RPT-AIRSHOW-Airlines, flight schools try to lure pilots with cheaper - or free - training [Reuters]
CAE Inc. Ordinary Shares (CAE)
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Source: Reuters
RPT-AIRSHOW-Airlines, flight schools try to lure pilots with cheaper - or free - training | Reuters Reuters Staff 6 Min Read (Adds editor information; no change to text) * Pilots say burden on cadets to pay own way has hit enrolment * Airlines have started rolling out programs to address issue * But efforts unlikely to solve shortage anytime soon By Brenda Goh SINGAPORE, Feb 9 (Reuters) - In 2014, Danny Perna found himself caught up in the global shortage of pilots that has vexed airlines from China to the United States. For the first time in 15 years, the founder of Epic Flight Academy in Florida couldn’t find enough trained U.S. pilots to be flight instructors at his school. Offering sign-on bonuses of up to $10,000 did not help, he said. Eventually they decided to advertise a sponsorship programme to partially fund pilot cadets’ training. “Basically once we started to fund training then it satisfied the pilot shortage,” he told Reuters by phone from Florida. Newly trained U.S. pilo
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CAE
Earnings
- 2/14/24 - Beat
CAE
Sec Filings
- 2/14/24 - Form 6-K
- 2/13/24 - Form SC
- 2/13/24 - Form SC
- CAE's page on the SEC website