AA recalls
08-21-2011 | 02:23 PM
#401
Gets Weekends Off
Joined: Dec 2010
Posts: 546
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From: Reverse Cowgirl
Quagmire - union rep put out a msg that 500+ guys are over 60 and 100 guys under 60 have 'locked-in'. A 'locked-in' guy doesn't have to retire. If they choose they can relock every month. Forget to relock and they're retired at the end of the month. No mulligans... guys have tried. Adios.
Prior to retirement there are three statuses -
1. They're here (retire any day with the end of month value). Under age 50 is quit, after 50 is retired.
2. Locked in(retire any day and get the end of month value from 3 months prior). You can lock in, and relock, your entire career. Most guys do it for the last year or so prior to retirement.
3. Over 60 and automatically get the end of month minus 90 days prior value(that's what makes the company sweat with 500+ guys, mostly senior, and w/b, CA's in that bracket)
There is no 'notice'. Guys get the 'locked-in' status mixed up. You can lock in for years.
With the 60+ guys, and under 60 guys that are locked in, both having access to the market value 90 day look back feature there's significant attention being paid to the decision to retire NLT than Oct 31(get July 31 unit value) or earlier.
We'll have to wait and see how many additional guys leave EOF Aug/Sep/Oct due to the current market conditions. We're averaging 20-25(?) right now. Guys are guessing normal (60-75?) or up to 200, but it's just guessing. Financial advisor stated there's lots of attention, he thinks the number will be 'significant', but no one knows what the number will be.
Clear as mud?
Prior to retirement there are three statuses -
1. They're here (retire any day with the end of month value). Under age 50 is quit, after 50 is retired.
2. Locked in(retire any day and get the end of month value from 3 months prior). You can lock in, and relock, your entire career. Most guys do it for the last year or so prior to retirement.
3. Over 60 and automatically get the end of month minus 90 days prior value(that's what makes the company sweat with 500+ guys, mostly senior, and w/b, CA's in that bracket)
There is no 'notice'. Guys get the 'locked-in' status mixed up. You can lock in for years.
With the 60+ guys, and under 60 guys that are locked in, both having access to the market value 90 day look back feature there's significant attention being paid to the decision to retire NLT than Oct 31(get July 31 unit value) or earlier.
We'll have to wait and see how many additional guys leave EOF Aug/Sep/Oct due to the current market conditions. We're averaging 20-25(?) right now. Guys are guessing normal (60-75?) or up to 200, but it's just guessing. Financial advisor stated there's lots of attention, he thinks the number will be 'significant', but no one knows what the number will be.
Clear as mud?
As of the Aug. 10 class, there are currently 807 pilots on furlough who've not been offered recall. There are 823 pilots remaining on deferred status.
There are 249 AE flow-throughs eligible to flow up to AA. 149 of these will be offered employment after the most junior furloughed pilot is offered recall. The remaining 100 AE pilots have seniority numbers junior to the junior red (TWA) pilot and will be intermixed with the remaining blue (native AA) pilots.
The Aug. 24 class (13 pilots) and Sept. 7 class (18 pilots) have been filled. They are calling for the Sept. 21 & Oct. 5 classes. An Oct. 19 class is planned.
Reports on Aug. 18 & 19 seem to conflict on the acceptance rate for the October 5 class. One caller saying it is higher (35%) and another lower than expected. I guess it depends more on what the company expects than on what the model projects. With the pilots being called for October 5, the model is still working.
Latest projection is the junior furloughed red pilot will be offered recall in the November 9 class, beginning the recall of the remaining AA pilots and opportunity for the next group of AE pilots.
The Be Prepared model says the last furloughed pilot may be offered recall in March 2012. Then, the next group of AE pilots. The model is now using a 75% acceptance rate for the junior 149 AE pilots and projects they will be offered classes in July 2012.
Some previous deferred pilots are accepting recall. A few are returning to immediate military leave. Some (may have) previously deferred in order to give proper notice, return from overseas flying, complete military service or to be more 'senior' in their recall class. Others are lurking to see what happens regarding a new contract and hoping for LOS credit.
You can see much of this HERE.
There are 249 AE flow-throughs eligible to flow up to AA. 149 of these will be offered employment after the most junior furloughed pilot is offered recall. The remaining 100 AE pilots have seniority numbers junior to the junior red (TWA) pilot and will be intermixed with the remaining blue (native AA) pilots.
The Aug. 24 class (13 pilots) and Sept. 7 class (18 pilots) have been filled. They are calling for the Sept. 21 & Oct. 5 classes. An Oct. 19 class is planned.
Reports on Aug. 18 & 19 seem to conflict on the acceptance rate for the October 5 class. One caller saying it is higher (35%) and another lower than expected. I guess it depends more on what the company expects than on what the model projects. With the pilots being called for October 5, the model is still working.
Latest projection is the junior furloughed red pilot will be offered recall in the November 9 class, beginning the recall of the remaining AA pilots and opportunity for the next group of AE pilots.
The Be Prepared model says the last furloughed pilot may be offered recall in March 2012. Then, the next group of AE pilots. The model is now using a 75% acceptance rate for the junior 149 AE pilots and projects they will be offered classes in July 2012.
