Breaking News on Continental

[Flopgut]

CAL loathes sick leave use. They do not want a bunch of senior louses hanging around calling in sick 6 times a year. The early out package will be better than in previous times.

 

[SuperFLUF]

CAL loathes sick leave use. They do not want a bunch of senior louses hanging around calling in sick 6 times a year. The early out package will be better than in previous times.

I hope so.

The dysphoria of seeing anyone furloughed would certainly cause my sick leave usage to go up.

 

[conman]

The only reason a company would offer a buyout is that they plan on paying the next guy less in compensation or benefits. So, do you really advocate a buyout???

 

[Flopgut]

The only reason a company would offer a buyout is that they plan on paying the next guy less in compensation or benefits. So, do you really advocate a buyout???

Uhhh? Is that already not happening???

The bottom third of the list can't earn 50% of what the top third will make in career!

We passed that marker in the last contract. Age 65 put it one lap down.

 

[Superpilot92]

anyone think CAL is making this move now so they can clean house and use oil as the excuse? CAL has wanted to get rid of the smaller 737s for a while. Oil is dropping seems kinda fishy. either way Good luck guys/gals.

 

[CAL EWR B737]

According to Airline Pilot Central, there's 5,079 active pilots. Eight percent of that is 406 by my calculation. Man I hope it's less.

This is right out of union busting 101. Will there be furlough's? Maybe but it will not be the number you are posting.

You are not taking into account how many Company Offered Leave of Absences, early retirements etc. In 1995 I took a COLA we were able to reduce the Furlough from about 300 to 150.

 

[SuperFLUF]

The only reason a company would offer a buyout is that they plan on paying the next guy less in compensation or benefits. So, do you really advocate a buyout???

Sure.

People choosing to leave with adequate finances is certainly preferable to people being forced to leave after suffering through a year of probationary pay.

 

[conman]

Flopgut you miss my point.

The pilot who replaces the senior widebody CA would have to be paid an hourly rate of pay less than the current pilot or recieve less in benefits to make it worthwhile for Continental in this case to offer a buyout. I don't think you really want that. Yes you might get to move up a seat. But are you willing to do that job for less than it pays now????

 

[contrail67]

I only wonder if something else is in the works.

I will be surprised since it falls on the heels of UAL's announcement, that they are related in some way.

 

[Bavarian Chef]

While this entire situation sucks, I am very impressed to see these guys (Larry and Jeff) sharing in the pain. I somehow don't think we'll see this repeated many times in this industry.

Yeah, when two millionaires forgo some pocket change it brings a tear to one's eye.

I got 3 buddies there that will forgo their pocket change this fall I guess.