You guys have to remember, Age 65 did not just push all these retirements back 5 years. Yes, that was one of the major effects. However, the other major effect of Age 65 was requiring airlines to hire fewer pilots over many years because each pilot would spend more years working at the company.

Lets say a pilot was hired at an airline at age 40. Before Age 65, he would have 20 years of flying. Now with age 65, he will have 25 years of flying. That means that for every 40 year old new hire, airlines will need to hire about 25% less pilots than before.

It just amazes me that some of the worst aspects of being a pilot have come from our own group! We had a choice to keep it at Age 60, and we decided against it. One of the dumbest decisions ever made. It might rank up there with allowing 50+ seat RJ's into scope...