Cowen & Company has released a new report on the long-debated issue if pilot retirement in the US. Cowen predicts that pilot retirements at several of the US airlines begin to increase in 2021 – the peak for American is 2023, Delta is 2022, United and Southwest are 2026. By the end of 2026, ~42% of the active pilot workforce at the five largest airlines will retire, says the report. Cowen determines that regional carriers will need to “aggressively recruit pilots in an attempt to navigate pilot attrition.” As a result of the dearth of pilots now and into the

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