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Well, the Great Pilot Shortage


Well, the Great Pilot Shortage   

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Author: Joe   Date: 4/22/2023 7:50:04 AM  +1/-0   Show Orig. Msg (this window) Or  In New Window

Wanted to point out something.  


There is a major Fixed Wing Comany, that will remain Namless, that is by all Public Accounts, Loosing approximately $65,000,000.00 USD Per Quarter, that Employ's somthing like 700 Pilots.  


They Re-Financed a large portion of their Fleet a Few Months back. 


They are Paying King Air Captains around a $150,000 a Year, according to a Pilot I know who has worked there for over Two Years  



Like I told Him, this Company has all ready lost over $1.5 Billion Dollars. 


They would have to Net $20,000,000 a Quarter for 18 Years to cover the Loss to Date. 


You and I know that will never happen. 


But what will happen when 700 B-300 and XLS Pilots get Laid Off all at once. 


700 Turbine Pilots hitting the Market all at once will erase any shortages for many Years, in my Opinion.  


 
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Well, the Great Pilot Shortage +3/-22 was great while it lasted 4/19/2023 8:58:50 PM