Early Outs
06-03-2020, 03:09 PM
#4
Banned
Joined APC: Feb 2011
Position: 756 Left Side
Posts: 1,629
06-03-2020, 03:55 PM
#7
Gets Weekends Off
Joined APC: Jun 2008
Position: F-16
Posts: 201
Originally Posted by cadetdrivr
The company does not want to spend the cash to fund early retirements.
(Or at least that's the current posture.)
(Or at least that's the current posture.)
06-03-2020, 04:01 PM
#8
Gets Weekends Off
Joined APC: Jan 2019
Position: 757/767
Posts: 185
Originally Posted by Dicecal
SK has been saying all along he see’s no value in early retirement options. Looks like it’s a dead issue...
06-03-2020, 05:15 PM
#9
Banned
Joined APC: May 2014
Position: Tom’s Whipping boy.
Posts: 1,182
Originally Posted by Deathray
He also said we need to be ready to quickly react when the market comes back and that certain work groups had unique training requirements that other work groups didn’t. I don’t think he wants to cede anything to other airlines while retraining recalled pilots. There will be pilot furloughs, but not as deep as first thought. Other work groups might cut pretty deep. Hold the line. Protect the UPA.
Then again, he prolly thinks the SWA mgt. are a bunch of nit-wits, with the early out program announced today.
Extended time off:
55 tfp/mo for up to 5 years
Early retirement/separation:
67 tfp/mo for any eligible pilot 55 and over for up to 5 years.
company paid medical until age 65 for those over 55. (Edit, for up to 5 years max)
our monthly guarantee is 87-89/month.
$192k/year to retire early....wish I was a few years older!
06-03-2020, 06:03 PM
#10
Gets Weekends Off
Joined APC: Apr 2015
Posts: 491
Originally Posted by ERAUAV8TR
Really? No money for early out retirement packages?
via town hall
via town hall
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