Looking at the analytics, airline ticket costs will easily go to $1,200 average by mid summer. Right now they are hovering at $500. With fleet retirements happening right now, the debt loads incurred by Boeing and Airbus and the airlines, and exaggerated operating costs, expect ticket prices to be $1,500 by January.
Pilots, as you know, just won’t find the aggravation and risk worth it to be a pilot if pay is cut any further. We’ve already seen massive pay cuts over the years. People just don’t know what it takes to become an airline pilot and it really isn’t worth it as it is.
I couldn’t agree more.