Index Investing News
Monday, April 6, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Senators propose raising US commercial pilots mandatory retirement age By Reuters

by Index Investing News
March 21, 2023
in Markets
Reading Time: 2 mins read
A A
0
Home Markets
Share on FacebookShare on Twitter


© Reuters.

By David Shepardson

WASHINGTON (Reuters) -A group of seven U.S. senators on Tuesday proposed legislation to raise the mandatory commercial pilot retirement age to 67 from 65, in a bid to address airline industry staffing issues.

The legislation first proposed last year by Senator Lindsey Graham and other Republicans now includes Democrats Joe Manchin and Mark Kelly, a former Navy pilot and astronaut.

The proposal, which would require pilots over age 65 to pass a rigorous medical screening every six months, follows complaints of pilot shortages by many regional airlines.

It comes as Congress is considering various aviation reforms ahead of the Federal Aviation Administration’s (FAA) Sept. 30 expiration of operating authority.

Graham said roughly 5,000 pilots will be forced to retire within the next two years. He noted hundreds of flights are being canceled due to a shortage of available pilots and crews.

The Regional Airline Association (RAA) praised the proposal, saying 324 airports have lost, on average, a third of their air service, including 14 small airports that have lost all service, and more than 400 airplanes are parked because of a lack of pilots.

RAA President Faye Malarkey Black in an email said raising the retirement age is “the one solution that will immediately mitigate the pilot shortage, particularly the captain shortage, which is an even more acute constraint within a constraint.”

She added that it also would reduce “wrongheaded age discrimination against healthy pilots.”

The Air Line Pilots Association (ALPA) opposes proposals to increase the retirement age. Even if the proposal is approved, the union said pilots older than 65 would still not be able to fly in most countries outside the United States because of international rules.

Graham previously noted that in 2007 the United States raised the mandatory retirement age from 60 to 65, and “the sky did not fall.”

Transportation Secretary Pete Buttigieg has previously said he does not support raising the pilot retirement age.

Some have urged the lowering of the number of hours experience needed to be a co-pilot.

The FAA denied a request last year by regional carrier Republic Airways for allowing only 750 hours of flight experience instead of 1,500 hours.



Source link

Tags: agecommercialmandatorypilotsproposeraisingretirementReutersSenators
ShareTweetShareShare
Previous Post

Asian startups are rising to the financing challenge

Next Post

Canadian lender RBC increases work-from-office time as COVID ebbs By Reuters

Related Posts

Buffett may end donations to Gates charity over Bill’s ties to Epstein

Buffett may end donations to Gates charity over Bill’s ties to Epstein

by Index Investing News
April 5, 2026
0

BECKY QUICK: Warren, welcome. It is wonderful to see you this morning.WARREN BUFFETT: It is fun to be on.QUICK: You are on...

Trader Alerts – New ETP Listings #2026

Trader Alerts – New ETP Listings #2026

by Index Investing News
April 1, 2026
0

 Home ...

As stocks, bonds fall, a trade that boomed in 2022 may be winner again

As stocks, bonds fall, a trade that boomed in 2022 may be winner again

by Index Investing News
March 28, 2026
0

Managed future strategies are gaining renewed attention as investors look for new sources of returns from the market at a...

Brand New Stock: AI Drone-Defense IPO

Brand New Stock: AI Drone-Defense IPO

by Index Investing News
March 20, 2026
0

A brand new stock just debuted in the hottest sector we’ve seen in years. It’s an AI drone-defense play in...

Planet Labs Stock Shoots to the Moon

Planet Labs Stock Shoots to the Moon

by Index Investing News
March 24, 2026
0

Space stocks have taken off on the back of both hype and substance. Investors don’t even bat an eyelid at...

Next Post
Canadian lender RBC increases work-from-office time as COVID ebbs By Reuters

Canadian lender RBC increases work-from-office time as COVID ebbs By Reuters

‘Babylon’ Is Our Beautifully Messy Home Video Pick of the Week

'Babylon' Is Our Beautifully Messy Home Video Pick of the Week

RECOMMENDED

Mindfulness For Busy Professionals (As a result of The Rollercoaster Is not Stopping)

Mindfulness For Busy Professionals (As a result of The Rollercoaster Is not Stopping)

February 15, 2025
My Weekly Studying for October 27, 2024

My Weekly Studying for October 27, 2024

October 27, 2024
TikTok Mother’s Cribs-Type Home Tour of Burned Down Altadena House Goes Viral

TikTok Mother’s Cribs-Type Home Tour of Burned Down Altadena House Goes Viral

January 11, 2025
Corrupting The Presidential Pardon Energy – FREEDOMBUNKER

Corrupting The Presidential Pardon Energy – FREEDOMBUNKER

January 18, 2025
Sovereign gold bonds dropping favour with authorities

Sovereign gold bonds dropping favour with authorities

November 17, 2024
Royal Gold buys Cortez mine royalty from Rio Tinto in 5M deal (NASDAQ:RGLD)

Royal Gold buys Cortez mine royalty from Rio Tinto in $525M deal (NASDAQ:RGLD)

August 2, 2022
Binance Leaks Spell Trouble with SEC, ‘Nuclear Fallout’ By DailyCoin

Binance Leaks Spell Trouble with SEC, ‘Nuclear Fallout’ By DailyCoin

March 7, 2023
The Best True Crime to Stream Now

The Best True Crime to Stream Now

July 31, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In