Prepare yourselves… 2023 AEs
06-21-2023, 10:31 AM
#3151
Gets Weekends Off
Joined APC: Sep 2016
Posts: 6,843
lots of people will say they’ll leave early. Very few healthy pilots actually do
06-21-2023, 10:32 AM
#3152
Moderator
Joined APC: Jul 2006
Posts: 5,897
I'm not sure the relevant question is whether they stay or don't stay. I would think the more important metric would be, "What is the perceived impact".
Last time compared to this time......
You are talking 2 years not 5.
You are talking massive retirements vice paltry retirements
You are talking current massive hiring compared to virtually none before due to economic malaise.
You are talking great wages compared to 46% pay cuts.(pro and/or con...cuts both ways)
To me, the concer may be the same(stagnation) but it won't play out like last time. It would be more of a slowing of hiring and progression.... might not be the current "Full speed ahead", or "Flank speed ahead".... but more like " Half ahead, both engines"
Last time compared to this time......
You are talking 2 years not 5.
You are talking massive retirements vice paltry retirements
You are talking current massive hiring compared to virtually none before due to economic malaise.
You are talking great wages compared to 46% pay cuts.(pro and/or con...cuts both ways)
To me, the concer may be the same(stagnation) but it won't play out like last time. It would be more of a slowing of hiring and progression.... might not be the current "Full speed ahead", or "Flank speed ahead".... but more like " Half ahead, both engines"
The issue here is that you assume the junior folks will never face any headwinds. I don't know how you square that while pointing to all the bad times the older generation faced. Single pilot, cabatoge, WW3... If the last few years has taught us anything, it shows we have no idea what the future has in store. We were lucky the gov stepped in last time, who knows if they will again.
06-21-2023, 10:40 AM
#3153
Moderator
Joined APC: Jul 2006
Posts: 5,897
Met a captain on my deadhead the other day who was retiring in a couple months at 56. The guy was super healthy, flew domestic his entire career, happy as could be. I invest aggressively so that hopefully I can one day be like this. The thought of working until 67 makes me shudder!! (But if others want to, then go for it)
06-21-2023, 10:54 AM
#3154
Gets Weekends Off
Thread Starter
Joined APC: Apr 2020
Posts: 2,469
I always figured I’d retire the day I walk through my front door and say “yeah that’s enough”. 55, 64.5, don’t know. My goal is to be in the spot to retire anywhere above 55. If I can drop most stuff then woohoo. If it’s 75 hours a month, I’m out.
06-21-2023, 11:14 AM
#3155
Gets Weekends Off
Joined APC: Feb 2020
Posts: 457
This now causes me to reevaluate my plan is it worth to hang around another 2 years to get to the same place I would have otherwise been.
06-21-2023, 12:07 PM
#3156
Gets Weekends Off
Joined APC: Apr 2018
Posts: 3,258
Is it a money thing or a destination thing or a plane thing?
For those that say "enough is enough", even if you are delayed, you wouldn't have to work very long(coupla/few months) to be where your zenith would have taken you money wise. Especially with pay banding.(Which BTW helps the newer pilots much more than the more senior pilots).(Any college educated pilot could understand and acknowledge this as someone previously said)
06-21-2023, 12:08 PM
#3157
Gets Weekends Off
Joined APC: Apr 2018
Posts: 3,304
What's everyone's best guess on junior captain on this small AE? I my guess is a 2021 hire.
06-21-2023, 12:38 PM
#3159
Gets Weekends Off
Joined APC: Sep 2014
Posts: 5,018
What is your zenith?
Is it a money thing or a destination thing or a plane thing?
For those that say "enough is enough", even if you are delayed, you wouldn't have to work very long(coupla/few months) to be where your zenith would have taken you money wise. Especially with pay banding.(Which BTW helps the newer pilots much more than the more senior pilots).(Any college educated pilot could understand and acknowledge this as someone previously said)
Is it a money thing or a destination thing or a plane thing?
For those that say "enough is enough", even if you are delayed, you wouldn't have to work very long(coupla/few months) to be where your zenith would have taken you money wise. Especially with pay banding.(Which BTW helps the newer pilots much more than the more senior pilots).(Any college educated pilot could understand and acknowledge this as someone previously said)
I have a decent education. It’s not clear to me how pay banding is universally better for younger or newer pilots. That is, unless you’re of the school that believes any contractual benefit is weighted toward newbies who will have more time to exploit that benefit…which is simultaneously ridiculous and obvious.
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