Years ahead - surplus or shortage of pilots?
Join Date: Apr 2007
Location: Europe
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It all boils down to oil really. Oil being a finite resource, it has a finite life. The $64,000 dollar question is when does the price of oil make it uneconomical for airlines to fly. I'm convinced that the end is nigh for oil, but not for 30+ years.
The fewer seats on an aircraft left the more they cost. The fewer oil, the more money you got to weed out
btw: I saw experts ( whatever that means nowadays ) on the news who forecasted oil prices of 350-400 dollars / barrel not too far in the future. Now THAT'D make me wonder about the nice fuel surcharge on my Ryanair tix