Originally Posted by
felixflyer
The training industry will be decimated. No money or lending and parents in negative equity will be the end of that. We might see a couple of large schools remain as sponsored training comes back but it will be very, very compettive and require the pilot to remain with the sponsoring airline for a very long time on very low income to pay for it.
I do wonder if there will be enough parents and career changers out there who can fund the cost of an integrated course without a loan to enable the airlines to deal with any future expansion? I suppose quite a lot of it depends on whether a lot of the experienced pilots who are made redundant wish to resume a flying career post-virus.
If the training industry contracts massively and self-funding becomes a thing of the past, then BALPA and the various other unions need to absolutely prevent the self-funding of airline training ever being a thing in the future. A lot of pilots have suffered T&Cs being reduced over the years, unfortunately that's what an oversupply of cheap freshly-trained pilots looking for their first job leads to.