Some previous deferred pilots are accepting recall. A few are returning to immediate military leave. Some (may have) previously deferred in order to give proper notice, return from overseas flying, complete military service or to be more 'senior' in their recall class. Others are lurking to see what happens regarding a new contract and hoping for LOS credit.
You can see much of this HERE.
08-21-2011 | 06:57 PM
#402
Gets Weekends Off
Joined: Mar 2011
Posts: 1,884
Likes: 0
From: Left seat on a kite
As of the Aug. 10 class, there are currently 807 pilots on furlough who've not been offered recall. There are 823 pilots remaining on deferred status.
There are 249 AE flow-throughs eligible to flow up to AA. 149 of these will be offered employment after the most junior furloughed pilot is offered recall. The remaining 100 AE pilots have seniority numbers junior to the junior red (TWA) pilot and will be intermixed with the remaining blue (native AA) pilots.
Latest projection is the junior furloughed red pilot will be offered recall in the November 9 class, beginning the recall of the remaining AA pilots and opportunity for the next group of AE pilots.
You can see much of this HERE.
There are 249 AE flow-throughs eligible to flow up to AA. 149 of these will be offered employment after the most junior furloughed pilot is offered recall. The remaining 100 AE pilots have seniority numbers junior to the junior red (TWA) pilot and will be intermixed with the remaining blue (native AA) pilots.
Latest projection is the junior furloughed red pilot will be offered recall in the November 9 class, beginning the recall of the remaining AA pilots and opportunity for the next group of AE pilots.
You can see much of this HERE.
08-22-2011 | 03:02 AM
#403
Gets Weekends Off
Joined: Jul 2006
Posts: 2,949
Likes: 9
It has to do with where on the furlough list both groups fall under.
When we first furloughed, a whole bunch of AA AND TWA pilots hit the streets. We've recalled through all of them.
Below that group -where we are today - there is a HUGE block of TWA Pilots on the furlough list, and we have been currently working our way through them right now as we recall.
BELOW those TWA Pilots are another block of approx. 385 AA pilots that represent the bottom of the furlough list. These are the pilots that were hired AFTER April 2001 (the date of the AA/TWA "integration.") We will start recalling that group by this fall.
After that group is recalled, approx. 142 AE pilots flow through.
After that, we start hiring off the street. (approx. next May.)
Hope this answers your question.
73
08-22-2011 | 05:23 AM
#404
Gets Weekends Off
Joined: Mar 2011
Posts: 1,884
Likes: 0
From: Left seat on a kite
If I understand your question correctly, you are curious as to why TWA pilots are currently getting recalled vs AA pilots?
It has to do with where on the furlough list both groups fall under.
When we first furloughed, a whole bunch of AA AND TWA pilots hit the streets. We've recalled through all of them.
Below that group -where we are today - there is a HUGE block of TWA Pilots on the furlough list, and we have been currently working our way through them right now as we recall.
BELOW those TWA Pilots are another block of approx. 385 AA pilots that represent the bottom of the furlough list. These are the pilots that were hired AFTER April 2001 (the date of the AA/TWA "integration.") We will start recalling that group by this fall.
After that group is recalled, approx. 142 AE pilots flow through.
After that, we start hiring off the street. (approx. next May.)
Hope this answers your question.
73
It has to do with where on the furlough list both groups fall under.
When we first furloughed, a whole bunch of AA AND TWA pilots hit the streets. We've recalled through all of them.
Below that group -where we are today - there is a HUGE block of TWA Pilots on the furlough list, and we have been currently working our way through them right now as we recall.
BELOW those TWA Pilots are another block of approx. 385 AA pilots that represent the bottom of the furlough list. These are the pilots that were hired AFTER April 2001 (the date of the AA/TWA "integration.") We will start recalling that group by this fall.
After that group is recalled, approx. 142 AE pilots flow through.
After that, we start hiring off the street. (approx. next May.)
Hope this answers your question.
73
08-22-2011 | 05:49 AM
#405
Gets Weekends Off
Joined: Dec 2007
Posts: 6,430
Likes: 124
From: Window seat
They are integrated. The seniority list had a bunch of AA guys on the top, a ratio in the middle (5:1 ?), followed by the remaining TWA guys(1300 ?), followed by the 385(?) AA pilots hired after the April 2001 integration date.
So it's one list(unlike the USAIR issue) but there are blocks of AA or former TWA pilots on the list.
So it's one list(unlike the USAIR issue) but there are blocks of AA or former TWA pilots on the list.
08-22-2011 | 06:01 AM
#406
Gets Weekends Off
Joined: Jul 2006
Posts: 2,949
Likes: 9
Sliceback... close: 47% of TWA pilots (around 900) were integrated at 1:8, and the remaining 53% (around 1300) were stapled. Right now we're 3/4 of the way through the remaining TWA pilots, then come the 385 bottom natives.
08-24-2011 | 05:32 PM
#407
On Reserve
Joined: Sep 2010
Posts: 16
Likes: 0
From: B737 FO
FWIW...ran into one of the 60+ guys at AA and asked him about leaving early. Said he would love to stick around til 65 but is going to bail so he can get the lookback provision on the retirement. Perhaps there are many more that will follow suit.
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