Originally Posted by
notEnuf
With retirement attrition what it is now, I don’t see a retirement package being advantageous. They can just pay minimum line value and have the workforce to immediately move into the market come recovery time or they can pay roughly the same amount and have a large one time training churn that will probably not be in time for quick movement back into the global market.
It will be a real , long time before international travel comes back or makes a comeback because companies and people will be scared . Especially if there is any more of this in the fall and winter and CNN ,MSNBC, and all the network news and morning shows continue to panic and scare everyone. It will be many years I think before international travel gets anywhere close to what it was . So they might as well get as many guys to early retire as they can and hopefully that helps with minimal furlough . The 767’s are going buy, buy , so I think it would be cheaper for buyout packages versus the training costs , but this is just my opinion .