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Forecasting Demand for Civilian Pilots
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The purpose of this research was to create a model that could potentially predict demand for military trained pilots in the airline industry. Specifically, this thesis sought to answer the research question addressing whether or not military trained pilots are currently more in demand or less in demand. The research questions were answered through a comprehensive literature review, collection of data relevant to airline industry growth, and regression analysis. The Aviation Continuation Pay Bonus, offered to all eligible Air Force aviators, has risen from $12,000/year to its current value of $25,000/year. With shrinking budgets, and ever increasing costs of war, it remains important to implement cost savings measures wherever possible.
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