The Industrial Sector To Maintain down market

14 October, 2022

ashok

The Industrial Sector To Maintain down market

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This is no anecdotal pilot shortage, either—the same problems are found on a global scale, with Boeing estimating an incredible shortage of 790,000 or more pilots across the world over the next two decades. In the shorter term, the domestic industry can expect more than 8,000 unfilled vacancies per year by 2021, and five years later that number could be higher than 12,000 pilot-less flights in need of help. This spells trouble for your supply chain because even if you don’t personally rely on flight to get items delivered, chances are at least one of your key suppliers does.

After a 2009 Colgan Air crash, the US Federal Aviation Administration raised the requirements for an ATP certificate from 250 hours to a whopping 1,500 hours of training.