Originally Posted by
OhSnapAF
Well said. Nobody is immune to the next recession. The ONLY saving grace is age 65. The amount of attrition at the top could easily translate into furloughing at the top. Outlook wise, the airline industry is in a very good spot. There will be a bit more consolidation but look at how many airlines have been absorbed in the last 10-15 years. Dozens of airlines are gone and or merged but the demand for flying is high and growing, and everyone is at capacity. But it is all good until it isn't.
Another area where Part 121 is light years ahead of us. In what parallel universe is it a good idea to have 75 year old chowderheads flying customers for hire?
60 was certainly too young. 65 might even be too young given the advances in fitness, nutrition, and medical technology. 67 seems about right.
But the people that apologize for NetJets missing the mark on contract improvements are frequently the same people who claim mandatory retirement is “arbitrary.” What is no longer “arbitrary?” 78? 91? 103?