IATA estimates airline traffic will nearly double during that period, so companies like Canadian training group CAE Inc (CAE.TO) and L3 Technologies (LLL.N) are building new flight simulators to cash in on training demand.
Yet as pressures from pilot groups seek a rise in T's & C's for line pilots, and with some success, the lonely often freelance SFI at these training centres has seen a reduction in income over the past few years. They have no bargaining power and are often retried or part-time line pilots earning pocket money. The full-time SFI, perhaps without a medical, has been screwed to the floor. They are one solution to the shortage, but reap small rewards for their efforts.