Originally Posted by
Otterbox
Look at what age 60-65 plus a recession did to the industry last time around… The recession is here. Isom inc. are already talking about their plan to park airplanes and shrink the airline to future demand if it goes down in their latest earnings call Q&A session. Add a 2 year increase in retirement age on top of that if it happens… it may not end up being lost decade bad but there’s going to be a lot of folks stuck at regionals for 2 additional years on top of the 18+ months they got stuck during the Covid hiring freeze.
”Stuck” at regionals?
Right now there are FOs being hired from regionals by majors that in the past probably 40 years would have never been considered. Five years ago it was taking six years at a regional to make even make captain.
Most pilots that got into the industry in the last five years will easily have 35-40 year careers at majors. Completely ELIMINATING mandatory retirement would change that by six months on average. Less than 25% of those at 65 now would make it another two years. This would be an inconsequential blip in a long career.
Anyone worried about a few extra months or even years where they are obviously haven’t put in enough to know what perspective really is.