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I was at PanAm for awhile... and when I was there (I left in february), a large number of people were hired as instructors... but they were put on waiting lists for months (some I knew had been waiting a year) before they could actually start instructing (too many students moving through, and not enough instructors getting hired). I'm sure it's improved a bit with the new upsurge in hiring at the regional airline level... but waiting a year for a promised job doesn't sound like too good of a deal to me. Beyond that, a lot of the instructors who were instructing only ended up putting a few hundred hours in their logbooks a year... simple math makes that quest for a regional airline position from a 2 year plan (1 year training, 1 year instructing), like PanAm promises, closer to a 4 or 5 year plan (1 year training, 1 year waiting, 2-3 years instructing).
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Just correcting some facts here...
No instructors were waiting a year to instruct. There was no wait list until at least June 2003, so there's no way they could have waited a year to teach when you left 8 months later in February. I don't know exactly how long the wait was, but it was something like 3-6 months.
New instructors are now starting as soon as they finish the pre-hire stuff (indoc class and interview, backseat observation flights, and checkout flights) which takes 1-2 months after the final checkride. The instructors that are being interviewed and offered jobs this week by Skyway Airline started instructing in March 2003 or later, so they were instructing for 15 months or less.
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With all due respect to you, you are not correcting the facts; you're spinning them. The guy that was at Pan Am gave an honest description of the flight instructor situation right now.
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How was that spinning the facts? The facts as he stated them: 1 year training, 1 year waiting, 2-3 years instructing
The real and current facts: 1 year training, 1-2 month waiting, 12-15 months instructing. That adds to 2 1/2 years or less, not 4-5 years.