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Old 12-30-2012 | 09:38 AM
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rickair7777
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From: Engines Turn or People Swim
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Originally Posted by Airbum
While you make your decision I think it is telling the choices your Captain has made. He retired from Delta in his early 50's after 30 years. It appears that he had the job you are dreaming about yet didn't think it was good enough to stay.
This is 100% incorrect info.

A guy of that age from DAL did not retire because he wanted to or because he didn't like his career.

He retired because a few years ago DAL was about to enter bankruptcy and liquidate (or severely reduce) their retirement plan. DAL pilots who retired before BK had the option of taking a defined benefit (pension) or lump sum. The pension would have been lost in BK, but if you retired before BK and took the lump sum, they had to pay up and that was yours to keep. For a 30-year CA, the lump sum could have been several million dollars...THAT's probably why he retired.

There are several ex-DAL CA's slinging gear at SKW...and they're all millionaires.
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