Simulator and training specialist CAE hopes that the increasing use of student assessment data will help persuade lenders to provide prospective pilots the funding they need to undertake the training. The estimated $150,000 cost of training to become a commercial pilot puts the schooling out of reach for many potential students. About 300,000 new commercial pilots will be required worldwide over the next decade, according to CAE. “My argument is that we have to find channels for ...

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