In the News

Pilots | Airlines Face Acute Shortage Writes WSJ

U.S. airlines are facing what threatens to be their most serious pilot shortage since the 1960s, with higher experience requirements for new hires about to take hold just as the industry braces for a wave of retirements.

Federal mandates taking effect next summer will require all newly hired pilots to have at least 1,500 hours of prior flight experience—six times the current minimum—raising the cost and time to train new fliers in an era when pay cuts and more-demanding schedules already have made the profession less attractive. Meanwhile, thousands of senior pilots at major airlines soon will start hitting the mandatory retirement age of 65.

A rule requiring new airline pilots to have at least 1,500 flying hours will postpone the day flight instructor John Adkins, above, can join a carrier.

Another federal safety rule, to take effect in early 2014, also will squeeze the supply, by giving pilots more daily rest time. This change is expected to force passenger airlines to increase their pilot ranks by at least 5%. Adding to the problem is a small but steady stream of U.S. pilots moving to overseas carriers, many of which already face an acute shortage of aviators and pay handsomely to land well-trained U.S. captains.

“This is going to come to a crisis,” said Bob Reding, recently retired executive vice president of operations at AMR Corp.’s AAMRQ -2.70% American Airlines and now a consultant to FlightSafety International Inc., an aviation training provider.

Added Kit Darby, a consultant on pilot-hiring trends: “We are about four years from a solution, but we are only about six months away from a problem.”

Estimates differ on the problem’s magnitude. Airlines for America, a trade group of the largest carriers that collectively employ 50,800 pilots now, cites a study by the University of North Dakota’s aviation department that indicates major airlines will need to hire 60,000 pilots by 2025 to replace departures and cover expansion.

Mr. Darby’s firm calculates that all U.S. airlines, including cargo, charter and regional carriers, together employ nearly 96,000 pilots, and will need to find more than 65,000 over the next eight years…

Choosen excerpts by JMM from

via Airlines Face Acute Shortage of Pilots – WSJ.com.

Lufthansa : Threat of wage cuts and layoffs

POSTED BY  ⋅ OCTOBER 22, 2012 ⋅ LEAVE A COMMENT

At a press conference in Frankfurt last Thursday the CEO of Lufthansa, Christoph Franz, announced details for the long-planned restructuring of the company. From 2013 onwards Lufthansa will transfer all of its Europe-Germany flights—with the exception of those from Frankfurt and Munich—to the subsidiary company it formed ten years ago, German Wings. German Wings will … Continue reading »

American Airlines Layoffs – Tulsa families up in the air

POSTED BY  ⋅ OCTOBER 21, 2012 ⋅ LEAVE A COMMENT

After negotiations with the union and early retirement packages, company and union officials said this month that American would lay off 300 mechanics and about 70 fleet service workers in Tulsa by February. The layoffs will be effective in November … American Airlines layoffs leave families up in the air | Tulsa World.

FedEx Outlines Broad Cost-Cutting Plans: Layoffs to come ?

POSTED BY  ⋅ OCTOBER 18, 2012 ⋅ LEAVE A COMMENT

FedEx Corp. announced programs targeting annual profitability improvement of $1.7 billion during the next three years. In a keynote speech at FedEx Corp.’s 2012 Investors and Lenders Meeting, Frederick W. Smith, FedEx chairman, president and CEO, said a significant portion of the profitability improvement will come from cost reductions at FedEx Express and FedEx Services… …Continue reading »

SAS | To cut nearly 6,000 jobs

POSTED BY  ⋅ NOVEMBER 12, 2012 ⋅ LEAVE A COMMENT

Loss-making airline SAS will shed nearly 6,000 staff through cuts and asset sales to secure loans from banks and Nordic governments to help it survive a global downturn and fierce competition. SAS (SAS.ST), one of the European flag-carriers being squeezed by discount carriers such as Ryanair (RYA.I) and Norwegian (NWC.OL), has not made a full-year … Continue reading »

