Legacy Airline Pilot Retirements Statistics
#41
Gets Weekend Reserve
Joined APC: Jul 2007
Posts: 3,763
Wow no kidding... and by 2050, everyone on this board will either be dead or retired. Just think of the hiring.
#42
Gets Weekends Off
Joined APC: Apr 2007
Posts: 264
National Seniority List
Let me preface this by saying I don't really know anything about it, but what if there was a national seniority list that could only be used by pilots who were furloughed or whose airline went under. That would prevent people from getting hired at an airline, and then just switching to another airline for better pay/QOL, and jumping people already in the company. That would offer some protection/security for all pilots, especially in their 40's and 50's and watching their company fold. Just a thought...I am not in the airlines, but would like to be some day, and I think I would like that security...obviously would still have to be interviewed/hired at another airline.
#43
Let me preface this by saying I don't really know anything about it, but what if there was a national seniority list that could only be used by pilots who were furloughed or whose airline went under. That would prevent people from getting hired at an airline, and then just switching to another airline for better pay/QOL, and jumping people already in the company. That would offer some protection/security for all pilots, especially in their 40's and 50's and watching their company fold. Just a thought...I am not in the airlines, but would like to be some day, and I think I would like that security...obviously would still have to be interviewed/hired at another airline.
The national list would not prevent pilots from switching carriers and jumping ahead but allow it.
Be careful what you wish for. Let's say CAL is hiring. Why would they hire a pilot who will step on the property at the 15 year point and hold captain? They won't. They'll hire the new guy who comes in at year zero and FO pay. Only way around it is to take all hiring decisions away from mgt. That ain't happening.
#44
Be careful what you wish for. Let's say CAL is hiring. Why would they hire a pilot who will step on the property at the 15 year point and hold captain? They won't. They'll hire the new guy who comes in at year zero and FO pay. Only way around it is to take all hiring decisions away from mgt. That ain't happening.
Think of this (or any similar "portable seniority" system) as career insurance. Costs you a little in the short run, but in the end, if you need it, its worth every penny and then some. And if you never need it, well, you won't mind having paid a bit for that peace of mind.
#46
Okay...say we implement this. What do you tell the guys who start a new airline (this is a free, capitalist country--at least for now...) who take a risk and work their butts off getting the airline off the ground. After 5-10 years, the company takes off and starts doing very well. It becomes "the" place to work for QoL, pay, benefits, etc., and they are hiring like gangbusters.
Does the 15 year pilot from another carrier now jump the ENTIRE list and start bidding number 1 in the system? REALLY? Are you really suggesting that?
Does the 15 year pilot from another carrier now jump the ENTIRE list and start bidding number 1 in the system? REALLY? Are you really suggesting that?
#47
In 2012 retirements will not kick in at UPS because the 65 year old pilots already realized that the age of 65 is discrimination. They will force an age change to 70. If anyone dare stand up to them they will scream about capitalism, entitlements and seniority.
Just prior to 2017 when you think retirements will accelerate, an old crusty geezer, Larry King, who surely isn't dead yet, will point out that we don't want to lose our most qualified captains at 70, it just isn't fair, besides it's a seniority system and the "new" financial meltdown left them with no retirement, so it's bumped to 75. 70 after all is discrimination.
Just prior to 2022, our fiat money, fractional reserve system collapses completely and the world enters it's 2nd depression in 15 years. Our beloved elder Captains, at least the bottom half, fight over first officer positions that remain. They were still fully vested in the stock market, just trying to line up a few more ducks...when the SEC shut the doors. They lost everything. How can they possibly retire? Besides 75 is discrimination. The youngest pilot is now 65... the new 40.
Getting close to 2027, geezer pilots start to die off in the cockpit. Accidents rise and finally, finally the door is open for a safer form of travel. The UAV era has arrived!
Sorry for the negativity, I just got my furlough notice last week...
Just prior to 2017 when you think retirements will accelerate, an old crusty geezer, Larry King, who surely isn't dead yet, will point out that we don't want to lose our most qualified captains at 70, it just isn't fair, besides it's a seniority system and the "new" financial meltdown left them with no retirement, so it's bumped to 75. 70 after all is discrimination.
Just prior to 2022, our fiat money, fractional reserve system collapses completely and the world enters it's 2nd depression in 15 years. Our beloved elder Captains, at least the bottom half, fight over first officer positions that remain. They were still fully vested in the stock market, just trying to line up a few more ducks...when the SEC shut the doors. They lost everything. How can they possibly retire? Besides 75 is discrimination. The youngest pilot is now 65... the new 40.
Getting close to 2027, geezer pilots start to die off in the cockpit. Accidents rise and finally, finally the door is open for a safer form of travel. The UAV era has arrived!
Sorry for the negativity, I just got my furlough notice last week...
#48
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.
#49
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!!
#50
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.
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