Originally Posted by
weekendflyer
Word on the street- surplus bid to come
out this week
Seems odd to me that they might try to manage pilot category sizes via a surplus bid prior to establishing or even discussing an early-out plan. It would also seem odd to me that an early out option would only make financial sense at some, but not all legacy carriers. What am I missing?
Might the surplus bid come with an accompanying option to select early retirement? This could be implemented much like bypass selection, and by my understanding not require any negotiation with ALPA. Perhaps the unpaid leave solicitation they just published today was the necessary square-filler (for non-union employee optics) before offering paid early retirements.
I am not optimistic that any early out offer will be industry-leading.