GLOBAL PILOT SHORTAGE OUTLOOK · UNTIL 2038
Projections show that at the current rate of pilots entering the profession there will not be enough pilots to fly the increasing fleet. Massive global pilot shortage is causing desparate airlines to raise salaries. Now, pilots are the currency. With the global fleet doubling in the next 20 years, 550,000 new pilots -645,000 according to Boeing- will be needed over that period.
Air Transport Figures
IATA suggests that passengers may double up to 8.2 billion by 2037.
Airbus forecasts 4.3% growth in annual traffic in RPK until 2038.
Airbus Global Market Forecast 2017-2036, 2016 Boeing’s Current Market Outlook and World Airport Traffic Forecast IATA.