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07-13-2020, 02:22 PM

#31

Octaflugaron

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Joined APC: Jan 2018

Posts: 105

Quote:

Originally Posted by LUVPLANES

If that’s the case it’s a pretty good deal, I would expect a 1000 out 1,400 to take it. If I was 62 I’ll sit at home all day long at 58 hr with bankruptcy protection.

The age definitely needs to be lower than 62, IMHO.

07-13-2020, 02:28 PM

#32

All In

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Joined APC: Feb 2012

Position: Clear Right

Posts: 271

22

(filler filler)

07-13-2020, 02:31 PM

#33

JoePatroni

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Joined APC: May 2009

Posts: 1,825

“Bankruptcy protection?” That’s comical.

07-13-2020, 03:58 PM

#34

mmm123

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Joined APC: Jan 2019

Posts: 177

Quote:

Originally Posted by Octaflugaron

Gotcha, but they are quoting an airline "union official" as saying it will be 62 and over. We'll see soon enough.

Sorry I meant 62 or over.

07-13-2020, 05:57 PM

#35

KonaJoe

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Joined APC: Jun 2019

Position: Guppy.

Posts: 285

Quote:

Originally Posted by JoePatroni

“Bankruptcy protection?” That’s comical.

I'm sure bankruptcy protection means they'll have the option to come back if they lose the program in BK. Doesn't sound that comical.

07-13-2020, 06:40 PM

#36

exalhoa

On Reserve

Joined APC: Dec 2016

Posts: 15

Quote:

Originally Posted by Octaflugaron

I found this reported on Bloomberg Law from last week. It says that the early out will be offered only to United pilots over 62. Did anyone else see this?

"United Airlines Holdings Inc. reached a tentative agreement with its pilots over terms for voluntary leave programs and an “early out” separation plan for senior pilots who are 62 and older, their union said Thursday."

https://news.bloomberglaw.com/daily-...rly-retirement

That's a good find, I hadn't seen that. None of the union communications mentioned it. I am 61 in Sept. and emailed my reps over the weekend to advocate more like a DAL program with years of service rather than a hard age as I am ready to walk. The reply was that unfortunately I will be "too young" to participate in the program. Damn.

FWIW, hired in 97, low 5000 seniority

07-14-2020, 04:27 AM

#37

JoePatroni

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Joined APC: May 2009

Posts: 1,825

Quote:

Originally Posted by KonaJoe

I'm sure bankruptcy protection means they'll have the option to come back if they lose the program in BK. Doesn't sound that comical.

My bad, I thought they were implying their monthly payouts would be protected.

07-14-2020, 04:47 AM

#38

CANEWT

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Joined APC: Jan 2015

Posts: 103

Quote:

Originally Posted by KonaJoe

I'm sure bankruptcy protection means they'll have the option to come back if they lose the program in BK. Doesn't sound that comical.

That is funny times two. What about when, in bankruptcy, they through out the section that says they can come back if there is a bankruptcy.

Everybody has to remember, the company will never agree to any benefit that they haven't already figured out how to get out of.

I'll say that again.

Everybody has to remember, the company will never agree to any benefit that they haven't already figured out how to get out of.

Stay safe and well