Pvsl2
10-03-2020 | 07:57 AM
#12
Line Holder
Joined: Nov 2016
Posts: 37
Likes: 0
From: United B757/B767 Captain
If we retire roughly 400+/year.....and the calendar has moved a few months forward.....one would expect that several dozen have moved into the age 62 window that weren't previously in it. I know of one pilot who applied for it, but was on LTD at the time, and denied the program. She is since off LTD and her name is now on this list.
10-08-2020 | 06:10 PM
#14
Thread Starter
Widebody
Joined: Apr 2010
Posts: 777
Likes: 0
From: 777 CAP
Not trying to stir things up
but...
The company was willing to pay for 655x24=15720 months of 58 hours of pay and 655x60=39300 months of medical.
They only have to pay 363x24=8712 months of pay and 363x60=21780 months of medical.
but...The company was willing to pay for 655x24=15720 months of 58 hours of pay and 655x60=39300 months of medical.
They only have to pay 363x24=8712 months of pay and 363x60=21780 months of medical.
10-08-2020 | 06:26 PM
#15
Gets Weekends Off
Joined: Feb 2012
Posts: 3,599
Likes: 205
From: 787
I am absolutely blown away at how small the take number was on this.....I figured people were going to be denied.
10-08-2020 | 08:43 PM
#16
Gets Weekends Off
Joined: Sep 2020
Posts: 145
Likes: 0
Surprised? Really? Of all people that’s a bold statement coming from you. IIRC you we’re one of those trumpeting how great EO2 was and that alone was reason enough to vote this LoA in. Well, don’t be so shocked when many more of your prophesies don’t come true wrt this LOA. I do admire your honesty though. As for me, not surprised at all that many EOs were left on the table.
10-09-2020 | 04:37 AM
#17
Gets Weekends Off
Joined: Aug 2015
Posts: 1,561
Likes: 0
From: Captain
24 months not good enough sorry
36 months of 50 hours per month and 5 years of insurance coverage would have been the minimum that they should have offer
not surprised at all with the 363 takers only
Last edited by Sniper66; 10-09-2020 at 04:51 AM.
10-09-2020 | 05:26 AM
#18
Gets Weekends Off
Joined: Aug 2020
Posts: 2,657
Likes: 116
A better package would most likely have cost the company more than a big furlough, and we’re just an expense line on a spreadsheet to them. They are looking at this as a short term deal to put off making long term decisions for 6 months hoping for better data. If things don’t show a big improvement and a positive trend by spring, they announce a massive furlough, terminate the LOA, and we will be in the same place by fall as we would have been without this deal. Given the impact of long lasting global lockdowns and the recurring spikes in the virus on business travel, my bet is that the furlough of the allowed 2,000 Pilots is inevitable regardless of a vaccine or treatment. The furlough of 3,900+ before 2021 is over is still a big threat.
10-09-2020 | 05:42 AM
#19
Banned
Joined: Aug 2015
Posts: 294
Likes: 0
I’ll bet a lot of guys didn’t take it out of spite for TA in general. Now these people will stay here and complain about low LPAs when they could have had more money to stay home lol.
10-09-2020 | 05:58 AM
#20
Gets Weekends Off
Joined: Aug 2020
Posts: 2,657
Likes: 116
I thought that more of those with 2 years left would look at the early out as a good deal. If they thought that the LOA could last a while, retiring at low pay for 2 years beats the heck out of flying for 2 years with a low line value. I guess that more people thought that this deal wouldn’t last 2 years, that they would be able to get open time and make more money than the early out, or they just didn’t want to retire yet.
