decrease in earnings potential? how? they get 5 more years....you and everyone else gets the same 5 more years.....it actually increases your potential LONG TERM EARNINGS! the only negative is that you wait more, and well so be it.....youll appreciate it more when you occupy their shoes in the future.
I want to retire at 60. I will take a huge paycut. No one will make any more money until you go past age 60.
You wax eloquently but I think your full of poop. If you
really love this profession remove you own personal needs/wishes from the equation. Is this good for our profession, or just good for you and a very few? Look across the decades of this profession and tell me
this is what we need
now! No it is NOT my friend!
Changing the age: works only once, diminishes our ability to bargain for raises, doesn't help any pilot until the day they work past 60, and does not enhance safety.
Of course I understand this will probably be changing, and this change, in and of itself, won't unravel the profession. However, I am quite concerned about what this APAAD group will try to pull next. It's an activist type group and I'm sure they won't be done. This is the easiest money they ever made [stole] and they're going to want more.
The generation of pilots looking at retirement need to go. We need renewal; new philosophies and standards in this endeavor. I don't think anyone wants to see what 5 more years of elder boomers in charge will be like. This retiring generation has done more damage, not only to this profession, but the entire world! Environmentally, socio-economically and politcally...the elder boomers are woefully bad leaders.
My father has 15000 hrs in propeller airliners, one third of that the airplane had spark plugs. He retired with 10000 hrs in Boeing jets when his airline was forced out of business. He lost a fully funded pension, my family all got jobs to buy food, and we observed Christmas without exchanging gifts more than once. That was 20+ years ago! Pilots have been losing pensions for a long time and no one cared! Especially these potential retirees right now. When my father lost his job the younger pilots from another airline in town had a BBQ and then went out and bought new cars! He was stunned! The guys retiring when he started out (the ones who flew from bonfire to bonfire at night) would have been bringing over help and well wishes. Not the guys who want this age changed now! He!! no, they've been celebrating others' misfortunes for a long time. Interestingly, now they're the ones in need and it matters more now?
This will hopefully take the full two years, be a relatively long-ish phase in, and somehow preserve the ability to retire at 60 as a normal age.