What am I missing?
I know this topic has been discussed many times. Either I'm missing something or the magnitude is being underestimated. I'm talking about age 65 retirements. Using data easily found on APC I turned up the following combined retirement numbers just for American, Delta, USAirways, UAL and Southwest:
2012 64
2013 937
2014 1,198
2015 1,309
2016 1,423
2017 1,558
2018 1,670
2019 1,881
2020 2,104
2021 2,447
2022 2,276
2023 2,363
2024 2,400
2025 2,348
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TOTAL 23,978
There are currently 50,350 pilots total at said companies. So in the next 13 years nearly 50% of these pilots are scheduled to retire. Given the flight from the industry, decades low number of commercial pilot certificates being issued and higher retention of military pilots how are regional airlines to going to staff their companies?
Am I missing something?