Originally Posted by
Excargodog
Yeah and an asteroid might destroy the dominant life forms on the plane too, just ask the dinosaurs. But that wasn’t what some of us were saying that some of you thought “laughable,” What we were saying was:
1. The effect of 65-67 (if it were even to occur) would be substantially less than the effect of 60-65.
2. In the event of an economic downturn management would try to mitigate their furloughs by offering early retirement to the oldest pilots, like they did for COVID.
No one was claiming that there isn’t variability in the prospects of an airline career (or any other) because of even normal variability far less black swan events.
Paying large sums to get guys to retire that would have already been legally retired. GENIUS!
Covid caught the airlines by surprise. They didn’t know what to do. It will be furloughs next time, or early out packages.