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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.
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???
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.
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???
I only wonder if something else is in the works.
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.