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07-13-2020 | 02:22 PM

#31

Octaflugaron

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Joined: Jan 2018

Posts: 108

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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

Line Holder

Joined: Feb 2012

Posts: 285

Likes: 10

From: Clear Right

22

(filler filler)

07-13-2020 | 02:31 PM

#33

JoePatroni

Gets Weekends Off

Joined: May 2009

Posts: 2,032

Likes: 18

“Bankruptcy protection?” That’s comical.

07-13-2020 | 03:58 PM

#34

mmm123

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Joined: Jan 2019

Posts: 177

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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: Jun 2019

Posts: 286

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From: Guppy.

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

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Joined: Dec 2016

Posts: 15

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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: May 2009

Posts: 2,032

Likes: 18

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: Jan 2015

Posts: 103

Likes: 0

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