Originally Posted by
iceman49
I really do not see many people bailing in this economy, but after 6 airlines, 3 mergers anything is possible.
The state of the economy is precisely the concern. The fear is that the FNWA guys who meet the requirements to retire will cash out with the pension and the accrued sick leave. That alone is worth hundreds of thousands for some of them. The thinking is that the pilots are fearful that the company may not be able to meet the pension obligations at future date. As a result, is it better to go out now? That's the thinking at least. It is deja vu for DAL mgt., who watched hundreds a month retire prior to the BK.