{"id":642,"date":"2008-04-24T09:55:00","date_gmt":"2008-04-24T09:55:00","guid":{"rendered":"https:\/\/indianaviationnews.net\/avicareers\/?p=642"},"modified":"2008-04-24T09:55:00","modified_gmt":"2008-04-24T09:55:00","slug":"aircraft-pilots-now-come-cheap","status":"publish","type":"post","link":"https:\/\/www.indianaviationnews.net\/careers\/2008\/04\/aircraft-pilots-now-come-cheap.html","title":{"rendered":"Aircraft, pilots now come cheap"},"content":{"rendered":"<p><span style=\"color: rgb(153, 0, 0);\">New Delhi:<\/span> The recent bankruptcy of four global airlines in the US and Hong Kong has turned out to be a bonanza for Indian private carriers looking for aircraft at low prices and experienced pilots.<br \/>Low fares, high capital costs and high pilot salaries have driven most Indian carriers into the red. The bankruptcy cases abroad, industry insiders said, are a good opportunity for them to reduce their losses with some inexpensive acquisitions.<br \/>Budget carrier SpiceJet has decided to hire at least ten flight commanders from these airlines, who suddenly find themselves with no work to do.<br \/>Over the last two months, three US airlines \u00e2\u20ac\u201d Skybus, Aloha and ATA \u00e2\u20ac\u201d and Hong Kong-based Oasis have gone bankrupt and downed shutters on their operations. Another US carrier, Frontier, is learnt to have recently filed for bankruptcy. Most of them are no-frills low-cost carriers.<br \/>SpiceJet Chairman Siddhanta Sharma said this was a good opportunity to grab some experienced commanders. &#8220;We expect that 50-60 pilots might be available (from the ones which are closing down), of which we plan to induct ten. At a time when the industry is so short of experienced commanders, a good supply of these pilots from any source is always welcome,&#8221; said Sharma.<br \/>Company executives said that at a time when pilot salaries are shooting through the roof, it might be possible to induct these pilots at contracts less than their usual salaries.<br \/><span style=\"color: rgb(153, 0, 0);\">24\/04\/08 Anirban Chowdhury \/Business Standard<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: The recent bankruptcy of four global airlines in the US and Hong Kong has turned out to be<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-642","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/posts\/642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/comments?post=642"}],"version-history":[{"count":0,"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/posts\/642\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/media?parent=642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/categories?post=642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/tags?post=642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}