Originally Posted by
206321
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.
Glass is always half empty huh??
You bid a 90 hour line to complain about working 80 hours for free and the last 10 hours is a killer hourly rate?
These guys stick around and make an extra $6,500 per month and you bad mouth them. Lets see if the shoe fits!