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to smaller carriers. you get an airline like united continental which says they have to slash flights. to make matters worse, be senior pilot are hitting that mandatory retirement age of 65. and the cycle continues. now some regal carriers are raising wages and offering other incentives. but they have little room to play with here because it s the larger carriers that set ticket prices. others are actually removing seats from their planes so that they no longer meet the minimum for pilot requirements. industry experts say beyond that, it doesn t look like the matter will be resolved anytime soon. because neither of those rules are expected to be repealed or changed. the bright spot is for cargo flight. it s great for them because they re under different regulations. so training is different there. companies training those pilots are seeing a spike in business. martha. incredible. in some cases we re hearing that
shepard: how many pilots going to be needed in the next coming years? trace: well, they don t have exact numbers but i will put numbers on the screen. there are 96,000 commercial pilots in the united states. they will need 65,000 over the next eight years because of requirements and other things but the bottom number shows only 36,000 over the past eight years have actually passed the f.a.a. exam. but captain sullenberger says he thinks the pilot shortage thing is blown out of proportion just to lower pilot requirements. he says experience is key saying and i quote, until they have were more time, probably several thousand more hours they haven t seen that many cycles of the year, thunderstorms in the summer, the ice and the snow in the winter and he goes on to say it was experience that saved that plane that landed on the hudson. we should note that a lost u.s.