Legacy Airline Pilot Retirements Statistics
02-25-2010 | 11:20 AM
#51
Gets Weekends Off
Joined: Dec 2009
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From: 737n/FO
I think it is somewhat foolish to think that pilots will actually be retiring at 65.
The truth is most of retirements will take place at 62-63.
As soon as the market starts recovering and mutual funds climbing, I think, we will see people calling it done.
The other side of the medal is medicals. Before age 65 change 20% of pilots ages 57-60 were losing medicals.
The truth is most of retirements will take place at 62-63.
As soon as the market starts recovering and mutual funds climbing, I think, we will see people calling it done.
The other side of the medal is medicals. Before age 65 change 20% of pilots ages 57-60 were losing medicals.
02-25-2010 | 11:22 AM
#52
No longer cares
Joined: Mar 2008
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From: 767er Captain
Hired at NWA in 2008 at 27, alot of luck, timing and sacrifice
all of those DAL numbers assume age 65, fact is the majority of the near term retirements are from the NWA side. A lot of those guys still have a pension left along with military retirements. The majority wont stay much past 62 if they continue past 60 at all. The movement is coming and it will be alot sooner than most think. Also a bunch of our early out guys havent even been allowed to leave yet so those numbers dont account for that either.
The more the merrier!!
all of those DAL numbers assume age 65, fact is the majority of the near term retirements are from the NWA side. A lot of those guys still have a pension left along with military retirements. The majority wont stay much past 62 if they continue past 60 at all. The movement is coming and it will be alot sooner than most think. Also a bunch of our early out guys havent even been allowed to leave yet so those numbers dont account for that either.
The more the merrier!!
02-25-2010 | 11:23 AM
#53
No longer cares
Joined: Mar 2008
Posts: 12,109
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From: 767er Captain
There was an earlier post that alot of pilots would retire before they hit 65. That is an awful assumption. I would enjoy these fat old guys gone yesterday, but... The problem is pilots in general are greedy and the economy has tanked. At good ole SWA trailways many old timers said they would leave at age 61-62 years of age when the new rule kicked in, but they are still on property. Seniority rules.
02-25-2010 | 03:46 PM
#54
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Joined: Apr 2008
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From: 767A
02-25-2010 | 05:45 PM
#55
Furloughed Again?!
Joined: Aug 2007
Posts: 4,950
Likes: 110
From: Boeing 737
I was hired at US Airways at 25 years old. Furloughed at 28.
Now i'm almost 37, i'm working at a corporate flight department where I'm happy but weary of what the future holds. Thought I had the brass ring at 25. Life happens. I'm always on the look out for my next job.
Now i'm almost 37, i'm working at a corporate flight department where I'm happy but weary of what the future holds. Thought I had the brass ring at 25. Life happens. I'm always on the look out for my next job.
08-30-2010 | 01:59 PM
#56
New Hire
Joined: Aug 2010
Posts: 1
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these numbers Are interesting, but nobody is talking about how much
legacy carriers are planning to downsize or how taxes are going up next year
which will stunt the economy (again) or how even a small terrorist attack
could put us in another spiral...... just sayin
legacy carriers are planning to downsize or how taxes are going up next year
which will stunt the economy (again) or how even a small terrorist attack
could put us in another spiral...... just sayin
08-30-2010 | 02:03 PM
#57
Moderator
Joined: Oct 2006
Posts: 13,088
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From: B757/767
Yawn. What else is new? It's easier to plan for advancement based on retirements as opposed to lack there of based on unpredictable acts of god, terrorism, etc.
08-30-2010 | 02:14 PM
#58
Gets Weekends Off
Joined: Feb 2007
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From: 765-A
08-30-2010 | 02:15 PM
#59
Line Holder
Joined: Jun 2008
Posts: 274
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Not for those of us a year or two away from hireable time. I don't think there will be a shortage but we will see some serious movement.
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