An Amendment was added to the latest FAA reauthorization. It establishes a $240 million slush fund to lower the cost of flight training and expand the pool of prospective candidates.
This is the key section:
Georgia Democratic Senator Raphael Warnock spearheaded this effort. “This is a long-term issue,” Warnock told Yahoo Finance. “We’re pulling from too short, too narrow a pool of applicants.” Yahoo titled the article, “Washington sets aside $240 million for pilot shortages as busy summer travel season starts.”
But it’s so much more.
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Flight schools and training groups will receive the funds, but how they will use the money is unclear.
Sen. Warnock, a Marxist, claims he is concerned about the pilot shortage and says the money is a long-term investment. “I’m making the business case for diversity,” Warnock told Yahoo. “It’s in our enlightened self-interest to find that talent and create a robust pipeline so that they can become pilots.” Congress had originally earmarked $120 million for flight training initiatives, but Warnock lobbied to double that and include provisions to promote diversity across all aviation careers.
It’s only a temporary situation that doesn’t require government. It requires the free market. Even Pete Buttigieg sees the improvement in staffing.
In a recent Yahoo Finance appearance, Transportation Secretary Pete Buttigieg warned that plenty of issues could lurk for travelers this summer but said pilot levels may be a bright spot.
“From my conversations with the sector, there’s been definite improvement in the availability of pilots,” he said. He cited increased pay as a factor bringing “real improvement.”
Emphasis added.
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