Jon,A load of ALPA propaganda, though he does get a few things right; Deregulation was the begining of the end for this profession.
Supply and demand is a law of economics, it appears to fail as stated in the article because the baseline wage used as a reference is from the era of regulation. Those historically high wages don't come from the combination of profitability and unions as the author claims, they come from a government franchise and fixed prices by the CAB.
In other words, pilots are still over paid respecting the potential supply of pilots, wishing or believing that you worth more (even based on historical data) doesn't change the facts.
There is, however, no pilot shortage.
While I do believe that there is an agenda here, the facts speak for themselves.
When in the history of this industry has an airline paid a signing bonus of any amount much less $5,000? I remember the days when SKYW did not pay during training, how much did that cost you? The video author's agenda is, that for his lot in life to get better, potential pilots must stay away from the industry, in effect causing a shortage. The industry's agenda is to have a steady free flowing supply of pilots to staff it's airplanes. The truth is somewhere in the middle.
If you look at the FAA stats for pilot certificates is aprox half of what I'd was pre-2000, and in fact if foreign students and other factors are considered, it might be much lower. In the Bay Area a 172 is $176.00 per hour Hobbs wet, the math is not encouraging, so while you may espouse a free market concept, the aviation industry is anything but free market. Look at the number of F/Os and Jr CAs leaving, it speaks volumes, it easy to sit back and marvel at how good you have it, if anything in this industry is true its change, sit back and do nothing at your and your own's peril.
Last edited: