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Baby Boomers

WHAT'S NEXT?: Over the next 20 years, more than 70 million baby boomers will retire, and the workplace will be dominated by experienced Millennials and Generation Z employees. Find out how Baby Boomers expectations and needs will change as this massive demographic shift takes place.

  • [New] In 2030 ALL baby boomers will be older than age 65 and for the first time in U.S. history, seniors will outnumber children. HIT Consultant Media
  • [New] From now until 2030, an average of 10,000 baby boomers will turn 65 every day. The New York Times
  • A large number of open positions will remain through 2030, the year when the youngest boomers will reach traditional retirement age. Forbes
  • Baby boomers, the generation born immediately after World War II, have left their mark on the U.S. population - 21% of all Americans are expected to be 65 or older by 2030. Magnolia State Live
  • The population of adults age 65 and older has ballooned in the past decade, driven by aging baby boomers, but all boomers will be 65 or older by 2030. USA Today
  • The looming retirement tsunami, dubbed the Silver Tsunami by the Pew Research Center to describe the anticipated retirement of large numbers of Baby Boomers, is projected to account for as much as a 20% loss of employees from the U.S. federal workforce within the next few years. Federal News Network
  • Pipistrel, which offers both electric and combustion engines, will become part of Textron's new eAviation business segment, which will focus on offering electric aircraft for urban air mobility, general aviation, cargo, and special mission roles. Janes.com
  • The Hercules will join a fleet of aircraft flying between countries in Europe, transporting military and humanitarian aid to destinations from which it can be taken into Ukraine by land. The Strategist
  • Earlier in 2021, the National Bank of Georgia announced that it was considering a central bank digital currency (CBDC) called the digital lari, for which the pilot program could launch in 2022. CoinTelegraph
  • For a true net-zero approach to air travel, planes will need to be redesigned, airports will need to be reimagined and how fuel is derived, delivered and utilized in engines will have to be reimagined. CNN Underscored
  • The Russia-Ukraine war represents a mid-sized catastrophe event, which primarily affects specialty lines such as aviation, marine, political risk, trade credit and cyber insurance. Insurance Journal
  • As the global demand for aviation fuel remains high and is expected to grow, the combustion of petroleum fuel will continue to emit more carbon dioxide into the atmosphere and with it comes growing impacts on climate change. Tech Xplore
  • More efficient flight capacity: The airline industry's commitment to achieving zero net emissions by 2050 has prompted increased attention toward hydrogen-powered planes, with many groups developing new aircraft. Aircraft Maintenance Stands
  • Challenges still remain for the aviation sector in 2022, with rising costs, logistical disruption, and continued restricted physical access to and from China all providing negative implications for British businesses in China. British Chamber of Commerce in China | Beijing
  • Naval analysts have worried for years that a new generation of ship-killing missiles would endanger large and important ships like the Moskva or the United States' fleet of aircraft carriers. The New York Times
  • The increasing demand for connectivity from different cities is expected to propel the demand for turboprop aircrafts in North America during the forecast period. FMIBlog
  • The RAF has been testing the feasibility of using electric aircraft for training functions as part of early steps towards a Net Zero air force by 2040 target. Royal Air Force
  • Russian airlines will be able to cannibalize parts from their planes for a while, but the lack of spare parts will have a significant impact on them in six to 12 months. MarketBeat.com
  • Ukrainian surface-to-air missiles continue to pose a serious pop-up threat to intruding Russian aircraft but will be less effective in providing mobile defense to Ukrainian forces nearer the Russian border. War on the Rocks
  • BAE Systems has created a simulation for landing its F-35 jet on an aircraft carrier, mimicking the volatile pockets of air which pilots will have to contend with if they are to make a successful landing. The Telegraph
  • Keeping in view China's focus on reducing the role of the ground forces, India too must invest more in aviation and naval assets because they will afford India enhanced power projection capability. newkerala

Last updated: 29 May 2022


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