I would like to point out that the age 65 change will effect the job market for the duration. It is true that we have had to endure a 5 year hiatus while those 60 to 65 time out. However it is important to note that age 65 means that the average pilot has five additional years of work life ahead of them. As a result the airline industry needs fewer pilots since they can work longer.

By my calculations it is 13 to 20% fewer pilots. (Assuming that the average pilot is 35 at the time of hire at a major and can work until they are 65 versus 35 to age 60.)

No matter how you do the math it is a large and lasting change to future prospects.

Skyhigh