Early Retirement?
03-14-2020, 06:08 PM
#11
Gets Weekends Off
Joined APC: Apr 2012
Posts: 336
Originally Posted by vyperdriver
I'd recommend Delta reinstate retirement for guys say 3000 ish and above on seniority list or whatever a good number would be at the 60%FAE. That would preserve the young guys (if it got that bad), fix the deadzoners argument, ensure a lower training thrash, no furloughs, etc.
03-14-2020, 07:18 PM
#12
Gets Weekends Off
Joined APC: Jul 2007
Position: B737 FO
Posts: 665
Originally Posted by gloopy
Too many left small senior categories too soon to be replaced witout grounding planes or even one entire fleet, so supposedly it would have destroyed the airline by grounding panes due to no pilots until their replacements could be trained.
03-14-2020, 09:30 PM
#13
Gets Weekends Off
Joined APC: Aug 2007
Position: 1 step fwd 2 steps back
Posts: 212
Originally Posted by vyperdriver
I'd recommend Delta reinstate retirement for guys say 3000 ish and above on seniority list or whatever a good number would be at the 60%FAE. That would preserve the young guys (if it got that bad), fix the deadzoners argument, ensure a lower training thrash, no furloughs, etc.
03-14-2020, 11:53 PM
#14
Banned
Joined APC: Dec 2009
Position: Narrow/Left Wide/Right
Posts: 3,655
Originally Posted by BlueSkies
Wow. I still can't believe I'd never heard about that. Crazy.
03-15-2020, 04:27 AM
#17
FlySmarterNotHarder
Joined APC: Feb 2006
Position: fifi flyer
Posts: 556
Originally Posted by FL370esq
PRPs...not a pretty word is it H.I.?
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.
Last edited by UGBSM; 03-15-2020 at 04:38 AM.
03-15-2020, 04:42 AM
#18
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,284
Originally Posted by BlueSkies
Wow. I still can't believe I'd never heard about that. Crazy.
03-15-2020, 04:44 AM
#19
FlySmarterNotHarder
Joined APC: Feb 2006
Position: fifi flyer
Posts: 556
Originally Posted by sailingfun
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.
03-15-2020, 04:46 AM
#20
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,284
Originally Posted by BlueSkies
Wow. I still can't believe I'd never heard about that. Crazy.
Thread
Thread Starter
Forum
Replies
Last Post
