Business View Magazine - January 2024

advance solutions that will immediately increase the pilot workforce and improve pilot training,” said Faye Malarkey Black, President & CEO of the Regional Airline Association. Currently, there are more than 400 regional aircraft parked throughout the country, and the remaining aircraft in service are being operated between 20- 40% less than their usual operation. This is having a devastating impact on airports across the country and has resulted in 310 airports in the contiguous United States, or 72 percent, losing on average, 26 percent of their flights. Fourteen airports have lost all their service and 41 airports have lost at least 50 percent of their service. From a state-by- state air service perspective, 39 of 50 states have less air service today than they did pre-pandemic. Additionally, comparing October 2019 departures to October 2023 schedules, large carriers have exited HUD AWARDS 28 MULTIFAMILY SUBSIDIZED PROPERTIES $18 MILLION FOR GREEN ENERGY RETROFITS, MODERNIZATION Source- raa.org, news editor, First Published 09, Jan, 2024 Today, the Regional Airline Association joined 66 other aviation stakeholders in encouraging the Senate Commerce, Science, and Transportation Committee to pass an FAA reauthorization bill that addresses the pilot shortage and improves and modernizes pilot training to enhance safety. “The pilot shortage is a devastating crisis and is resulting in hundreds of parked regional aircraft. However, regional airlines aren’t the only ones grappling with this crisis. Small communities across the country are dealing with the negative economic consequences of a loss of air service. Travelers are also facing higher airfare and loss of options, forcing them to drive to their destinations, which is a far less safe form of travel. Now is the time to act and RAA JOINS 66 AVIATION STAKEHOLDERS URGING THE SENATE COMMERCE COMMITTEE TO ADDRESS THE PILOT SHORTAGE 15 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 01 OPENING LINES