Iberia | IAG to cut 4,500 jobs

POSTED BY  ⋅ NOVEMBER 9, 2012 ⋅ LEAVE A COMMENT

International Airlines Group warned on Friday that its Spanish carrier Iberia was ‘‘in a fight for survival’’ and unveiled a restructuring plan to cut 4,500 jobs as it reported a drop in third-quarter profit. Iberia CEO Rafael Sanchez-Lozano said the carrier is losing money in all its markets and was ‘‘burning €1.7 million ($2.17 million) … Continue reading »

Air France – 5,000 jobs to be cut by 2013

POSTED BY  ⋅ JUNE 21, 2012 ⋅ 1 COMMENT

French airline Air France has announced it is to cut more than 5,000 jobs by the end of 2013 in an attempt to reduce costs and return to growth. The figure represents just under 10% of the total workforce of 53,000. The job cuts form part of a restructuring plan to restore profitability, in the …Continue reading »

Transat increases temporary layoffs

POSTED BY  ⋅ SEPTEMBER 13, 2012 ⋅ LEAVE A COMMENT

Transat increas­es tem­po­rary lay­offs amid capac­i­ty cuts to improve prof­its. By Ross Marow­its, The Cana­di­an Press | Sep­tem­ber 13, 2012. Email. MON­TRE­AL – Transat AT is set to tem­porar­i­ly lay off more than twice the num­ber of pilots and flight atten­dants … http://www.canadianbusiness.com/article/98430–transat-increases-temporary-layoffs-amid-capacity-cuts-to-improve-profits

Discussion

9 thoughts on “Pilots | Airlines Face Acute Shortage Writes WSJ

  1. I would like to thank you for the efforts you have put in writing this blog.
    I really hope to see the same high-grade blog posts by you in the future as well.
    In truth, your creative writing abilities has encouraged me to get my own, personal website now
    😉

    Posted by Source | September 30, 2013, 12:03 am
  2. This is really interesting, You’re a very skilled blogger.

    I’ve joined your feed and look forward to seeking more of your magnificent post.
    Also, I have shared your site in my social networks!

    Posted by ipshone | December 8, 2013, 1:29 pm
  3. Thanks for the marvelous posting! I really enjoyed reading it,
    you are a great author. I will always bookmark your blog and may
    come back in the future. I want to encourage you to continue your great posts, have a nice weekend!

    Posted by Stephen | January 13, 2014, 11:33 am
  4. This design is steller! You obviously know how to keep a reader entertained.

    Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Great job.
    I really enjoyed what you had to say, and more than that, how you
    presented it. Too cool!

    Posted by http://www.instructables.com | April 29, 2014, 3:09 pm
  5. I think this is one of the most important info for me. And i’m glad reading your article.
    But should remark on some general things, The web site
    style is wonderful, the articles is really excellent : D.
    Good job, cheers

    Posted by Msvcr110.Dll Installieren | August 4, 2014, 2:25 pm
  6. I have been exploring for a little for any high quality articles or weblog posts on this kind of
    space . Exploring in Yahoo I eventually stumbled upon this site.
    Studying this information So i’m happy to exhibit that I have
    an incredibly excellent uncanny feeling I came upon exactly what I needed.
    I most indisputably will make certain to don?t fail to remember this site and
    give it a glance regularly.

    Posted by http://jaja.club/ | August 13, 2014, 10:55 pm
  7. If some one wants expert view concerning blogging then i suggest him/her to pay a visit this
    webpage, Keep up the good work.

    Posted by rsvp.exe | August 20, 2014, 9:21 pm
  8. If some one wishes to be updated with hottest technologies afterward he must be visit this website and be up to date every
    day.

    Posted by Minibus Hire Stanmore | September 22, 2014, 1:03 pm

Trackbacks/Pingbacks

  1. Pingback: Spain / Iberia workers on strike over layoffs « Job Market Monitor - February 6, 2013

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on WordPress.com

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter

Categories

Archives

%d bloggers like this: