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Ing to research done by aviation advocacy groups such as the Aircraft Owners and Pilots Association, the National Association of Flight Instructors, and the Society of Aviation and Flight Educators, the dropout rate for learner pilots is around 80 percent.
Job Outlook Overall employment of airline and commercial pilots is projected to grow 4 percent from 2022 to 2032, about as fast as the average for all occupations. About 16,800 openings for airline and commercial pilots are projected each year, on average, over the decade.
In a 2021 survey, 62 percent of pilots globally were employed and flew aircraft in this period, up from 43 percent during the 2020 survey. 20 percent of individuals were left unemployed, with a further six percent of pilots furloughed in the same period.
The best companies for airline pilots to work for in 2023 are SkyWest Airlines and Piedmont Airlines. If you are looking for the best-paying companies for airline pilots, you should consider Spirit Airlines with a median airline pilot salary of $90,994 or SkyWest Airlines with a median salary of $90,907.
FAPA projects about 13,500 pilots will be hired by year end, making 2022 the best year on record for pilot hiring. The record was previously set in 2021, with 5,426 pilots hired, numbers not seen since the year 2000.
The Pilot Survey 2022 found that only 62% of pilots remain in their job, and 20% are unemployed.
Challenging Career Path Most airlines require 1,500 hours of experience before even considering a candidate. This can take several years to obtain, depending on the type of job you get initially. There are ways to fast-track your career, however, and no airline has the exact same hiring standards or process.
The Bureau of Labor Statistics projects 5.7% employment growth for pilots between 2021 and 2031. In that period, an estimated 7,700 jobs should open up. Pilots fly and operate aircraft like airplanes and helicopters for airlines, private corporations, law enforcement agencies and the military.