This forecast has been shared by Boeing and Airbus, who are considered to be the aircraft manufacturing giants. It’s not a myth, but a reality.
More people are taking up air travel, airline fleet are expanding, and new routes are created as never before. But pilots entering the profession is not matching the expansion.
If we look at the breakdown of the needs by Region Asia Pacific needs the most number of pilots the number being 248,000. Then Europe 112,000 ; North America 104,000 ; middle East 58,000 ; Latin America 51,000 ; CIS 22,000 ; Africa 22,000.
According to an article by Ian Seager in Flyer magazine (Feb 2015) there are approximately 130,000 commercial pilots of which 4000 are females. In 2035 the world needs 617,000 Pilots.
The number of aircraft in service is estimated as 23,620. The Boeing predicts the world would need another 39,600 planes by 2030 making the total to 63,220. According to IATA there are approximately 4 billion passengers travelling by air in a year. This will be in the increase.
When you put all together the need of pilots is inevitable. But there are many factors that are preventing people from selecting the career. The top three reasons quoted by US aspiring pilots for avoiding Pilot career are, cost of flight training and certification, low pay at regional carriers and the 2013 regulatory change that mandated a six fold increase in flight hours required by First Officers.