What remedy?
Captain has set in place the only reasonable remedy for the extreme harm that has been caused to him. This is going to be really serious for the airline. There will be big $ involved A simple negotiated settlement, a public apology and with other confidential terms may not be enough to satisfy him.
Can anyone suggest the likely court settlement amount, based on any previous cases? Multi million figures comes to mind. The airline would possibly collapse due no insurance company would then be in a position to offer affordable premiums.
The only reason to accept a negotiated settlement might be so that his fellow pilots can make orderly exits from the company. Hopefully they are already doing that. I wonder if they will be replaced with pilots of substance who also understand responsibilities of command, or by weaklings who will wait until the pax expire next time.
It is clear that any offer involving re-employment would have to be unacceptable.