Extended Tine Off/Early Retirement Ofer
06-03-2020, 11:24 AM
#111
More Cowbell!!!
Joined APC: Nov 2011
Position: Spreading the LUV from the "Write" seat!!!
Posts: 344
Originally Posted by Zman81
I saw a captain in the crew room who is 62 saying this is all he has. He does not plan on leaving early even though he has 1200+ TFP in his bank.
I hope I’m senior enough to hold an EXTO position, it’s looking like I’m going to apply for one.
06-03-2020, 12:36 PM
#112
At your mom's house
Joined APC: Jun 2008
Position: cpt 737
Posts: 2,663
The other question is if other big 3 file for bankruptcy will SW have to as to not have a huge disadvantage and then be able to cancel all the pay for the VSP? That would hurt a lot for those who retired and were expecting 5 yrs of pay and got almost zero.
also no qualified will be gone as well so those who have a big pile in that might be worth to punch out regardless.
But I agree for those with big sick banks to take Exto and then use suck time for when they get back.
also no qualified will be gone as well so those who have a big pile in that might be worth to punch out regardless.
But I agree for those with big sick banks to take Exto and then use suck time for when they get back.
06-03-2020, 12:37 PM
#113
Gets Weekends Off
Joined APC: Nov 2012
Posts: 2,030
Originally Posted by hoover
How many of those 60+ guys who have 1600 tfp sick bank willing to give the company all that money to retire? They could easily call in sick for every trip and not work for 1.5 yrs and get full pay. Hopefully more guys see the mistake of carrying a huge sick bank as they get older.
06-03-2020, 12:54 PM
#116
Gets Weekends Off
Joined APC: Apr 2013
Posts: 3,445
My dad retired at 60 with enough money to live comfortably into triple digits. He bought a boat and was planning on sailing it around the world. He died before he turned 63. He told us all on the way out that you can't get time back with the ones you love.
This is an amazing opportunity. Take the money and spend time with your grand kids or just take the money and get another job doing something more interesting than listening to a flight attendant berate a hotel front desk about her lack of microwave or worry about when the last time your hotel comforter was washed.
This is an amazing opportunity. Take the money and spend time with your grand kids or just take the money and get another job doing something more interesting than listening to a flight attendant berate a hotel front desk about her lack of microwave or worry about when the last time your hotel comforter was washed.
06-03-2020, 01:05 PM
#117
Strike averted!
Joined APC: Mar 2015
Position: B737
Posts: 3,645
On the upgrade issue, another point is that if the company decides to run 30% fewer aircraft let’s say, those captain seats just won’t be there until the planes come back.
That said, 2000 guys above fifth year pay going away would indeed shorten the current ten-year outlook i would think.
That said, 2000 guys above fifth year pay going away would indeed shorten the current ten-year outlook i would think.
06-03-2020, 01:15 PM
#119
Furloughed Again?!
Joined APC: Aug 2007
Position: Boeing 737
Posts: 4,796
Originally Posted by at6d
On the upgrade issue, another point is that if the company decides to run 30% fewer aircraft let’s say, those captain seats just won’t be there until the planes come back.
That said, 2000 guys above fifth year pay going away would indeed shorten the current ten-year outlook i would think.
That said, 2000 guys above fifth year pay going away would indeed shorten the current ten-year outlook i would think.
My bet is 300-400 leave for good.
Another 600 or so take leave.
Either way, I don't think think ten years is realistic anymore. The early outs stop the clock. I don't think we can even guess how long it'll be until the fleet gets back to full size again. It's going to be a while.
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06-03-2020, 01:20 PM
#120
Gets Weekends Off
Joined APC: Sep 2006
Posts: 1,750
Originally Posted by ZapBrannigan
My bet is 300-400 leave for good.
Another 600 or so take leave.
Another 600 or so take leave.
I'm tentatively planning on bidding on a very long paid vacation.
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