Register

Briefing July 2023

Gemini Sparkle

Key Takeaways:

  • Republic Airways is implementing a controversial pilot recruitment program with a $100,000 early departure penalty and non-compete clause to address its captain shortage.
  • Wheels Up founder Kenny Dichter stepped down as CEO amidst significant financial losses since the company's 2021 IPO, despite rapid growth.
  • The FAA plans a gradual integration of eVTOL aircraft into existing airspace and facilities, with future segregation for high-volume operations.
  • Emirates CEO Tim Clark believes AI will not lead to fully autonomous aircraft in the near future due to customer acceptance, though single-pilot operations are conceivable.
See a mistake? Contact us.

Republic Recruitment Targets Captains

New hire pilots accepted for Republic Airways’ new pilot-recruitment program will likely be captains in a year or so and the airline expects them to stay in the job for at least two years lest they face a major financial penalty. The airline says it’s only hiring relatively high time FOs so they can quickly transition to the left seat. Major airlines have been poaching the most experienced regional pilots for several years and that’s created a major shortage of aircraft commanders. Republic wants to restock its roster of captains but it also doesn’t want to lose them immediately after training. It’s insisting new hires for the program sign a contract that requires them to pay $100,000 in “liquidated damages” if they leave before three years is up and prohibits them from working for a competing airline for at least a year after their departure. The Teamsters Union, which represents the pilots, says the plan will backfire and will deter pilots from applying to Republic.

Ready to Sell Your Aircraft?

List your airplane on AircraftForSale.com and reach qualified buyers.

List Your Aircraft
AircraftForSale Logo | FLYING Logo
Pilot in aircraft
Sign-up for newsletters & special offers!

Get the latest stories & special offers delivered directly to your inbox.

SUBSCRIBE