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taildragger173 · March 15th, 2008, 20:46

$110 oil prices means that the high CASM 50 seater jets have lost any cost advantage that they once had. Most new pilots are going into 50 seat jets and with the current economic state those might end up getting parked. You'll probably start seeing hiring freezes soon as well as possible furloughs. This time though, I dont think that the mainline carriers will be as affected as the regional carriers. ExpressJet offereing COLA's is the first sign that the industry is turning around.

March 15th, 2008, 20:46	#6
taildragger173 Senior Member Join Date: Jun 2004 Location: Siberia Posts: 404	Re: Oil Costs and Pilot Employment $110 oil prices means that the high CASM 50 seater jets have lost any cost advantage that they once had. Most new pilots are going into 50 seat jets and with the current economic state those might end up getting parked. You'll probably start seeing hiring freezes soon as well as possible furloughs. This time though, I dont think that the mainline carriers will be as affected as the regional carriers. ExpressJet offereing COLA's is the first sign that the industry is turning around.