Thread: Bankruptcy
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Old 07-26-2022 | 12:05 PM
  #1079  
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Excargodog
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Originally Posted by Floy
I have a DL CJO and no class date yet. The concern with taking AA immediately then jumping to DL is that 1) It doesnt help my DL seniority I'll still get what I get 2) Although well prepared for first year pay, that could mean 1 1/2 to 2 years of first year pay which hurts leaving a very lucrative position that I have a the top of my regional. 3) I only have about ten years left.
Tough call. With half the economists saying recession,

https://www.cnn.com/2022/07/26/econo...hnk/index.html

it is possible you could end up furloughed for a few years at any major, even DAL. Not likely, maybe, but certainly possible. And even if that didn’t happen you’d be on reserve, your QOL and pay both taking a considerable hit. Going through it once - then starting over a second time would be rough, unless you could somehow get DAL to give you a quicker class date by leveraging an AA CJO.

If you had even 15 years left, taking the first legacy offer would be a no brainer, but potentially being furloughed for a year or two when you won’t have a lot of time to make it up changes the financial calculus considerably. But when economists who have devoted their careers to the field are split 50-50, about all your fellow pilots can give you is sympathy. It’s a damn tough call.

Good luck whatever you decide.

Last edited by Excargodog; 07-26-2022 at 12:25 PM.
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