I don’t think it will make much difference because those who would go “stuff it” and retire at 55 or 60 are generally now deciding to ease off the gas and continue working but part time. If you were on the top pay scale choosing your work and doing a few trips a month on which you can take your partner or kids why would you retire? People say the pension will be a big driver for retirements but that’s not the noises I hear.
On a positive note though. Gatwick slots, NEO’s arriving this year to replace older 319’s at LHR. IAG have slots which need flying, some aircraft they could keep hold of to slot sit and a pool of pilots. Despite what people say, in the short to medium term it will be a BA gig and maybe Level will have some later but who knows. That has to be the positive driver of recruitment.