Originally Posted by
ElZilcho
Just to expand on this.
A.) The 75% Roster is a Flexi-Flying/Part-time agreement which also includes a 50% option. I believe the Company are also open to all offers outside of the the normal 50/75. Flexi-Flying, like LWOP, are not specifically linked to COVID and have been Lifestyle options for a few years. While Pilots who sign up for these due to COVID will be accounted for in the cost savings, it's not a new offering.
B.) There's actually 2 options here. Leave with Pay for 2 years on 50% with Recall, or 30% with limited Recall. On 50%, you can be recalled with 2 months notice, must keep your Medical Current and must attend annual refresher courses. If you opt for 30%, you can be recalled with 3 months notice after the 50%'s have been recalled but are not required to attend annual refreshers (still required to maintain your Medical).
The 30% option also includes the ability to convert to LWOP if recalled. You can also take LWOP up to 5 years or a combination 2 years 30% + LWOP to a maximum of 5 years,
C.) There are 2 options here. Early Retirement for Widebody Pilots or Early exit for anyone else. Early Retirement is a larger offering than the Severance pay in our CEA, but paid over 2 years instead of in a Lump sum. Early exit, (aimed at over 65 Airbus Captains I assume), is basically the equivalent of Severance pay, but also paid over 2 years. Given Severance pay (as per the CEA) is not payable to Pilots over 65, this might be a decent Carrot to get them to retire.
You managed to explain the three options about ten times better than the ALPA email.