| ext">A few years ago opting to become a pilot was | | | | Scottish airline most of its crew including the pilots |
| one of the best career decisions to make as it offered | | | | were left stranded across the globe! This incident |
| both prestige and money. However, over the few | | | | along with several others has caused a relative fear |
| years the lull in the aviation industry at large has | | | | of joining an airline in any capacity. |
| caused the entire framework of lucrative jobs to | | | | The Jet Airways cutbacks that were splashed all over |
| come crashing down. The high flying career of a pilot | | | | the papers and shown on all news channels across |
| has come to a halt and is no longer as cushy as it | | | | India had created quite a flutter amongst aspiring pilots. |
| once was. | | | | Many students who thought of joining ranks with the |
| In India a number of aviation academies had cropped | | | | other successful pilots are now opting to go for an |
| up to train aspiring pilots but the drastic economic shift, | | | | MBA. Considering the cost of becoming a pilot that |
| the rising oil prices and the reduction of expansion | | | | runs up to a hefty 20 Lakhs or more in India, many are |
| services of aviation companies has caused a huge | | | | choosing to go for professional courses that offer |
| downturn in the number of students opting to become | | | | greater stability than that offered in the world of |
| a pilot. A few years back the aviation industry in India | | | | aviation. |
| was touching a new high and a number of private | | | | The sudden closures, cutbacks, retrenchments, salary |
| airlines like Indigo Air, Jet Airways, Kingfisher Airlines, | | | | cuts along with no-new-hiring policy have left many in |
| Deccan Air and Spice Jet among others were offering | | | | the lurch. There are at least 5000 if not more |
| connecting flights to most of the major cities of India. In | | | | unemployed pilots in India who are now looking for jobs |
| a span of four years the apparent ebb in the industry | | | | in cargo, private charter planes and even joining regular |
| not only caused the industry to cut back on the | | | | offices. |
| number of flights but also forced them to reduce the | | | | But if analytical reports are to be believed the aviation |
| number of pilots as well as their pay checks. | | | | industry is going to rise once again. Rise and fall are a |
| This phenomenon was not secluded to India alone and | | | | very natural order of things. The worst time for the |
| was seen in airline companies around the globe. Take | | | | Indian aviation industry was in 2008-2009. But the |
| for instance the catastrophic closure of the Scottish | | | | strong support of the government, private |
| airline FlyGlobespan that shut down in one night! The | | | | entrepreneurs and the rising economy is going to have |
| heavy debts and the repeated losses caused the | | | | a very positive impact on the industry this year. |
| airline to shut down. Due to the sudden closure of this | | | | |