Originally Posted by
ewrbasedpilot
I've seen three retirement notices up in the past week. Good news for a change (although their could be a LOT more). The way things are going, if I had a lump sum of $750,000+ I'd be gone yesterday. Some of these guys are gambling a lot on what might just be a losing horse.......
You don't have to be 60 to retire. You need to be over 50 and have 20 years in. Right now, it looks like all the legacy carriers will threaten bankruptcy.
I think CAL will lose 300 or more guys this summer (to get their lump sum) and there will be no talk of furloughs.
Just like at Delta, but let's hope they don't come back as 'contract' pilots.