Pilot shortage on Texas’ horizon

As airlines predict their most profitable summer ever — and Austin-Bergstrom International Airport continues to break passenger records — a massive pilot shortage could mean sky-high prices and more flight cancellations for customers. Why it matters: The U.S. is forecast to lose about half its pilots to retirement in the next 15 years, according to ABC News. Fort Worth-based American Airlines expects more than one-third of its 15,000 pilots to retire in the next seven years. Fewer pilots will mean fewer flights, which will likely lead to fare spikes. What’s happening: Thousands of pilots chose early retirement at the beginning…

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