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  1. Business aviation
  2. ANALYSIS: Ten aerospace trends in the decade since Flight hit
  3. Accessibility links
  4. Game Theory: The Developer's Dilemma, Boeing vs. Airbus

It grew at a CAGR of Domestic passenger traffic grew YoY by International passenger grew YoY by In FY18, domestic freight traffic stood at 1, Out of which domestic passenger traffic stood at Total freight traffic handled in India stood at 3. In FY19, domestic aircraft movement stood at 2.

To cater to the rising air traffic, the Government of India has been working towards increasing the number of airports. As of March , India has operational airports. India has envisaged increasing the number of operational airports to by FY Further, the rising demand in the sector has pushed the number of airplanes operating in the sector.

Off-Market Private Jets

As of July , there were nearly aircraft being operated by scheduled airline operators in India. The number of airplanes is expected to grow to 1, planes by The government has per cent FDI under automatic route in scheduled air transport service, regional air transport service and domestic scheduled passenger airline.

These pilots have to work flexible hours to meet on-demand schedules. And over the next 20 years, [commercial] passengers are going to double. Private travel is growing probably at a faster rate than commercial travel is growing. Compounding this issue is that airlines have been forced to seek people with higher levels of experience. The 1,hour rule , which went into effect in the U.

The rule also requires that ATP pilots earn an additional 1, flight hours before they qualify to serve as captains. The regulation originated in part as a safety measure, because of the Colgan Air crash in and a Congressional mandate that followed, but the rule, while well-intentioned, has made the pilot shortage more severe. Airlines have been stealing pilots from the private jet industries with higher salaries and free flights. It has gotten to be very competitive.

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Business aviation

But the pilot crisis is not a U. Like aviation, it is global. Qualified pilots are in demand around the world.

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Growth markets, like Asia-Pacific and the Middle East, are offering pilots attractive packages that include covering some costs of living. Boeing Pilot Demand Global Projections. After you do it for three or four years, you need to get back to whatever it is that you miss. Ryanair has been confronted by a number of pilot issues over the past two years, some attributed to the scheduling of holiday breaks, but in the interim its pilots have become unionized and are taking industrial action, demanding better working contracts and forcing the airline to cancel flights and reconsider the fleet.

Ryanair has said that competition for pilots from rival airlines has made matters worse. There is no adequate plan B for when the retirement age comes into effect—anywhere from depending on the region—taking a large number of qualified pilots out of the global pool. Many new pilots have been recruited from the military.

ANALYSIS: Ten aerospace trends in the decade since Flight hit

These pilots are considered to have excellent qualifications because of their high-stress training in the field. But even the military is having trouble recruiting new pilots and keeping the ones they have. Seidel, a former Navy pilot himself, believes that private jet operators could benefit from a softening of the hourly requirements for private aviation First Officers that would allow experienced military pilots to qualify though they may have accrued fewer flight hours.

Regional aviation has been training ground for commercial airline pilots, an opportunity to build up their flight hours and qualify for jobs in the larger airline fleet, but low pay at regional airlines has proven a disincentive for new recruits over the past twenty years.

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The tight contracts legacy airlines offer feeder regional carriers makes paying higher pilot salaries financially devastating for regionals. A collapse of regionals will only broaden the gap of underserved routes in the heartland of the U.

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  • That gap has led to higher demand for private aviation, Seidel says. Companies based nearer to private airports have invested in private jets to help their executives fly more efficiently than driving miles to the nearest hub. But though airlines abandoned those routes, their demand for pilots puts private jet service to those city pairs at risk.

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    • There are a number of initiatives to recruit and train more pilots happening around the world. Airlines, like JetBlue , are offering employees an opportunity to train for the specific aircraft types they operate.

      Game Theory: The Developer's Dilemma, Boeing vs. Airbus

      While those training initiatives will help relieve the stress for those airlines, they will not immediately replace the missing pool. There is also an initiative to attract more women to the flight deck—an initiative that Seidel believes should have been set in motion long ago—but training new pilots takes time, entering the field is cost-prohibitive to some women candidates, and accruing the experience hours to fly also takes time. New technologies, including AI-enabled automation, might relieve demand, perhaps down to one pilot in the flight deck, but those technologies are more than a decade away from ready.

      Seidel believes that there will need to be a combination of higher incentives for pilots to stay, a relaxing of the rules which would allow for a higher retirement age, and lower flight hour requirements to qualify.