I think with the combination of the LOA’s we have a decent shot at saving the planned furloughs. No denying the VELOA is a total joke to those without the A fund. Those pilots who have all that cash sitting there are ready to pull the trigger and are specifically targeted in this, as most are widebody pilots. And if they don’t take advantage of this golden ticket opportunity, they will have screwed the pooch big time.

The alternating months and zero time options are pretty good if you have another source of income, want an great QOL, or both. The “conditional bid” option is nice (for the bottom 2500) too as it is a safety net. But, a safety net you need to read the fine print on. There are a few interesting caveats tucked away.

While initially I was extremely disappointed in the summary. After I read it all tho, it seems like it was a unique approach without any concessions from us. The company couldn’t really get too radical with pilot group offer vs. all the other working groups as there would be an uproar. I do feel the VPLOA pilots really made out like bandits as that program, along with the VSTLOA program wrap up (they both end with the CARES Act expiration).