Retirement age 67
05-21-2022 | 09:35 AM
#251
Prime Minister/Moderator
Joined: Jan 2006
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From: Engines Turn or People Swim
A young-ish pilot who gets hired atbig three/FDX today will QUICKLY advance to very high seniority as a NB FO or decent seniority as a NB CA and then have a very lucrative and comfortable existence for many decades to come. You don't need an indefinite run of massive retirements, just enough to get YOU to a good spot where you can happily hang out for the long term. As opposed to languishing at the regionals and/or furloughs for a couple decades.
While the retirements slow down a bit later in the decade, they'll actually still continue at a pretty good clip (by historical standards) well into the 2030's.
05-21-2022 | 09:43 AM
#252
Gets Weekends Off
Joined: Jul 2021
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And it's still going to happen, even if it takes a 2-3 year delay (I'm confident they won't go beyond 68 and even if they did there would be so few takers it would be irrelevant).
A young-ish pilot who gets hired atbig three/FDX today will QUICKLY advance to very high seniority as a NB FO or decent seniority as a NB CA and then have a very lucrative and comfortable existence for many decades to come. You don't need an indefinite run of massive retirements, just enough to get YOU to a good spot where you can happily hang out for the long term. As opposed to languishing at the regionals and/or furloughs for a couple decades.
While the retirements slow down a bit later in the decade, they'll actually still continue at a pretty good clip (by historical standards) well into the 2030's.
A young-ish pilot who gets hired atbig three/FDX today will QUICKLY advance to very high seniority as a NB FO or decent seniority as a NB CA and then have a very lucrative and comfortable existence for many decades to come. You don't need an indefinite run of massive retirements, just enough to get YOU to a good spot where you can happily hang out for the long term. As opposed to languishing at the regionals and/or furloughs for a couple decades.
While the retirements slow down a bit later in the decade, they'll actually still continue at a pretty good clip (by historical standards) well into the 2030's.
05-21-2022 | 09:54 AM
#253
Prime Minister/Moderator
Joined: Jan 2006
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From: Engines Turn or People Swim
Nope. It won’t be a 2-3 year delay and it won’t fix the problem. 60 to 65 screwed me for over 10 years not five because other economic factors happened at the same time. And guess what here we are again. Didn’t fix the problem. Kicked the can down the road. Yet my progression was delayed 10years.
There will always be "other factors" to one degree or another.
The 2008 recession was not caused by airline pilots over the age of 60, correlation is not necessarily causation
05-21-2022 | 10:09 AM
#254
Doing One Pilot's Job
Joined: Sep 2005
Posts: 7,886
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Originally Posted by rickair7777
A young-ish pilot who gets hired atbig three/FDX today will QUICKLY advance to very high seniority as a NB FO or decent seniority as a NB CA and then have a very lucrative and comfortable existence for many decades to come.
“Today” stops for a massive number of regional, military and bizav pilots if people stop leaving off the top of the list, even if for “only” 2-3 years. And for those junior pilots who squeak onto the list, 2-3 years of relative stagnation.
Mandatory airline retirements are THE singular reason for the industry’s dynamic movement and career progression. They are the rising tide that are lifting all ships across all segments of industry.
05-21-2022 | 10:11 AM
#255
Gets Weekends Off
Joined: Jul 2021
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But that was not caused by age 65, as you say, other factors. Age 65 resulted in a career delay of somewhere between 3-4 ish years (not everybody stayed to 65).
There will always be "other factors" to one degree or another.
The 2008 recession was not caused by airline pilots over the age of 60, correlation is not necessarily causation
There will always be "other factors" to one degree or another.
The 2008 recession was not caused by airline pilots over the age of 60, correlation is not necessarily causation
05-21-2022 | 10:53 AM
#256
Prime Minister/Moderator
Joined: Jan 2006
Posts: 45,114
Likes: 794
From: Engines Turn or People Swim
It's not up to me. Sounds like at least some of the unions are advocating for status quo, so that's good.
05-21-2022 | 10:55 AM
#257
Prime Minister/Moderator
Joined: Jan 2006
Posts: 45,114
Likes: 794
From: Engines Turn or People Swim
The key word there is “today”.
“Today” stops for a massive number of regional, military and bizav pilots if people stop leaving off the top of the list, even if for “only” 2-3 years. And for those junior pilots who squeak onto the list, 2-3 years of relative stagnation.
Mandatory airline retirements are THE singular reason for the industry’s dynamic movement and career progression. They are the rising tide that are lifting all ships across all segments of industry.
“Today” stops for a massive number of regional, military and bizav pilots if people stop leaving off the top of the list, even if for “only” 2-3 years. And for those junior pilots who squeak onto the list, 2-3 years of relative stagnation.
Mandatory airline retirements are THE singular reason for the industry’s dynamic movement and career progression. They are the rising tide that are lifting all ships across all segments of industry.
05-21-2022 | 11:08 AM
#259
Gets Weekends Off
Joined: Jul 2021
Posts: 1,035
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Older gens think sure a younger person can recover or wait out a pause but life doesn’t go on pause while your career does. Decisions get made and pilots leave from the bottom and cut their losses
05-21-2022 | 11:46 AM
#260
Line Holder
Joined: Oct 2015
Posts: 844
Likes: 85
Saying that won’t happen again sounds like Doug Parker saying the airlines won’t lose money again.
There are waves in aviation. Nothing is assured and today’s predictions are meaningless. Not to mention that some of these waves are already on the back end.
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