Pilot Shortage Spurs Hiring Spree

Anticipating a wave of retirements, airlines are increasing salaries and benefits to attract and replenish staff

Airlines are boosting salaries and setting up training centers to combat what is projected to be one of the biggest-ever pilot shortfalls.

The dearth of pilots has long been forecast, but it is only now that airlines are being forced to act. Boeing Co. estimates that airlines around the world will need to recruit 635,000 pilots over the next two decades to fly the record number of planes being built and to replace the thousands of aviators expected to retire during that span.

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