Originally Posted by
Noisecanceller
Paying large sums to get guys to retire that would have already been legally retired. GENIUS!
Covid caught the airlines by surprise. They didn’t know what to do. It will be furloughs next time, or early out packages.
Explain in detail the difference between “early out” and “early retirement.”
Explain in detail the number of people who WOULD have retired BUT FOR 60-65 and compare that to the number of people who WOULD defer retirement I’d 65-67 happens.
Explain in detail the economic situation in the five years immediately following 60-65 (2007-2011)
With what it is now.
I’ll grant that 2007 was a bad time to be an airline pilot, but that’s no reason to squirrel away gold and bury coffee cans full of silver dollars in the backyard like your Depression scarred grandparents did.