In this episode, John and Scott discuss the current state of the aviation industry, focusing on pilot hiring trends, the challenges faced by regional airlines, and the recent bankruptcy of Spirit Airlines. They analyze hiring projections for major airlines, the implications of training contracts for new pilots, and the financial struggles of Spirit Airlines as it navigates its second bankruptcy in a short period. The conversation highlights the complexities of the airline industry and the potential future landscape for pilots and airlines alike.
Disclaimer: Any opinions and advice given are our own. We do not represent any company, airline, or organization. We are not licensed career or financial advisors.
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Notes:
Aerocap show Airlines Confidential
https://open.spotify.com/episode/4WsFbisPq1EVQrUk94cOKH?si=299c53ee84f2462e
Airline Hiring Chart
https://airfactsjournal.com/2024/04/what-a-difference-a-decade-makes-the-ga-boom-in-statistics/
Correction: Telecom merger was Sprint and T-mobile, not AT&T