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Old 05-27-2020, 07:14 PM
  #47  
R57 relay
Gets Weekends Off
 
Joined APC: Nov 2011
Position: A320 Capt
Posts: 5,294
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Originally Posted by 206321 View Post
Only 5 takers of the latest round of early retirements for July. Mostly PHL and CLT 330 and 767 pilots.

To correct an earlier post, here is the scenario if they offer another round of early retirements effective August:
For example:
If a junior A330 CA gets bumped down to A320 CA on this September bid, (results due out June 11) and if they are offered another round of early retirements effective August, then then would retire at the higher pay A330 rate. This is straight from APA rep.

However, August is going to be the last chance.

A330/777/787 CA at $342/hour at 50 hrs month (early retirement package) = $17,100 per month
A320/737 CA at $278/hour at 85 hrs per month (staying active) = $23,630

In other words, if they hang around, they are working the first 61.5 hours of the month for free.
Was it only 5 takers, or only 5 awarded? I thought more than that wanted it and were not awarded.
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