Jet lost a hundred pilots to SpiceJet. https://www.moneycontrol.com/news/busin ... 1.html/amp
I read somewhere else over 400 pilots have left Jet. Sorry I forgot to grab the link.
What is being bid on? This certainly seems like a pig in a poke. For modern business communication is key.
And how many planes needed from this troubled airline into Spicejet after hiring employees from that troubled airline?
We know they are taking 22 738 and 5 ATR quickly, plus 2 more ATR later in the summer. Sometime this year the MAX will fly again.
100 pilots is enough for only 7+ aircraft. They would have some slack from the MAX grounding. However, I see a need for SpiceJet to hire 100 to 200 more pilots before the MAXes fly again. Judging from their press releases, they are trying to (preference in hiring to Jet employees...). The MAXes will need another 300 to 400 pilots in 2019 for SpiceJet.
So doing the math, 1700 Jet pilots at the peak (1600 at failure).
400 already have new jobs.
SpiceJet needs 500 to 600 more 737 pilots in 2019.
Indigo needs 400 to 600 more pilots just by end of summer. Another 100+ in fall/winter.
EK needs pilots, probably 100+.
Then Vistara and AirAsia (India) also need 100+ pilots (more?).
I have my assumptions on Indian cadet programs and rate they can promote to Captain. With those assumptions, India will be back to a pilot shortage in the late fall. Personally, the year notice rule must be abandoned, it is brutally unfair. I can see 3 months of notice, a la doctors. But 12 months? :no:
Leasing companies and banks are scrambling to place Jet's aircraft. While many will leave India, it looks like we are on track to have at least 32 remain.
I'm more worried about a global aircraft surplus than shortage.
787 at 168 per year.
A350 at 105+ per year
777 temporarily down, but I am a fan of the 779
A330 production will remain low.
A320 production growing to ~700/year (I refuse to quote monthly as total <12*monthly)
737 production also growing (paused, but it shall grow). 630+ per year.
A220 factory progressing for a significant line bump by 2020. We'll see 100+ per year.
Embraer can produce far more E2.
China will force C919 adoption.
Russia will mandate MC-21 adoption.
This makes for a tougher resale market for prior generation aircraft. Oh wait, this always happens; it has just been longer than typical, so people have forgotten.
So I do not worry about Jet's competitors finding aircraft.
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