A “tsunami” of retirements among pilots is looming, according to an airline industry insider—threatening to pile more pressure on an already constrained sector and raise ticket prices even further.
that United and its peers were aiming to hire a combined 8,000 pilots through 2023—but he warned that aviation’s ongoing labor shortage meant it would be a difficult year for travel.Black said on Wednesday that heightened demand for pilots at national carriers like United and Delta was being “fueled by the coming tsunami of pilot retirements.”
Even before this wave of retirements took hold, Black said, the impact of the pilot shortage was already “real.” More than 500 regional aircraft were currently grounded, she noted, and those that were in service were underutilized, as there were not enough pilots to fly them. In a bid to address the problem, regional airlines were now offering first officer salaries in excess of $100,000 a year, Black said—with regional pilot salaries around the same as first officer salaries at network carriers.
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