US airlines about to be hit with 'tsunami' of pilot retirements | CNN Business

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The US airline industry is about to be hit with a 'tsunami of pilot retirements' that will further the nation's pilot shortage, limiting flight availability for passengers and putting upward pressure on fares, an industry group told Congress.

The US airline industry is about to be hit with a “tsunami of pilot retirements” that will further the nation’s pilot shortage, limiting flight availability for passengers and putting upward pressure on fares, an industry group told Congress Wednesday. “The pilot shortage has resulted in a collapse in air service,” Faye Malarkey Black, president and CEO of the Regional Airline Association, told a House Transportation and Infrastructure subcommittee hearing in prepared remarks.

“These pilots were long called to the career path but were only able to surmount the financial obstacles later in life after they had built up their own savings and credit histories,” Black said in her prepared remarks. But the union representing most US airline pilots urged Congress against changing pilot qualification and training standards in an attempt to address the pilot shortage, saying some ideas would compromise safety.

 

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No problem, they’re too big to fail. Bailout billions incoming.

Airlines should offer paid apprentice programs to train pilots, with agreements to stay working for that airline for an agreed on number of years.

PeteButtigieg needs to resign

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Quick to the Equity hierarchy chart!

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