Age 65 Effects on Hiring

[Fly4hire]

Age 65 will have different effects on different carriers - those with terminated pensions and or large numbers of ROPES having the most exposure on growth an hiring.

Word is that UPS and FDX have both immediately stopped further hiring as they assess the impact of pilots staying past 65 and ROPES bidding back to the left seat. Rumor is no further hiring until late in 2008...

Can anyone with knowledge of this conform or deny, and report on hiring/growth impact at their respective carriers?

 

[maxblast72]

Airtran was going to have 10-15 retirements per year from 2008-2013 with the age 60 rule. For a pilot group of 1600, this represented a 4% pilot retirement over the next 5 years. The Age 65 rule implementation will probably be felt the least at Airtran.

Airtran was forecasting 280 newhires for 2008. You can reduce that by 15 newhires accounting for no age 60 retirements and a few more because of the reduced attrition (as junior guys reevaluate leaving Airtran because of slowed career progression at other places).