Financial Advice for Worried Airline Pilots Right Now

The airline industry has been upended by the COVID-19 pandemic.  Among those hardest-hit are pilots — a group with a unique set of skills who are now facing major career and financial choices that could affect the rest of their lives. 

Over the past few months, multiple airlines have offered early retirement packages to their pilots and corporate professionals.  In August, 1,806 Delta pilots accepted a voluntary early retirement package that included continued pay for 58 hours per month until the earlier of three years or reaching age 65. Other packages with varying terms have been offered by other airlines.       

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