Originally Posted by
FriendlyPilot
Here's some possible karma...
The limit on wages in a liquidation is $17,150 for each employee. Which means that the court won't allow more than this to be paid to any employee for total wages owed. Since airline pilots are paid in arrears its possible some pilot that has been picking up trips has a big payday coming, but if the company liquidates, its the secured creditors who get paid fully and then unsecured creditors. Employees would only get up to $17,150 and then after 180 days if all secured and unsecured creditors have been fully paid (they won't be) then any leftover money can be paid to employees.
That would be the 'karma is a b***h" outcome for guys picking up with pilots on furlough.
Sure, for the pilots who are sticking around regardless of what happens (mainly boomer CAs)
Looking at the bigger picture, NK has had pilots on the street for well over a year at this point, and a lot of the pilots who were working the system have either moved on or are on their way out. They've already collected if that is a concern.
I saw some crazy stuff after Sept 1 2024 like people flying 90+ block at straight pay, reserves voluntarily breaking their necks to get into position well before the 3 hour callout thus circumventing the premium list, etc... And sadly a lot of it was from lower time FOs who were desperate for flight hours to get more competitive for the big 3.
Look I get it, nobody wants to go to work at the regionals but in a lot of cases these pilots either never flew for one prior to NK, or spent very little time at one compared to the norm from the pre pandemic world.
But anyway it happened, and a lot of them are now working with YOU at YOUR airline.
If you're so worried about it then then you and your buddies at the big U should bid down to 737 CA and teaching some of those youngsters a lesson. There's lists floating around if you want names. That would be the real karma.