Originally Posted by
mikea72580
-What would be the collateral for the loan? How would we handle defaults(Pilots leaving Delta)
-Would it then be acceptable to pick up open time, prolonging the time recalls are made?
-Is this in addition to the 1% already approved for health insurance?
-Are all 1,941 interested in weathering the furlough through loans that need to be repaid?
Some answers to your questions about the loan process are probably can be found here:
https://deltafurlough.alpa.org/
Picking up time while pilots are on furlough will probably still be controversial. That seems like a very nuanced debate with no answer that seems to satisfy everyone.
This would be in addition to the COBRA.
Most likely some of the 1941 would not want a loan and some would want the loan. This is the main purpose for the up to language in the 3.5%. If less of the 1941 receive the money the lower the required assessment.