Originally Posted by
Gunner747400
Did anyone ever work out the cost of making the whole NJS pilot list redundant?
Seemed like a rather idle threat looking from the outside.....
Redundancy payments in the agreement vary depending on length of service but the highest entitlement is 16 weeks so if you use that to calculate the approximate cost to the company it would work out to be
about $10.2 million based on the 2025/26 FY payrate which would be about when the last 717 would be phased out, however in reality not every pilot would be entitled to 16 weeks.
If the company did elect to wind down NJS it is unlikely that every pilot would hang around to the end to obtain a redundancy payment instead move on at the first available opportunity which in turn would reduce the cost burden to the company.
All in all, the amount mentioned above would probably be seen by some IR people as worth spending to be able strike fear into other pilot groups at future negotiations. A certain someone nearly spent twice that amount on a house so he probably wouldn't even blink at signing that expense off to stick it to another group of workers.