What I dont understand is where are all these people getting the money from? I could understand it when the banks were lending and property equity was rising but now? Surely there can't just be a never ending supply out there.
To all you experienced pilots who are now finding it hard to get an F/O job due to the whole P2F thing, why dont you do something about it. The unions are the ones that can stop this but they won't listen to the unemployed 200 hour fATPL's and the captains out there don't seem to care as its not affecting them (yet). It would appear to me that you guys are the ones that should be rallying the unions against this before you find yourselves being replaced by a profit making cadet.