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-   -   AA Early Retirement Offer (https://www.airlinepilotforums.com/american/129804-aa-early-retirement-offer.html)

rcflying53 05-27-2020 02:03 PM


Originally Posted by Downtime (Post 3065163)
You taking the over or under on it lol.

Haha...with the way this place runs, it’ll probably be June 11, 2021

Downtime 05-27-2020 03:18 PM


Originally Posted by rcflying53 (Post 3065168)
Haha...with the way this place runs, it’ll probably be June 11, 2021


Well that’s one way to prevent furloughs lol.

206321 05-27-2020 05:02 PM

Only 5 takers of the latest round of early retirements for July. Mostly PHL and CLT 330 and 767 pilots.

To correct an earlier post, here is the scenario if they offer another round of early retirements effective August:
For example:
If a junior A330 CA gets bumped down to A320 CA on this September bid, (results due out June 11) and if they are offered another round of early retirements effective August, then then would retire at the higher pay A330 rate. This is straight from APA rep.

However, August is going to be the last chance.

A330/777/787 CA at $342/hour at 50 hrs month (early retirement package) = $17,100 per month
A320/737 CA at $278/hour at 85 hrs per month (staying active) = $23,630

In other words, if they hang around, they are working the first 61.5 hours of the month for free.

Downtime 05-27-2020 06:33 PM


Originally Posted by 206321 (Post 3065243)
Only 5 takers of the latest round of early retirements for July. Mostly PHL and CLT 330 and 767 pilots.

To correct an earlier post, here is the scenario if they offer another round of early retirements effective August:
For example:
If a junior A330 CA gets bumped down to A320 CA on this September bid, (results due out June 11) and if they are offered another round of early retirements effective August, then then would retire at the higher pay A330 rate. This is straight from APA rep.

However, August is going to be the last chance.

A330/777/787 CA at $342/hour at 50 hrs month (early retirement package) = $17,100 per month
A320/737 CA at $278/hour at 85 hrs per month (staying active) = $23,630

In other words, if they hang around, they are working the first 61.5 hours of the month for free.

Just curious where did you see only 5? I haven’t seen an email or an award.

Flying101 05-27-2020 06:40 PM


Originally Posted by Downtime (Post 3065271)
Just curious where did you see only 5? I haven’t seen an email or an award.

Aapilots has it..

2 - 330 CA CLT
2 - 330 FO PHL
1 - 767 CA PHL

Downtime 05-27-2020 06:45 PM


Originally Posted by Flying101 (Post 3065278)
Aapilots has it..

2 - 330 CA CLT
2 - 330 FO PHL
1 - 767 CA PHL


Yeah I found it after I asked thanks. It will be interesting to see if they give them a chance to bail before their new effective date.

R57 relay 05-27-2020 07:14 PM


Originally Posted by 206321 (Post 3065243)
Only 5 takers of the latest round of early retirements for July. Mostly PHL and CLT 330 and 767 pilots.

To correct an earlier post, here is the scenario if they offer another round of early retirements effective August:
For example:
If a junior A330 CA gets bumped down to A320 CA on this September bid, (results due out June 11) and if they are offered another round of early retirements effective August, then then would retire at the higher pay A330 rate. This is straight from APA rep.

However, August is going to be the last chance.

A330/777/787 CA at $342/hour at 50 hrs month (early retirement package) = $17,100 per month
A320/737 CA at $278/hour at 85 hrs per month (staying active) = $23,630

In other words, if they hang around, they are working the first 61.5 hours of the month for free.

Was it only 5 takers, or only 5 awarded? I thought more than that wanted it and were not awarded.

AllYourBaseAreB 05-27-2020 08:21 PM

Rumor is only 5 wanted it

FetaCheese 05-27-2020 09:18 PM

I wouldn't be surprised if some are waiting to be awarded Group 4 pay on the current displacement, so they can punch out on VPLOA at that pay rate.

TallFlyer 05-28-2020 02:31 AM

Speaking of early retirements......


https://viewfromthewing.com/american...support-staff/


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