INAX writes"I believe you may be very mistaken. There are probably close to 1000 early retired wide-body captains at Delta that have retired in the last 18 months"
The number that have taken early retirement in the last 18 months and are UNDER 56 YEARS OLD is around 150 total give or take a few. (The max age for entry as a D.E.C. is 55 at EK) Of those, I very much doubt more than 5 or 10 would make the move here. This is just my opinion. Under the current bankruptcy laws in the states, when a company is operating under chapter 11 protection, the retirement assets are frozen and can only be released if the judge overseeing said bankruptcy approves. I doubt very much any judge will allow pensions to be paid out until an agreement has been reached between DL and its pilots or the company emerges from chapter 11. ( or the judge could allow DL to cancel its working agreement) As a result, I think guys would be reluctant to leave until they know what is going to happen to the DL pension. This being the case, I doubt the package here--even an "enhanced" one as is rumoured--would cause guys to leave the majors in the states en mass. I think our recruitment department has their work cut out for them.
Good luck to us all.
330
P.S. This thread was orginally about profit share--sorry to deflect its intent to this degree. ( I'm counting on at least 16 weeks----it'll take at least that to pay off my credit card debt.)[/quote]
Again, let me correct you. Over the last two years close to 1000 Delta wide body captains HAVE retired. Many if not most are under 56. They were able to obtain their lump sums but now much of their monthly annuities are at risk. There are already about a dozen at SIA, some at Icelandic (Air Atlanta) some at MaxJet some at EOS. Even some awaiting slots at RyanAir. So when you state they are not out there, you are mistaken. The only difference I see flying for EK (what is posted here) and flying for the legacies international is living in Dubai. Most if not all of the int'l pilots I have known have flown close to 900 hours-so that's not an issue, many are former military that have spent years in places outside of the states-not an issue, most have flown all over into different time zones (with no controled rest)-not an issue, most have dealt with a management that could give a rat's a** about the same issues brought up here-not an issue. So again, please tell me why you believe there will not be an influx of DECs from DAL, UAL, NWA, Gemini, Polar, Atlas, Tradewinds? It will be interesting to see the numbers in attendance in Atl with the open house. If anyone is interested I will be able to find out.
IXNAT
No this is not Mr. Ed, but I do know him, I believe.