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Any theories on how the merger will motivate some the senior guys to retire? Other than they're just worn out from decades schlepping around airports and wondering where their next home base it going to be....how many will bail once the merger is announce, they had projected 4 retirements on the last bid.
Any theories on how the merger will motivate some the senior guys to retire? Other than they're just worn out from decades schlepping around airports and wondering where their next home base it going to be....
Short term VRF for June?
...consider the pot stirred.
Well, this is speculative... but here are some facts. UAL, has no A fund. So in a joint collective bargaining agreement they could give all 13,000 pilots an "a" fund. ----Not likely.
Most likely, the A fund would be spun off to a third party, then it's off the books at the combined airline. In past cases, I don't ever recall a 3rd party paying out those funds in a lump sum. It would be in an annuity. Maybe it can be bargained to be a lump sum, but in my meager opinion, probably not.
I think the above is going to cause a lot of over 60 guys to take a close look at the lump sum amount, versus the prospect of being stuck with a 3rd party administered annuity. I see recalls and more than the projected 4 retirements at CAL happening.
Discuss.
For those of us new to mergers etc., what happens to the pilots on furlough right now? Are they on the street and then re-hired with priority?....
Short term VRF for June?
...consider the pot stirred.
For those of us new to mergers etc., what happens to the pilots on furlough right now? Are they on the street and then re-hired with priority? I wonder how many of the total furloughs would come back. I heard alot of guys took contracts overseas. All hearsay on my part. I just wonder how likely it would be to get hired under the new United. I guess we will have to see what the MEC's pound out. I hope they protect the already employed there and preserve the livelyhood of the guys on furlough and the potential new hires.
The VRF's are only being offered in certain BES's (base, equip, seat) in a very limited quantity. They will continue to be offered until a bid can fix staffing. They are not indicative of recall/no recall. I would believe a recall bid is on the way, it is very overdue and needed. This place is short staffed!
Yogi
I would have to agree that the vrf offering this June is much smaller (fewer BES are offered) than I have seen in recent memory.
Consider the pot stirred some more. I have some good friends out on furlough and I have high hopes for them.