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It has been proposed raising it to 67, not 70. This would only mitigate the airline pilot shortage, certainly not solve it. I'm not sure how you come up with airlines going bankrupt because they have more pilots, but I'm sure you don't either. It obviously did not "happen the last time". A common tactic employed by liars is to make up facts and then try to pass them off as universally accepted in order to support an erroneous conclusion. Case in point: the airline passenger market is not soft. Another weak tactic: the good old "people are saying".