U.S. Airlines Tap Army Helicopter Pilots To Ease Shortage

Shaun Perez, a pilot from the U.S. Army, spent almost 10 Hours flying an Apache helicopter over Afghanistan. He provided gun cover for soldiers of Special Forces on the ground as they searched for guns, high-value targets, and weapons. Coming back to his base at sunrise, he took a new uniform before taking himself into a tiny room to protect the subsequent stage of his career, as a commercial airline pilot.

Perez would get the job in an interview in August 2017, same as numerous other pilots of the U.S. military helicopter, who received eye-catching offers from the regional airlines attempting to ease a worldwide pilot dearth. Perez took benefit of one of the tightest labor markets in the U.S. This situation has arrived due to years of sluggish hiring, a wave of awaiting retirements at key U.S. airlines, and Federal Aviation Administration policies that in 2013 enlarged the number of needed training hours from 250 to 1,500.

On a similar note, Delta Air Lines (DAL) is said to be the foremost major airline to report profits this year. The firm presented a sight on the impact of the U.S. Government blackout on the industry. It cited a $25 Million hit to profits in Q1, which works out to approximately a 25 Bp cut to unit income. Bank of America Merrill Lynch (BAML) presented the analysis of Delta’s recent update. The BAML analyst team warned that, while the blackout should be resolved in due course, and the effect would be one-time in nature, the near term effect might prove more significant than the $25 Million cited, growing the near term income risk to DAL as well as other carriers.

Reportedly, the recent government shutdown has affected numerous other airlines as well. It includes Mesa Air, American Airlines, United Continental, Spirit Airlines, Southwest Airlines, Hawaiian Holding, Alaska Air Group, SkyWest, and Allegiant Travel as earnings period rolls along.

Author: Hiren Sam