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TOPIC: flygcforum.com - Airlines Face Acute Shortage of Pilots

flygc

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Status: Online

Posts: 1572

Date: Feb 13, 2014

flygcforum.com - Airlines Face Acute Shortage of Pilots

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Acute Pilot Shortage

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Starting pilot salaries at 14 U.S. regional carriers average $22,400 a year, according to the largest U.S. pilots union.

Some smaller carriers pay as little as $15,000 a year. The latter is about what a full-time worker would earn annually at the $7.25-an-hour federal minimum wage.

A widening shortage of U.S. airline pilots is spotlighting the structure of an industry built on starting salaries for regional-airline pilots that are roughly equivalent to fast-food wages.

The shortage's toll rose Tuesday, as Republic Airways Holdings Inc, one of the nation's largest regional carriers, said it would remove 27 of its 243 aircraft from operation because it couldn't find enough qualified pilots. The news, which followed service disruptions at other airlines, sent Republic's shares down 4.1% to finish at $9.45.

Any pilot operating an aircraft for pay must start by obtaining a commercial pilot license (CPL).

Aircraft heavier than 12,500 lbs. also require pilots to have a "type rating" (specific to the make and model of aircraft) certification as well as an ATP rating.

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