Originally Posted by
Tropical
Funny how every time the banks start failing and the economy is about to crash, they raise the retirement age and give us a 1-2 punch.
I feel like I've seen this movie before.
The legacy carriers have already hired for retirements and the covid travel bubble which is about to burst. If this passes, expect mass furloughs with 2 years on the street. Many pilots will no longer be needed until retirements pick up again.
That assumes, incorrectly imoho, that the great majority of pilots nearing retirement decide to hang on until 67. Some will. Between essentially being medically retired on LTD, Pilot’s who’ve had enough and pilots who have enough I don’t see it being anywhere near a majority.