Well, the Great Pilot Shortage

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Author: Joe Date: 4/22/2023 9:01:45 AM +0/-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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