Read the letters page in Flight this week !
The truth will out when industry journals start doing proper journalism!
One uk school alone pumps another 2000 low houred under nourished and broke cadets into the market every year. Are there 2000 jobs out there?
The real shortage is AIRLINE INVESTMENT. Just look at the ads for 5000h p1 on exact airframe type and subdivision! Even latest RYR ad requires significant part 25 heavy time.
So the glut of cadets get overlooked. The experienced military, TP, regional jet pilots all overlooked. Even the BA MPL scheme will cost successful candidayes a huge amount of interest payments.
Financial section of Times said airfares have dropped 20% in real terms past decade due to this madness.