Dear you, who is considering a commercial pilot career,
Since the Covid-19 pandemic made its appearance throughout the world, the thought of pursuing a career as a commercial pilot has not been the most obvious one. It’s no wonder if you’re asking yourself a couple of questions when condering to invest in an expensive pilot education, like what is the short- and long-term forecast for the industry, and what does it mean for your chance of getting a job at one of the airlines when training is complete?
But there is good news according to a recent interview featured on CNBC:
New study: Early retirements create promising career opportunities
A new study conducted by Geoff Murray, partner at Oliver Wyman, has just revealed an expected pilot shortage of 34,000 pilots by 2025 (and around 50,000 by 2029). The primary reason for this is an unexpected amount of early retirements among commercial pilots whereof most are not expected to return to pilot jobs after the pandemic, leaving a huge gap to be filled by new pilots.
Geoff Murray foresees a bit of a boom for flight schools within the next 12 to 18 months, and as he says in the interview: “an individual who’s considering to become a pilot is looking at a career projection that is unlike anything we have seen in decades.”
You can watch the interview with Geoff Murray here:
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