When Will It Be "Too Late" To Ride The Wave
#31
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Joined APC: Nov 2014
Position: E170 CA/LCA
Posts: 621
Can you expound on this?
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#32
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Joined APC: Jun 2015
Posts: 4,116
Unlike times past when a generational replacement was primarily with similar age (young) pilots....The age spread among pilots joining the majors is going to provide even the last one aboard some movement.
Even the long term plug at a major or ulcc has a considerably bright economic earnings forecast. The qol could be better....but it would still be a job that puts one near the top of wage earners. And in most cases provide genuine and secure retirement savings growth.
Even the long term plug at a major or ulcc has a considerably bright economic earnings forecast. The qol could be better....but it would still be a job that puts one near the top of wage earners. And in most cases provide genuine and secure retirement savings growth.
#33
It stops working if you go bust.......or the House goes bust. 😩
#34
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Joined APC: Apr 2011
Position: retired 767(dl)
Posts: 5,724
#35
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Joined APC: Feb 2007
Position: FO
Posts: 3,032
Nonsense. Case mortality with decent supportive care is less than 2%. The annual increase in worldwide population is 1.2%. Even if everyone in the world got it and we had no better treatment for it than we do now - HORRIBLE AS THAT WOULD BE - we would be back to status quo ante within two years. And the majors would still be retiring pilots at near record numbers.
It doesn’t have to be deadly to be disruptive to the economy. If factories and plants have to close due to quarantines or sick workers that will disrupt supply chains. Those workers aren’t pulling in paychecks so they, in turn, spend less.
#37
I get the sense that this time, in light of the lessons learned with SARs, governments will try to balance safety and the economy. An economic collapse is also bad for safety and public health, it's just not as immediate and obvious as the media reporting on an epidemic. Both Trump and Xi have (existential) motivation to not kill the global economy.
#38
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Joined APC: Aug 2007
Posts: 2,002
There should be a secondary and smaller wave after 2025, just not at the Legacies. Places like Southwest and some of the other Majors that currently have a younger pilot group. Subject to change with any merger activity.
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