If these Airlines were in the USA, they would be taken to the cleaners.
Ahhh I seriously doubt it! Tell me one American Part 121 carrier that would hire a 61 year old pilot?
After ICAO brought in the age 60 limitation in 2006 even the FAA followed suit until Congress passed a bill allowing American pilots to fly in international airspace until they are 65 provided they have a pilot aged under 60 in the operating crew endorsed for all phases of flight. However there is nothing in that bill that "requires" airlines to hire pilots over age 60.
The wording of the bill allows for continued employment of a pilot who reaches age 60 on or after 13 Dec 2007 but actually does not allow for the hiring of a new hire pilot who has attained the age of 60 on or after 13 Dec 2007