Last year, the FAA changed the requirements for pilots looking to become First Officers, mandating they must complete 1,500 hours of flight time instead of the previous 250 hours. This significant jump came after the 2009 crash of Colgan Air flight 3407 was found to be caused by pilot error resulting in the death of 50 people in upstate New York.
While the new rules are meant to improve safety, they also have had the unintentional consequence of adding to an already precarious situation in meeting pilot supply. Retiring boomers, a lost decade of hiring combined with high training costs, and a low initial salary has left the industry with a shortage of qualified pilots needed to fulfill the 4,500 yearly demand for pilots. Without new strategies to fill the gap, the public could be faced with cancelled flights and the industry with reduced revenues. Let’s take a closer look at the problem and underlying cause.Read More