How serious is the pilot shortage?

Consulting firm Oliver Wyman estimates that despite efforts to close the gap, airlines in North America will face a shortage of nearly 30,000 pilots by 2032. The supply of new pilots will grow, but not enough to offset a continuing wave of retirements, the consultant says. There is cause for hope, however.



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Consulting firm Oliver Wyman estimates that despite efforts to close the gap, airlines in North America will face a shortage of nearly 30,000 pilots by 2032. The supply of new pilots will grow, but not enough to offset a continuing wave of retirements, the consultant says.

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They can train about 1,500 to 1,800 pilots a year, Headley said. But since the industry is short about 17,000 pilots right now, we can't catch up that quick, he said. Because of the current staffing shortage, commercial airlines have cut back flights to smaller regional airports.

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The Federal Aviation Administration (FAA) requires all pilots to take their last flight by their 65th birthday, and they cannot fly again after that no matter their health or ability. Most pilots are retiring because of age: At least 5,773 retire each year because they hit the mandatory retirement age of 65.

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Job security and remuneration
In terms of job security, becoming a pilot is a very safe bet. With the world's ever-growing population, the demand for air travel will only increase. As a result, pilots will always have a job to go back to. According to the Boeing market outlook, by 2041, Europe will need 449,000 pilots.

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An acute pilot shortage for major airlines including United, Delta, American and Southwest is forcing the industry to rethink how it trains pilots and recruits the next generation of aviation labor in the cockpit.

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The demand for pilots will be at an all-time high over the next 20 years, according to some industry experts. Most of the expected pilot shortage will be experienced in China and India, with a smaller demand felt in the United States and Middle East.

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According to the Bureau Of Labour Statistics, the average airline pilot salary in America ranges from $202,180 to $208,000.

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The average Delta Airlines pilot earns $192,000 with top-earners making $526,000. American Airlines pilots earn an average salary of $118,000, with some pilots earning in excess of $700,000. Most importantly, pilot salaries continue to increase.

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WASHINGTON, July 20 (Reuters) - The U.S. House of Representatives on Thursday voted to pass legislation that would raise the mandatory commercial pilot retirement age to 67 from 65 and make other aviation reforms, with the Senate now set to consider its own measure.

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How Much Is An Airline Pilot's Salary?
  • The bottom 25% earn up to $121,000 a year.
  • The middle 50% earn between $121,000 and $298,000 annually.
  • The top 25% earn between $298,000 and $768,000 annually.


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How Much Is An Airline Pilot's Salary?
  • The bottom 25% earn up to $121,000 a year.
  • The middle 50% earn between $121,000 and $298,000 annually.
  • The top 25% earn between $298,000 and $768,000 annually.


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Not to mention exposure to radiation, pressure changes, high levels of stress, and sitting for hours at a time. These factors can speed up the aging process for many pilots and research suggests they often die younger than the average population, particularly after retirement.

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As of Aug 23, 2023, the average annual pay for an Airline Pilot in the United States is $76,767 a year. Just in case you need a simple salary calculator, that works out to be approximately $36.91 an hour. This is the equivalent of $1,476/week or $6,397/month.

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An airline pilot can be an extremely stressful job due to the workload, responsibilities and safety of the thousands of passengers they transport around the world. Chronic levels of stress can negatively impact one's health, job performance and cognitive functioning.

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In the United States, the Federal Aviation Regulations (FARs) limit pilots to 36 flight hours in a week, 100 hours in 672 hours (28 days), and 1,000 hours in a 365-day calendar period.

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