In the old days, as in pre-2013, the regional airlines that feed the majors in the United States had their pick of pilot candidates, often aviators right out of a university aviation program with fresh certificates and a few hundred hours in their logbooks. Then came the 2013 rule requiring all first officers in air carrier service to hold an airline transport pilot certificate (ATP) to even be considered. In just three years, the marketplace for airline pilots was turned on its ear with a fat supply turning into a shortage. Not only did the employment requirements change, but so too did some of the intricacies of how professional pilot candidates might reach their goal.
It’s Not the Same Old Pilot Marketplace
Key Takeaways:
- The 2013 ATP rule transformed the airline pilot market from surplus to shortage, empowering pilots and leading to increased demand and better career prospects.
- Aspiring pilots must choose between university programs offering a degree and federal loan access (often incurring debt) or faster independent flight schools requiring alternative financing, with airlines recommending but not requiring a degree.
- Regional airlines are offering significant financial incentives, including signing bonuses, improved pay rates, and guaranteed flow-through agreements to major carriers, to attract and retain qualified pilots.
- Obtaining a Certified Flight Instructor (CFI) rating is highlighted as crucial, not just for building flight hours but for gaining in-depth knowledge and maintaining instrument flying skills essential for professional pilot careers.
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