Industry Future?

There is no way I'm reading all of that.

Considering that you've read it (I assume) and that it was published in May 2005... were they right?
 
Andrew_VT said:
There is no way I'm reading all of that.

Considering that you've read it (I assume) and that it was published in May 2005... were they right?
Click to expand...

Well I cant comment on findings of the report. I am not in the business. However Im looking into becoming a pilot, so im looking into what the industry will be doing down the road. Essentially Id like to see if remains in a stable stage or growth stage. BTW I also realize that the this industry is one based on cycles and its past unstableness can be seen through the recent industry short comings.

And no one said you had to read it. Just there if you want to.
 
I'm not a Yale graduate, or anything. . .but I'm pretty sure the industry in a growth stage right now (more jobs, orders of planes), and will most likely remain that way for the unforeseeable future. . .barring some lunatic doing something stupid within the industry.
 
"In the future, aircraft will operate more economically and will be easier to move about the marketplace, in the U.S. and abroad. The availability of standardized aircraft, with standardized contract maintenance services, makes entry into the industry relatively easy for start-up carriers, particularly new regional entrants. The excess of pilots adds to the ease of entry."


This last sentence confused me. I understand that Retirement age is or is going to 65 but isn't all this growth and retirements creating a shortage of pilots?​
 
I've read some of it, probably the stuff everyone already knows, the aviation grows, the air traffic system will be congested, the work needs to be done on new generation atc, the freight traffic expanding, the air taxi expanding...they said most likely they will do some tests on feasibility of air cargo to go unmanned...it's a scary thought, but makes sense. :rolleyes:
 
akaFlyboy 4 said:
"In the future, aircraft will operate more economically and will be easier to move about the marketplace, in the U.S. and abroad. The availability of standardized aircraft, with standardized contract maintenance services, makes entry into the industry relatively easy for start-up carriers, particularly new regional entrants. The excess of pilots adds to the ease of entry."


This last sentence confused me. I understand that Retirement age is or is going to 65 but isn't all this growth and retirements creating a shortage of pilots?​
Click to expand...

It seems that there is too many pilots for the posistions especially at the top. The babyboom has already started its gradual phase out process. Notice its gradual, I think the amount of pilots currently waiting to upgrade and pilots being trained will replace the outgoing pilots with relative ease. Again this assumes no one tosses a wrench into the gears.
If there is a heavy demand for pilots :rawk:, then new pilots will need less hours to get jobs at the regionals (ie. 300-500), and if traffic increases, so does revenue assuming a good business model that can cope with positive growth. That in turn creates better wages and QOL of pilots alike (or id like to think so).

Only time will tell.
 
Wanna save your self a lot of worry in this industry? When industry rags are all doing the Chicken Little routine, don't worry. When they all get real quiet, start worrying. For all other questions, consult your magic 8-ball.
 
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