View Poll Results: Do you plan to take the VEOP offer?
I'm age 60+, Definitely Yes
6
2.83%
I'm age 60+, Leaning Yes
13
6.13%
I'm age 60+, Leaning No
3
1.42%
I'm age 60+, Definitely No
5
2.36%
I'm age <60, Definitely Yes
5
2.36%
I'm age <60, Leaning Yes
6
2.83%
I'm age <60, Leaning No
6
2.83%
I'm age <60, Definitely No
23
10.85%
Not eligible, but would take it if I were
121
57.08%
Not eligible and would not take it
24
11.32%
Voters: 212. You may not vote on this poll
Better VEOP Poll
#12
Super Moderator
Joined APC: Dec 2007
Position: DAL 330
Posts: 6,851
Scoop
#14
Gets Weekends Off
Joined APC: Mar 2007
Position: Petting Zoo
Posts: 2,068
#15
Denny
#16
Gets Weekends Off
Joined APC: Jan 2014
Posts: 1,866
You do realize that's not the issue? Everyone knows the contract not bankruptcy proof. The problem is if pilots take the EO they could lose 100% of income and healthcare. I they stay they still have an income and healthcare unless the company goes into liquidation.........and in that case it would be better if they stayed too!
Denny
Denny
#17
Gets Weekends Off
Joined APC: Jun 2015
Posts: 4,116
While income may be there healthcare is no guarantee in reorganization.
And if liquidation then everybody is S.O.L.
Oh...except management and the custodian overseeing the liquidation. That gig usually pays real well.
As for better if stayed vs go? Its an individual calculation. In a slide to bankruptcy there will be degradation of terms of employment. While this severance package will be frozen.
Whats better....being retired drawing 58hrs for the next 3 years as delta slides to an eventual bankruptcy?
Or staying.....enduring the inevitable stress and concessions that go along with that death spiral?
Choose wisely.
And if liquidation then everybody is S.O.L.
Oh...except management and the custodian overseeing the liquidation. That gig usually pays real well.
As for better if stayed vs go? Its an individual calculation. In a slide to bankruptcy there will be degradation of terms of employment. While this severance package will be frozen.
Whats better....being retired drawing 58hrs for the next 3 years as delta slides to an eventual bankruptcy?
Or staying.....enduring the inevitable stress and concessions that go along with that death spiral?
Choose wisely.
Last edited by BobZ; 06-27-2020 at 06:07 PM.
#19
You do realize that's not the issue? Everyone knows the contract not bankruptcy proof. The problem is if pilots take the EO they could lose 100% of income and healthcare. I they stay they still have an income and healthcare unless the company goes into liquidation.........and in that case it would be better if they stayed too!
Denny
Denny
Denny,
Why is it a forgone conclusion to everyone that a bankruptcy judge would throw out the EO completely and cease all payments and not just reduce the pay by X% like everyone else still active? (Serious question). This isn’t the DB...on the grand scale, the early out isn’t an expensive item.
#20
Gets Weekends Off
Joined APC: Sep 2015
Position: UNA
Posts: 4,408
Thread
Thread Starter
Forum
Replies
Last Post