Compare forecasted employment trends for pilots

Assignment Help HR Management

Reference no: EM131086558

You have just been hired as a strategic HR consultant to Vertical Horizons, a regional airline that has hubs of operations in the three (3) states with the busiest airports. You have just returned from an introductory meeting with Vertical Horizon's management team in NYC where they asked you to attend an upcoming strategic management session in upstate New York. They would like you to assist them with a strategic issue relating to an impending shortage of airplane pilots. Coincidentally, on your return from the NYC meeting, your flight home was delayed by 4 hours due to the lack of an "available" co-pilot. They have read the 2014 Boeing Pilot and Technician Outlook report and want your help.

According to Boeing's 2014 Pilot and Technician Outlook report, there is a need for nearly 533,000 airline pilots over the next 20 years. While demand is expected to be the greatest in the Asia Pacific region, there is still likely to be demand in the US for pilots. Industry officials warn that a shortage looms because of several factors. The mandatory retirement age in the US for a pilot is 65 (extended from 60 in 2007) which means that many Vietnam Era veteran pilots are looking for retirement homes near golf courses. In addition, the FAA has imposed greater training requirements and longer rest periods between shifts for current employees. In addition, the economic downturn and the complication of airline mergers have caused problems for airlines attempting to hire and retain qualified pilots needed today and in the future. The profession is also facing difficulties attracting new entrants due to the time it takes to meet the entry training requirements, and the high cost of training at accredited flight schools. And the lure of foreign airlines could also help reduce the domestic supply of pilots.

The three (3) busiest airports in the United States are:

1) Hartsfield-Jackson Atlanta International Airport (ATL) - Atlanta, Georgia

2) O'Hare International Airport (ORD) - Chicago, Illinois

3) Los Angeles International Airport (LAX) - Los Angeles, California

Your assignment:

Prepare a report that you will share with Vertical Horizons that addresses the following:

- Research the severity of the predicted pilot shortage and the external labor market because the company is concerned about the availability of pilots in the future.

- Compare forecasted employment trends for pilots in the above states (with the busiest airports) with those of the entire United States. I suggest you reread Chapter 5 of your text for helpful resources.

- Develop an action plan to strategically address the impending pilot shortage in the industry. What are your suggestions for improving the quantity and quality of pilots over the next two (2) decades? Vertical Horizon's is considering discussing the issue at the next meeting of Airlines for America, the airline industry's trade group.

- Develop an action plan for Vertical Horizons to proactively address the situation for its own operations.

With a goal of saving trees:

-Single spaced, 12 point Times New Roman font

-No min/max on pages

Reference no: EM131086558

Questions Cloud

Write a paper about the economy of mexico : Write a paper about the economy of Mexico in the context of globalization. It should be properly footnoted, and it must follow a logical and consistent pattern. In writing this paper you are advised to follow one of the standard writing styles, e...

Lightbulbs and uses a weighted-average process costing : Living Lighting Ltd. is a manufacturer of lightbulbs and uses a weighted-average process costing system, with one production department. The following information has been gathered from an examination

Role of e-commerce in changing organizations design : 1. From the case study above, e-Bay is one of the only major Internet "pure plays" to consistently make a profit from its inception. And why has e-bay succeeded online when so many other companies have failed? 2. From the case study above, Describ..

Which rectangle measures total profit : which rectangle measures total profit?

Compare forecasted employment trends for pilots : Compare forecasted employment trends for pilots in the above states (with the busiest airports) with those of the entire United States. I suggest you reread Chapter 5 of your text for helpful resources.

Determining missing items in rate of return computation : Determining Missing Items in Rate of Return Computation. One item is omitted from each of the following computations of the rate of return on investment:

How much output will the monopoly produce at this price : What quantity will the monopoly produce and what price will the monopoly charge?

Research and select a relatively new company : Research and select a relatively new company. Explain the various methods of forecasting to develop an aggregate forecast. Explain which type of forecasting method the company should use and why.

What would be the effect on the following : If the Central Bank (Reserve Bank ofAustralia) bought $100 million of government securities from private sector money markets, other things being equal, what would be the effect on the following?

User Account

All Pages