The Market
Some will quit because of
Cheap credit; easy to borrow; high training debt levels; interest now at all time low; interest rates will rise; pressure on pilots with debt will increase
Low cost airline; lower pay; continued pressure to reduce further and increase revenue by training pilots
Rapid Expansion; then stagnation; airline further pressure to reduce costs; further reductions in pay
Fuel costs rising; further pressure to reduce costs and pay and conditions
Cross EU standard Regulations; increased competition for jobs; from Eastern Europe where wages are lower
Validity of expensive (ME IR £500/hr)self-selected frozen ATPL route declining compared to rising use of MPL where airlines can make revenue and charge for training and hours
Cost of hours building and/or difficulty in making initial jobs pay overheads and debt