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"According to its website, about 14,500 openings for airline and commercial pilots are projected each year, on average, over the decade. That means nearly 150,000 new airline pilots will be needed by 2030.

That number seems stark, but a November 2020 pilot job outlook by CAE (NYSE:CAE), the global commercial training provider for airlines and other private entities, not only corroborates this, but doubles it, saying the global requirement for new pilots over the next decade could be as high as 264,000. 

CAE attributes this to two things:        

  • Airline pilots retiring at a rate of 3.8 percent a year, due to pilots reaching the FAA mandatory retirement age of 65.
  • Projected growth in leisure and business travel."

From Flying Magazine full article here: https://www.flyingmag.com/where-have-all-the-pilots-gone/

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