With demand outpacing supply, the US airline industry is facing financial headwinds from rising pilot costs and labor-related growth constraints. How high will costs rise, who will win, and who will lose? Listen to a Wall Street analyst, an aircraft manufacturer, and a labor economist discuss the implications of this problem. While major US airlines have the career-earnings and benefits to attract scarce pilots, they are facing a massive wave of mandatory retirements, rising pilot costs, and are reliant on regional partners to provide network connectivity. Regional airlines, low-cost carriers, and cargo airlines are directly exposed to the pilot shortage and may have limited room to maneuver. This edition of the Pilot Shortage Podcast is focused entirely on financial impacts to airlines, and is designed to inform and educate investors, airline management, and policy-makers.
