Yeah, I remember the "perps". It was an effort (that the union stupidly agreed to) to stave off bankruptcy by letting the retired guys come back and fly. It didn't work.

And this was after the PRP's had bailed out with their lump sums causing a run on the bank contributing to our pension becoming under funded and failing.

It was really annoying to watch them "come back to save us all". What a joke it turned out to be.

There was a real atmosphere of fear and uncertainty surrounding the bankruptcy that caused some crazy ideas to surface. Remember Leo the Ceo and Michelle Burns bailing out with their SERPs and golden parachutes? I hope we are wiser today and can avoid some of that. Ed the head taking no salary is a good sign that maybe we won't repeat some mistakes from the past. JMO.