Originally Posted by
orvil
My question for you is how long did it take you to build such robust bank (2,200 hours)? If we started this right now, are they going to place a lump sum in an account for the over 50 age group pilots? Or, are we starting with 60 hours?
I don't remember how many years it took. We had a rapid accrual clause that quickly brought you back up to your previous level when you called in sick. I just called in sick anytime I was sick, and that was my balance at one point.
Originally Posted by
orvil
Second point, if we go into bankruptcy again, is there anything to stop the Company from cancelling your 2,200 hour bank? My guess is the judge will sign that little account away in a heartbeat.
That didn't happen during the NWA bankruptcy. That is a point I hadn't considered though.
Originally Posted by
orvil
Because of this, I think that you are wrong about using your sick leave as short term or long term disability plan. DALPA spent a considerable amount of negotiating capital in the bankruptcy process to protect and secure the D&S plan from corporate raiding.
We kept ours too and I actually don't even think it was threatened.
Carl