640 More Early Retirements & 2,935 Paid LV
04-05-2020, 01:17 PM
#21
Gets Weekends Off
Joined APC: Jan 2017
Posts: 288
Originally Posted by texaspilot76
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.
Not to mention there will be huge numbers of younger guys on the streets.
Two out of my three tenants have not paid rent, the economy is going to suck for a while.
04-05-2020, 01:57 PM
#22
Gets Weekends Off
Joined APC: Jan 2006
Posts: 1,542
Originally Posted by nimslow
The difference between 76 hours of G2 pay and 50 hours of G4 pay is just shy of $50K/year.
I personally am glad they are not offering them at other major airlines as I think they are too expensive and I’d rather see the money spread around the pilot group, but know that there are thousands of pilots at United and Delta that are envious of your VPLOA package.
04-05-2020, 02:03 PM
#23
Gets Weekends Off
Joined APC: Feb 2007
Position: Right Seat
Posts: 1,458
Originally Posted by A330FoodCritic
...because there will be so much hiring going on the next three years, with respect to them doing something else, I don’t think so.
Not to mention there will be huge numbers of younger guys on the streets.
Two out of my three tenants have not paid rent, the economy is going to suck for a while.
Not to mention there will be huge numbers of younger guys on the streets.
Two out of my three tenants have not paid rent, the economy is going to suck for a while.
04-05-2020, 05:08 PM
#28
Gets Summer Off
Joined APC: May 2009
Position: AA
Posts: 667
Originally Posted by texaspilot76
This will recover quickly by end of summer. There will be opportunities.
04-05-2020, 06:19 PM
#29
Gets Weekends Off
Joined APC: Jun 2018
Position: 757/767
Posts: 537
Originally Posted by nimslow
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
i really doubt many will take this round of VPLOA’s
04-05-2020, 06:36 PM
#30
Gets Weekends Off
Joined APC: Feb 2007
Position: Right Seat
Posts: 1,458
Let me put it in this perspective for the VPLOA:
What company will pay you roughly $180,000 a year for 3 years, plus 16% of that into your retirement, full medical/ dental, and all other benefits to sit at home and not work?
Who in this world wouldn’t love that and not think twice about jumping all over it?
What company will pay you roughly $180,000 a year for 3 years, plus 16% of that into your retirement, full medical/ dental, and all other benefits to sit at home and not work?
Who in this world wouldn’t love that and not think twice about jumping all over it?
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