You sell your house and hunker down with gold, bad times are always followed by good times, and the worse the bad times are the better the g good times will be.
'Boeing forecasts a need for 466,650 new pilots and 596,500 maintenance personnel to enter the industry over the next 20 years. According to a crew assessment forecast from Boeing, Airlines will need an average of 23,300 new pilots and 30,000 new maintenance personnel per year from 2010 to 2029. These are the numbers the industry needs to produce just to replace those who will retire, plus the additional numbers needed to fly and maintain the much larger world fleet.
Boeing Training & Flight Services CCO Roei Ganzarski said, "When you add up all the numbers, you quickly understand the issues facing this industry. Our challenge is adapting our training to engage the future generation of people who will fly and maintain the more than 30,000 airplanes that will be delivered by 2029." '
