Looks like this 20-03 affords those senior folks who are set for cash or who don’t want to take a step back in QoL, or risk COVID19 infections for the last couple months/years to sail off into the sunset with a nice monthly package. Also being on leave vs separated gives them the ability to cancel it and officially retire/separate to grab lumps sums if this all turns really south and its looking like BK is coming. Hope many see this as a good deal and are able and willing to take this. No judgement if they don’t, but it seems these outs have the best chance for furlough mitigation over the 20-02 options.

20-02, I get the idea that it alleviates some financial pain for the company and it probably favors them financially let’s says 65/35 as a total wag. But what I like is that if people take these voluntary options they are likely in the furlough zone anyway and it allows them to “do it to themselves” so to speak. If they take this its because it’s good for them and just because something is good for the company doesn’t have to mean it’s bad for the pilot group. I like the ingenuity and positive option for some pilots which also allows the company back on track quicker than competitors.

I think we’ve had enough time for most folks in the bottom 30 percent to at least have a couple furlough plan Bs in the works. And some of these plan B options may not have quality health care. I like that if even though we lose bypass furlough recall with the voluntary programs, it says if someone has signed an employment contract they are allowed to complete their contract and then return. They don’t have to come back immediately when recalled if they can show the company why via a contract. They convert to a COLA I believe it said.

I really don’t think the company wants to do seasonal furloughs and I hope our MEC thought this through. Also, they can’t make you take a voluntary plus or any voluntary program. If you don’t take a voluntary furlough they can’t make you be in the furlough training program. Maybe I read this wrong, but as I see it, there are a nice variety of options for many situations, that offers medical benefit mitigation to the most junior and at risk part of the group: over all I think win-win. I’ve heard it said in business a good deal isn’t where one side wins it all, but when both feel they’ve gotten good value. I don’t know management values this but I’m happy with the value we got for the costs. I think these LOAs are done in good faith and positive, specifically because they are voluntary and give options across the range of our pilot group