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Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   United (https://www.airlinepilotforums.com/united/)
-   -   Two New TA's Reached (https://www.airlinepilotforums.com/united/130344-two-new-tas-reached.html)

Octaflugaron 07-13-2020 02:22 PM
Originally Posted by LUVPLANES (Post 3091216)
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.

All In 07-13-2020 02:28 PM
22

(filler filler)

JoePatroni 07-13-2020 02:31 PM
“Bankruptcy protection?” That’s comical.

mmm123 07-13-2020 03:58 PM
Originally Posted by Octaflugaron (Post 3091209)
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.

KonaJoe 07-13-2020 05:57 PM
Originally Posted by JoePatroni (Post 3091223)
“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.

exalhoa 07-13-2020 06:40 PM
Originally Posted by Octaflugaron (Post 3091157)
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

JoePatroni 07-14-2020 04:27 AM
Originally Posted by KonaJoe (Post 3091333)
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.

CANEWT 07-14-2020 04:47 AM
Originally Posted by KonaJoe (Post 3091333)
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

Huell 07-14-2020 06:10 AM
Originally Posted by KonaJoe (Post 3091333)
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.
Just guessing here ... you haven't been through a bankruptcy, have you?

KonaJoe 07-14-2020 07:02 AM
Originally Posted by Huell (Post 3091523)
Just guessing here ... you haven't been through a bankruptcy, have you?
Fair enough, but an option to come back doesn't seem that wild considering if BK courts tossed it, nobody would ever take an early out again.


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