The Traderszone Network

Published in TZ Latest News 27 June, 2021 by The TZ Newswire Staff

A Massive Pilot Shortage Is Coming: What It Means for Airlines

Less than a year ago, many U.S. airlines were offering pilots generous early retirement packages, as they maneuvered to stretch their payroll support funds as far as possible. Since then, air travel demand has come roaring back, particularly in the domestic leisure market. In recent days, passenger throughput at TSA checkpoints has averaged 75% of 2019 levels — and the summer peak season is just getting under way.

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