Detailed text transcripts for TV channel - FOXNEWS - 20121113:00:42:00
>> shepard: nation's airlines facing what appears to be the first pilot shortage in 50 years according to the "wall street journal" which our parent company owns. journal sites several reasons behind the expected struggle to fill the cockpits including a new rule set to take effect next august it requires new pilots to have 1500 hours of flift experience. that's six times the minimum right now. and all that training is not cheap. keep in mind the average starting salary for a pilot is roughly 20,000 bucks at regional airlines. 36,000 at major airlines. this comes as the industry braces for a w...
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