Forget Pay Cuts, CK out APA
American pilots have negotiated a pretty decent deal, no pay cuts..
To summarize:
Pilots pay protected for COVID-19 quarantines for duration. Includes self-quarantines for sick family member. Sick bank restored for COVID-19 diagnosis.
1. Voluntary unpaid Leave of Absense, retain all benefits and accrue Length of Service, up to 12 months.
2. Voluntary Short-Term LoA, paid 55 credited hours, 1/3/6 months long, retain all benefits, 401k/profit sharing eligible, required to maintain currency but that’s it.
3. Voluntary Permanent LoA, age 62+ paid 50 hours until age 65, retain all benefits and 401k, etc as above, remaining sick deposited into HSA.
Looks like a helluva job by APA and AA.