Airline Industry Could See Pilot Shortage

ST. LOUIS (KMOX) – A pilot shortage may be in the near future, and that could mean fewer, more expensive flights.

One local flight instructor says there are a lot of reasons for the pilot shortage, the first being that flight school is expensive. Most flight schools cost $40,000 and up.

“Loans are harder to come by nowadays,” says Corey Tomczack with St. Louis Flight Training. “After a couple major flight schools collapsed, a lot of the lending agencies tightened up their underwriting.”

But the big reason no one wants to be a pilot, according to Tomczack?

What it pays.

“The first year, if you decide to go to a regional airline as a co-pilot, there are some that pay as little as $18,000 and as much as $24,000 your first year,” he says.

To avoid the problem, airlines will have to cut flights or raise salaries.

Either way, it’ll cost you in the end.

(TM and © Copyright 2014 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2014 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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