Touristic Complex Mraguen

Over the prior ten years we have experienced a slump in Airlines Hiring pilots, this has been caused by four important factors and with these vanishing I predict a swing toward a major hiring boom. Some industry analysts are forecasting that we are at the start of the largest and longest pilot hiring period in history. Major airlines, corporate aviation and contract jobs for expats will be the sectors influenced most by this boom.

The first factor which will lead directly to the turnabout of an increase in Airlines hiring is the compulsory retirement age of sixty-five. A number of years ago the age was increased from sixty to sixty-five allowing pilots to continue flying for an extra five years so long as they could maintain good health. This delayed the natural attrition and reduced hiring, now however many pilots are approaching this compulsory age and will shortly retire from the industry.

In previous years older generation aircraft which are not as sophisticated as the modern aircraft we see traversing our skies on a regular basis today actually needed three pilots in the cockpit. As these older aircraft were retired to be replaced by aircraft requiring only 2 pilots there were a lot of seats to be filled by the 3rd pilot. Recruitment was needless because of the overstock of pilots. Now that all the slack has been taken up this isn't a factor any longer.

The 3rd factor in the equation has been the astronomic price of oil. With oil prices no longer around $150 a barrel airlines operating costs have been reduced dramatically. This has allowed for growth and subsequently the recruitment of more pilots.

The final factor is the turn-around from the slow economic times experienced worldwide during the past. With the economy improving not just in the United States but almost all of Asia Pacific as well the demand for air travel is rapidly increasing seriously. All of which indicates to me that the demand for pilots will grow considerably over the next 10 years.