Originally Posted by
Deathray
I talked to my union rep for 1.5 hours last night, and we discussed this very thing. His explanation was the more seasoned pilots put up with tremendous loss during the lost decade (ESOP, loss of pension, etc). So, they tried to structure the LOA to allow those with the least time left on property to try to continue to build as much as possible for retirement. He did indicate an EO is part of the package.
Same exact thing they said last time with the bond distribution. Just say no.