Originally Posted by
Professor
Any analysis is going to be imperfect because of the historical variability of career trajectories in the industry.
Its just the way it is. Shall we compare ourselves to those of us at DL who still have pensions as well?
Current state going forward is one of the few ways and contract comparison will be effective.
It is difficult to value retirements from different carriers.
The pilots at American made huge concessions in 2003 (with the rest of labor at AMR) to stave off bankruptcy and protect their retirements. It worked for almost a decade, but labor paid in work rules and scope. They still have a frozen plan that is not "owned" by the PBGC.
The UAL and USAir pilots got little over the PBGC. We have a mixed bag at DAL.
At AMR I would have less seniority, but a much better retirement.
Hard to go apples to apples.
Still, this contract missed the target time landing window and didn't deliver the payload.