Originally Posted by
one for the road
Not true, they are offering renewals even to the over 60s.
No, it IS true! Some guys whose contracts expired in May were offered renewals but I know for a fact, as I've talked to the individuals, pilots whose contracts expired in June and July were NOT renewed. I have no idea the strategy in this other than as HighFIve says and they can reduce the expat pilot force month-by-month and retain some pilots in case they ever need some quick support. A story was written today about KAL making $72m operating profit in the April-June quarter, the Cho's and their lackeys will certainly be celebrating receiving some nice bonuses soon! Hey, there's no reason to pay a bunch of foreigners when they can work the locals to the bone and still cash fat checks. Now that the Cho's cannot smuggle duty-free goods and illegal workers into the country, they have to make sure they can still buy vacation properties.