WSJ Article
It seems to me that many of the older pilots have already taken an early retirement in fear of losing it if they held on. Another thing to consider about the age 65 rule is that it effectively increases a pilots career at a major from an average of 20 to 25 years to 25 to 30 years. Assuming that the majors do not grow it most likely will result in a reduction in the total amount of pilots that a company needs to hire over a career by nearly 20%.
SkyHigh