..... In anticipation of a flightcrew shortage, the Federal Aviation Administration elected in 2007 to raise the retirement age from 60 to 65. However, unless a new generation is trained, the measure will only delay, not avert, the impact. Of the 60,000 pilots in the USA today, around 37,000 - nearly two-thirds - are due to retire between 2012 and 2017, says Greenhill. He expects that when the US economy picks up, the airlines will hire all available graduates, instructors and furloughed pilots, but then fall short. "There is definitely going to be a gap in pilot supply, because there has been nobody in the training pipeline here over the past two-and-a-half years."
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