Pilots in the aviation industry are set to receive a substantial €74 million in early retirement payouts by 2028. This significant amount is part of a agreement aimed at facilitating the transition of experienced pilots into retirement, making way for younger talent in the industry.
The payouts are expected to be made as part of a structured plan, allowing pilots to retire early while ensuring the aviation sector’s continued operational efficiency. This development is likely to have implications for the industry’s workforce dynamics and pension obligations .