BluDevAv8r
Well-known member
- Joined
- Nov 26, 2001
- Posts
- 985
FlyBoeingJets said:The big retirements may seem good at CAL, but there may be hidden dangers to a new guy's career. I am not smart on their retirement plan, are they getting an A plan benefit? If so, you need to calculate the drain on the company and, in effect, the younger pilots. Can CAL handle it? They can't handle it at DAL. AA is worried they won't be able to handle it. The older pilots are not bad guys but they will shape your future in many ways. Having a younger (junior) pilot group at JetBlue eliminates that variable.
In CAL's latest negotiations round, they froze their A Plan so no, the pension obligations won't be getting any bigger. Also, DAL's pension obligation is $10b and CAL's is $1b. Big difference.
-Neal