Wizofoz
Indeed.
My guess is that consequently, they will lose their contracts, and gradually, one-by-one, cease to exist.
It was never a sustainable business model, but will, by its own implosion, solve the 'shortage'.
This shortage has been dwelled upon for decades. It just won't happen. There are several thousand furloughed pilots from us Majors. There is a far higher number of qualified guys, instructors, etc, all looking to move on.
I reckon that if you're in the left seat at a regional, or even senior right seat, you're well placed to take advantage of the retirement wave. That's what it is. It isn't a shortage.
For now, there are/will be a few thousand laid-off legacy pilots looking for work, so one can ignore how the first few years of RA65 kicking in.
Last edited by ETOPS240; 14th Nov 2012 at 03:57.