No one has yet answered my simple question....in the event AA declares bankruptcy do the obligations for paying these early retirees become like most other obligations, ie. unsecured creditors and they go to the back of the line to get paid, if ever.

With AA debt load that would be a huge factor for me. It is also why I asked the question about the option to take it as a lump sum. Take the lump sum $ and run and don't look back if I was 62+

they are pilots without eligibility to fly or return to flying, and with no obligation to the company to show up to work. not retirees. They are on a voluntary permanent leave of absense. So they will be paid in the same manner that all the other pilots are paid. They will also not be furloughed. No, there is no lump sum.

its been answered multiple times.

no one really knows and there hasn’t been an official answer from the company or the union. I’ll say again because I guess you missed it. The pilots are still on the seniority list. If the contract is thrown out in bankruptcy this agreement goes with it. Since they are on the list hopefully they’d be able to return.

You aren’t going to get a definitive answer because there isn’t one at this point.

APA just published a list last week. The VPLOAs are all on it.............

They can’t return status quo. This question was about BK where the contract would more than likely be changed.

lump sum requires cash on hand, which we don’t have.

Believe it or not, there are a group of pilots here who.. quote "would work until age 70 if they let me"

Who knows why. Combination of horrible money management, too many ex wives, hating their current wife and not wanting to be home, etc...

You forgot the other one (usually down south). Man, I miss my former crew base MIA.

So, I wonder if all the 63 up pilots that are getting displaced off the 767/ 330 back to a narrow body will go ahead and take the early out. I’d like to think many would.

This could really give the VPLOA numbers a real boost on this round. And they should be out and posted before the Displacement.

At NetJets there are pilots pushing 80, although I think they're all out on medical. Owners have complained and NJA has looked for a way to ease those guys out but can't get around age discrimination laws. That's why they tried to get it snuck into legislation a few years ago. Law was written so it'd only apply to NetJets. Never did get included in the final bill thou.

I went out on medical at 60 and I am fine with staying out, I have LOM coverage thru age 68.