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July 27, 2022

Battle to Increase ATP Retirement Age Begins

New Interest Groups Formed to Raise Retirement Age of Pilots

As the pilot shortage gains ground on the industry, a pair of new special interest groups have appeared on the scene to bolster a campaign aimed at increasing the useful span of the average ATP holder’s career. The groups, “Raise the Pilot Age” and the “Coalition for Airline Pilots Age 68 Retirement Campaign” (CAP68), take a similar tack in their efforts to improve the availability of airline pilots beyond the current 65-year age cutoff. The plan, according to CAP68, is to raise the mandatory retirement age to 68 through legislative activism by capitalizing on recent developments in air travel.

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Which Way, Spirit Shareholder?

Vote on Merger Leaves Spirit Execs in the Lurch, Unsure of Merger Status

The Spirit and Frontier Airlines merger stands before shareholders of the company, scheduled to vote on the matter today on whether or not the two should approve the airline as a preferred buyer. Rumor has it that Spirit’s board leans a different way than the shareholder body, preferring to merge with Frontier. The shareholders, however, just might reject the bid and push it into the arms of JetBlue Airways, whose $3.7 billion all-cash offer handily outstrips Frontier’s $2.6 billion offer. Naturally, money is only a portion of the deal, as the board and Frontier argue that a JetBlue bid has little chance of making its way past antitrust regulators.

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