PPRuNe Forums - View Single Post - US Legacy Age 65 Retirements
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Old 1st Feb 2016, 05:10
  #16 (permalink)  
Kapitanleutnant
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I think you guys are missing something here:

While all those figures quoted here are true and impressive for future pilot jobs... and having been in this biz for about 30 years now.... between now and 2028 or much sooner, there WILL be a recession and airlines will look to reduce the numbers. This will stop the hiring plain and simple. So the demand side will not be there nearly the way it is now for a few years more than likely.

Also figure in that oil while at $30/barrel these days is going to rise which at some point even with hedging, will catch up to the airlines.

Not to rain on the parade but the hiring will at some point reduce drastically or more than likely stop... but only for a while. These are the highest numbers of retirements ever seen in the airline industry before.

Kap