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-   -   Perspective.... (https://www.airlinepilotforums.com/delta/128775-perspective.html)

BobZ 04-06-2020 07:37 AM

Its likely in this case maybe not so much mandatory at 60.....as it was the 2000+ pilots who 'had' to retire before delta filed bankruptcy.

Plus some unique AE or displacement opportunities created in the subsequent chaos.

I seem to recall this accelerated advancement was cited as the offset for the distribution weighting of payouts from bankruptcy.

OOfff 04-06-2020 07:52 AM


Originally Posted by The Localizer (Post 3024736)
For an airline that was not shy ever to tell us or the whole world how we are the best at everything, number 1 in every market number 1 on wallstreet, bragging about profit sharing... the list goes on. I feel like we are handling this the worst out of any airline. I feel like everyone else has at least has some sort of a plan and we have absolutely no idea what we are doing.

do you have a lot of friends at other airlines? Sure seems like everyone is lost and confused

Scooter432 04-06-2020 08:13 AM


Originally Posted by OOfff (Post 3025142)
do you have a lot of friends at other airlines? Sure seems like everyone is lost and confused

agreed, all my friends at the various airlines are in the same boat with the same theories and rumors being floated on their private message boards.

ERflyer 04-06-2020 08:41 AM


Originally Posted by BobZ (Post 3024700)
Am i the only one who in spite of it all has enjoyed a career.that never seemed at all like work?

You’re not the only one. I don’t want to sound too enthusiastic because I might get banned. :)

Scoop 04-06-2020 08:51 AM


Originally Posted by BobZ (Post 3025122)
Its likely in this case maybe not so much mandatory at 60.....as it was the 2000+ pilots who 'had' to retire before delta filed bankruptcy.

Plus some unique AE or displacement opportunities created in the subsequent chaos.

I seem to recall this accelerated advancement was cited as the offset for the distribution weighting of payouts from bankruptcy.

Perhaps so, but the two are closely related. How many of those 2000 would have made the same decision if instead of looking at say 1-7 years left were looking at 6-12 Years left?

As far as the career goes - agree 100%. Never enjoyed "going to work" but always enjoyed "being at work." If that makes any sense. ;)

Scoop

Buck Rogers 04-06-2020 09:06 AM


Originally Posted by ERflyer (Post 3025191)
You’re not the only one. I don’t want to sound too enthusiastic because I might get banned. :)

Prolly not banned, but a brutal verbal "gang sodomizing" by the pack mentality bro's is a possibility

Buck Rogers 04-06-2020 09:19 AM


Originally Posted by Scoop (Post 3025206)
Perhaps so, but the two are closely related. How many of those 2000 would have made the same decision if instead of looking at say 1-7 years left were looking at 6-12 Years left?

As far as the career goes - agree 100%. Never enjoyed "going to work" but always enjoyed "being at work." If that makes any sense. ;)

Scoop

I'm not gonna get in the middle of this but to offer this one point. The guys who left early were ( for the most part) taking a 50% lump sum of 1 million $$$$. So 1M in hand and another 5k month??. I would have asked myself, " how long will it take me to save 1M $$ at current and/or projected pay rates?". (TVM and all that yada, yada, yada) At the time I was < 50 , was a75/76 capt grossing 170k per year, The answer would have definitely factored into my decision.

Glad I was unable to have a choice.

BobZ 04-06-2020 09:37 AM

The thing that burned me up in the no choice category was the esop allocation we could only watch evaporate to zero

FL370esq 04-06-2020 09:57 AM


Originally Posted by BobZ (Post 3025247)
The thing that burned me up in the no choice category was the esop allocation we could only watch evaporate to zero

That was one of the few positives of being furloughed then. We were allowed to cash out those shares - not a whole lot but worth several K which is way more than the zip, zilch, nada those not furloughed got to realize.

charleyvarrick 04-06-2020 10:01 AM

777A at 50? Wow. I'll be furloughed at 46. This career really is timing and luck.


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