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Old 08-17-2005, 12:21 PM
  #1  
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Default DAL fearing pilot retirement wave

http://aviationnow.ecnext.com/free-s...icle=DALP08175
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Old 08-17-2005, 01:01 PM
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Hard to tell a Delta pilot anything...

But, watching the process at UAL, many "older" pilots waited to long to take early retirement and lost the abilty to take the lump sum option from the A fund.

It was a delay that cost UAL pilots several hundred thousand dollars (on top of losing the pension). I wonder how many Delta pilots will make that mistake?

Last edited by WatchThis!; 08-17-2005 at 06:24 PM.
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Old 08-17-2005, 02:19 PM
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Default how about AA?

Sure wish we could have the mass exodus at AA.
Tired of being called Junior all the time
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Old 08-17-2005, 10:05 PM
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Didn't we see this a year ago? I thought the rent a retiree program was working.
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Old 08-18-2005, 10:08 AM
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Smile Delta retirements

Hard to tell a Delta pilot anything? In my eight plus years at Delta, I've found the pilots to be very professional, reasonable, and open to intelligent dialogue and exchange of ideas. None of the guys have been obstinate and closed to an open discussion when I've disagreed. What's your opinion based on (WatchThis)? The pilots that can't be told anything are the guys in this business that ***** themselves out to non-union, low-pay, marginal/no-retirement flying jobs because "they love the job" and get to fly a neeto jet, but they're making more money than they ever did waiting tables at Red Lobster, banner towing, or driving an RJ. Try convincing them they're contributing to the degradation of our profession and hurting themselves in the long run...
The pilot early retirement wave has been going on at Delta for the last year or slightly longer, in a steady stream. Most pilots that can, are taking the lump sum and retiring, while others are sucking up overtime flying and staying as long as they dare and planning to bail at the last minute (now). The rest that are going to stay have a variety of reasons for doing so, one because of a catastrophic illness in his family (needs the medical insurance), but the rest haven't sold me on their reasons for staying. No doubt they are risking a lot of cash by staying. The rent-a-retiree program wasn't utilized on a huge scale and is due to expire soon. They covered a lot of flying with overtime. The union and mgmt are talking again on how to best manage a potentially large exodus of capts.
 
Old 08-18-2005, 11:42 AM
  #6  
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Originally Posted by B767flyr
None of the guys have been obstinate and closed to an open discussion when I've disagreed.
No offense, just a little fun with some DAL friends who post on this board. That little smile icon was there to suggest that snippet was in jest.

The important point is that if DAL pilots have the option to take lump sum payout......I would do it now and never look back.
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Old 08-18-2005, 07:18 PM
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Default Delta retirements

I gotcha "WatchThis"...no offense taken. In case anyone's interested, as of Aug 16th, Delta Capt retirements stand at 96 with 77 being guys going early. Wonder if there'll be room in the life raft for them.
 
Old 08-18-2005, 08:17 PM
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Originally Posted by B767flyr
Delta Capt retirements stand at 96 with 77 being guys going early.
Is that for the month or the year to date? Also, do know if the there is a lump sum payout of the A Plan? Of course I'm not talking about the entire A-Fund pay out, but the annuity portion.

Best Regards -
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Old 08-19-2005, 08:33 AM
  #9  
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Default Delta retirements

Those Delta retirement numbers are for just the month of August so far...that number as of August 19 is now 114 retirements, of which 95 are early outs. The lump sum train is leaving the station.
 
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