For the guys that have been in this industry a long time, I get it when they say pilot shortage is a myth and we will never see it. I mean theses guys have heard pilot shortage yet have seen mergers, downgrades, furloughs, 9/11, crappy economy etc. But isn't it kinda different this time with the retirements on the horizon? I mean unless they change the retirement age again, this is the first time so many of the so called baby boomers or Vietnam era pilots are set to retire. For the guys that have been in the industry, isn't this the first time in airline history that we are going to see these types of retirement numbers? Maybe it's just wishful thinking on my part because I am stuck on a sinking ship.
For the guys that have been in this industry a long time, I get it when they say pilot shortage is a myth and we will never see it. I mean theses guys have heard pilot shortage yet have seen mergers, downgrades, furloughs, 9/11, crappy economy etc. But isn't it kinda different this time with the retirements on the horizon? I mean unless they change the retirement age again, this is the first time so many of the so called baby boomers or Vietnam era pilots are set to retire. For the guys that have been in the industry, isn't this the first time in airline history that we are going to see these types of retirement numbers? Maybe it's just wishful thinking on my part because I am stuck on a sinking ship.
Keep in mind that most of the guys here who laugh at the idea have only been in the industry post-9/11. Derg and Richman are exceptions to this, of course. But I think some of it has to do with the definition that someone uses of "shortage." I would call what we had in 1999-2001 a shortage. Just about every regional pilot with 1,000 PIC who wanted to go to a major had at least one opportunity to do so. Many had multiple offers, in fact.
But, you forgot the third option for regional pilots with 1,000 PIC who wanted to go to a major in 1999-2001: those that never even got called for the interview despite multiple internal recommendations. We know lots of them too.
I'm sure they existed, but I sure didn't know them. At least not any who didn't have some sort of black mark on their record,
Well that was very nice of you--I'll run that one by DH and let you know what he says about that...
I'm not taking it personally; it's not me that you suggested had a black mark on my record...
For the guys that have been in this industry a long time, I get it when they say pilot shortage is a myth and we will never see it. I mean theses guys have heard pilot shortage yet have seen mergers, downgrades, furloughs, 9/11, crappy economy etc. But isn't it kinda different this time with the retirements on the horizon? I mean unless they change the retirement age again, this is the first time so many of the so called baby boomers or Vietnam era pilots are set to retire. For the guys that have been in the industry, isn't this the first time in airline history that we are going to see these types of retirement numbers? Maybe it's just wishful thinking on my part because I am stuck on a sinking ship.
A lot of people got a lot older during the last decade of stagnation at the majors. Once you hit 40+ the decision to try for a major or stay put gets a lot harder.
They already did. Less than the anticipated (advertised?) amount took it.
Offer free weenie wednesday and plan for 300-plus, but only 200 or so show up, no need in throwing another free weenie Wednesday.
Sent from my TRS-80
So for example then, (I'm assuming the payscales on APC are accurate) I'm a widebody captain, 62 yrs old flying int'l routes mostly to Asia... How do they determine the bonus for retiring early? 20% of potential earnings over the next 3 years? 40%?
My co-worker's DH took the early out last year and retired 12/31/11. They are paying him his guarantee for one year (he was a CA on the 747) and benefits till age 65 (in his case 5 years). So, I guess they changed it for 2012 if they are not offering compensation.Nah, it's more like health benefits and such.
Sent from my TRS-80