Global Pilot Shortage Threatens Airlines

By Thomson Reuters – Re-Blogged From Newsmax

A growing shortage of airline pilots is putting the industry’s recent growth at risk as planes sit idle, higher salaries cut into profits and unions across the globe push for more benefits.

Carriers such as Emirates and Australia’s Qantas Airways have poured resources into hiring, but struggled in recent months to use their jets as often as their business plans dictate because of training bottlenecks.

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