CNBC: Geoff Murray On Regional Airlines Pilot Shortage Influencing Mainline Airlines Staffing

November 27, 2022

Oliver Wyman's analysis of the aviation crisis in North America forecasts that by the end of the decade there will be 29,000 pilots missing in the region. The report was adjusted in October to reflect the changing situation in the sector.

Geoff Murray, Partner on Oliver Wyman’s Global Aerospace sector, explains for CNBC the factors which influence the current situation: "We've rarely seen instances where a [major] airline will hire pilots from one of its non-affiliated regionals, and now that's becoming mainstream”, he comments. "It was more ruthless at the beginning of the year, but with the lower levels of regional flying now, it's become a little more civil."

Geoff Murray also mentions that regional airlines decreased their 50-seat flying, by 50% relative to pre-Covid. This is “at the expense of lower frequencies and fewer connection opportunities for travelers.”

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