{"id":196572,"date":"2008-04-14T05:03:00","date_gmt":"2008-04-14T10:03:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/04\/14\/econ-101-pay-cuts-for-pilots-reduces-supply\/"},"modified":"2008-04-14T05:03:00","modified_gmt":"2008-04-14T10:03:00","slug":"econ-101-pay-cuts-for-pilots-reduces-supply","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/04\/14\/econ-101-pay-cuts-for-pilots-reduces-supply\/","title":{"rendered":"Econ 101: Pay Cuts for Pilots Reduces Supply"},"content":{"rendered":"<p>The New York Times, reporting on <a href=\"http:\/\/www.nytimes.com\/2008\/04\/10\/business\/10pilots.html?ref=business\">new dynamics in airline piloting as a career<\/a>, lower wages and higher costs to enter the field, notes that there are now shortages of pilots.<\/p>\n<p>When you can reasonably be expected to leave flight school with upwards of $100,000 in debt, and where starting salaries can be as low as $21,000 a year, and where senior level salaries have been cut by as much as 1\/3, is it any wonder that the pool of entrants is shrinking?<\/p>\n<p>It does not help that once you join an airline, you are pretty much a slave, since a move entails throwing out all of one&#8217;s seniority.<\/p>\n<p>Safety is suffering too, with flight hours required for an interview falling.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The New York Times, reporting on new dynamics in airline piloting as a career, lower wages and higher costs to enter the field, notes that there are now shortages of pilots. When you can reasonably be expected to leave flight school with upwards of $100,000 in debt, and where starting salaries can be as low &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1007,975],"tags":[],"class_list":["post-196572","post","type-post","status-publish","format-standard","hentry","category-aviation","category-employment"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/196572"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=196572"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/196572\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=196572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=196572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=196572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}