Fractionals To Start Hiring More Pilots

Fractional ownerships, that is companies that get tax preference for purchasing a portion of flight time in a business jet is growing fast. Companies are buying GulfStreams, Challengers, Cessnas, and others as airlines fall to government intervention.

Business has to keep rolling even in this economy. But, the Federal Government has levied fines against the airlines of thousands of dollars per passenger when they are stuck on the tarmac for over three hours. So, what is the airlines solution? Massive cancellations that's what.

We watched the first salvo this winter when the northeast got clobbered with snow. But, instead of trudging along trying to get as many aircraft, crews and passengers to their destinations the entire flight schedule was canceled in many cases. People were left stranded in airports for days, literally.

So, pilots are going to be needed to fill this market for sure adding to the decline of qualified pilots in the first place. If you are looking to get into aviation, this is a place to start. 


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