The FAA's apparent change of heart is influenced by the current tight market globally for pilots as well as the lack of recent scientific data demonstrating any clear-cut erosion of safety from extending the careers of pilots, according to one person familiar with the matter. In addition, the Equal Employment Opportunity Commission concluded the 60-year age limit is discriminatory.In addition, Pasztor writes that keeping the age limit at 60 is becoming more difficult to defend, following a move by the International Civil Aviation Organization to raise retirement ages at airlines world-wide. A spokeswoman for FAA Administrator Marion Blakey said the industry can "expect a decision relatively soon." However, if a proposal is made, finalizing new regulations could take 18 months or more.
Source: Wall St. Journal "FAA Set to Raise Retirement Age For Pilots to 65" (December 11, 2006 (subscription required)