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640 More Early Retirements & 2,935 Paid LV

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Old 04-05-2020, 07:27 AM
  #11  
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Originally Posted by Armyguy View Post
Could lower the age to 50 and reduce the hours to something low and you would get takers.
I would not want to be an unsecured creditor of American Airlines for the next 15 years.
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Old 04-05-2020, 09:13 AM
  #12  
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Originally Posted by ZeroTT View Post
I would not want to be an unsecured creditor of American Airlines for the next 15 years.
It might not be smart to be an unsecured creditor of AA for a portion of the next three......
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Old 04-05-2020, 09:17 AM
  #13  
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They can set it up to where your name stays on the list, and money doesn't stop until your name is furloughed. I'am sure many would rather that the a "guarantee".
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Old 04-05-2020, 10:36 AM
  #14  
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Anyone who is 62-63 would be foolish not to take the early retirement. They will get what amounts to a pension for 3 years and could go and do something else and make way more money total that what they would by staying. It would be a no brainer for me.
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Old 04-05-2020, 11:02 AM
  #15  
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Particularly a junior widebody CA who will likely get displaced to Group 2 CA. Retire now at 50 hours Group 4 CA pay or work your butt off at Group 2 CA pay for just a couple grand more than you would have made retired
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Old 04-05-2020, 11:17 AM
  #16  
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Originally Posted by texaspilot76 View Post
Anyone who is 62-63 would be foolish not to take the early retirement. They will get what amounts to a pension for 3 years and could go and do something else and make way more money total that what they would by staying. It would be a no brainer for me.
lots of idiots in the this company
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Old 04-05-2020, 12:43 PM
  #17  
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Originally Posted by Armyguy View Post
lots of idiots in the this company
It's not just limited to this company...
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Old 04-05-2020, 12:47 PM
  #18  
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Originally Posted by AAL24 View Post
Particularly a junior widebody CA who will likely get displaced to Group 2 CA. Retire now at 50 hours Group 4 CA pay or work your butt off at Group 2 CA pay for just a couple grand more than you would have made retired
The difference between 76 hours of G2 pay and 50 hours of G4 pay is just shy of $50K/year. The junior G4 captain is likely to be a senior G2 captain, so they won’t be sitting reserve, unless it’s by choice, and will make more than 76 hours.

i really doubt many will take this round of VPLOA’s
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Old 04-05-2020, 12:50 PM
  #19  
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Originally Posted by Armyguy View Post
lots of idiots in the this company
I hate to say it, but I think unfortunately it is getting less. I don't remember last time I flew with a guy who believed the mother ship is in CB cells. I don't think we even have a flat-earther in our group!

What's happening to this place?
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Old 04-05-2020, 12:52 PM
  #20  
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Originally Posted by nimslow View Post
The difference between 76 hours of G2 pay and 50 hours of G4 pay is just shy of $50K/year. The junior G4 captain is likely to be a senior G2 captain, so they won’t be sitting reserve, unless it’s by choice, and will make more than 76 hours.

i really doubt many will take this round of VPLOA’s
Agreed. The vast majority of 62+ pilots who are going to take the VPLOA already took it. The company will need to open it up to 61 and down if they want more takers going forward.
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