I am good with that. I am about 56% on the list.

Wow. I still can't believe I'd never heard about that. Crazy.

Why seniority and not based on age? Oh never mind!

It was a time when things looked bleak and pilots over 50 vested in the retirement plan could take a lump sum of 1/2 the present value of their lifetime annuity so they did before that door closed. It resulted in many pilots of certain fleets leaving simultaneously which made the company/union work out a temp plan to let them fly (in retired status) until replacements could be trained.

PRPs...not a pretty word is it H.I.?

Raising Arizona?

Yeah, I remember the "perps". It was an effort (that the union stupidly agreed to) to stave off bankruptcy by letting the retired guys come back and fly. It didn't work.

And this was after the PRP's had bailed out with their lump sums causing a run on the bank contributing to our pension becoming under funded and failing.

It was really annoying to watch them "come back to save us all". What a joke it turned out to be.

There was a real atmosphere of fear and uncertainty surrounding the bankruptcy that caused some crazy ideas to surface. Remember Leo the Ceo and Michelle Burns bailing out with their SERPs and golden parachutes? I hope we are wiser today and can avoid some of that. Ed the head taking no salary is a good sign that maybe we won't repeat some mistakes from the past. JMO.

The point of the PRP program where pilots could come back and fly was to quickly allow the company to early retire around 600 pilots. The average PRP pilot worked for 6 weeks past their scheduled retirement. A handful of check airman were able to stay for a year because of the FAA’s refusal to qualify more than 2 new LCA’s a month on the 767.

It was a limited time program that the company wanted to extend. The union then said no. In hindsight, I still think it was unnecessary and guided by fear.

The point of the PRP program where pilots could come back and fly was to quickly allow the company to early retire around 600 pilots. The average PRP pilot worked for 6 weeks past their scheduled retirement. A handful of check airman were able to stay for a year because of the FAA’s refusal to qualify more than 2 new LCA’s a month on the 767.