Any "Latest & Greatest" about Delta?

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01-10-2011, 04:54 PM

#56561

UncleSam

Everyday is a weekend!

Joined APC: Jul 2008

Position: Seasonal Help

Posts: 317

Quote:

Originally Posted by Denny Crane

T,

The PERP program for the pre-72 guys was in the 90's. It was supposed to be for 500 guys but the company let more than that take it. I believe it was something like 578 but am not sure. They did not hang around in the PRP program and get any money. I flew a couple of retirement trips with these guys.

The PRP (post-retirement pilot) program was a result of the exodus of guys prior to bankruptcy.

Denny's right about the pre-72 retirees. That was in the mid-nineties and the incentive included credit for years of service and/or age to bring them closer to age 60 retirement benies. The pre-72 hires did have a better retirement plan which included a larger lump sum as I remember. That plan had been "grandfathered" in the PWA to that point.

The PRPs were in 2004/2005 and their incentive was drawing retirement pay and flying pay both, but that only lasted until the company tossed out the retirement plan in BK in September of '05.

Quote:

Originally Posted by tsquare

Yeah I didn't remember all the particulars... I'm pretty sure that there were some of them that signed on to the program early, but didn't leave for quite awhile.... or at least it seemed that way... If I'm wrong it wouldn't be the first time... Anyway, thanks for the edification. I still wouldn't want to go down that road unless there was some sort of iron clad way to get them out the door.. and wordsmiths always can find a way around any contract language... it's what they do.

Quote:

Originally Posted by sailingfun

The average PRP pilot got to stay for about 6 extra weeks. The exception were check airman some of whom were able to stay up to 9 months. About half the pilots were selected for the program. The other half went out at their dates and could not come back.

I understand your concern T but remember that we all will retire someday. The benefit of a PERP to a select group becomes exagerated as time passes, but we all forget that we moved up when they retired. Neither of us wants the pilot group (at the time) to take away some benefit that we are counting on in retirement. We have to live with that for the rest of our lives. The company took away from all of us in BK. Let's see if we can restore retirement benefits for everyone going forward.

01-10-2011, 05:01 PM

#56562

tsquare

No longer cares

Joined APC: Mar 2008

Position: 767er Captain

Posts: 12,109

Quote:

Originally Posted by acl65pilot

T, You are going to get stuck. Pack extra skivvies. Talking about a foot of snow in the NE.

I am impressed, you got a crossing. Nice!

I'm flying out of CVG

Dodged all the snow pellets on this one...

01-10-2011, 05:07 PM

#56563

KC10 FATboy

Gets Weekends Off

Joined APC: Jun 2007

Position: Legacy FO

Posts: 4,098

I'm glad I have most of the week off.

01-10-2011, 05:26 PM

#56564

satchip

Gets Weekends Off

Joined APC: Apr 2007

Position: Flying the SEC

Posts: 2,350

Bunch of new hires started today. About 25, heard they were Compass/Pinnacle guys.

01-10-2011, 05:28 PM

#56565

KC10 FATboy

Gets Weekends Off

Joined APC: Jun 2007

Position: Legacy FO

Posts: 4,098

Some of them were military

01-10-2011, 05:38 PM

#56566

acl65pilot

Happy to be here

Joined APC: Jun 2006

Position: A-320A

Posts: 18,563

Quote:

Originally Posted by satchip

Bunch of new hires started today. About 25, heard they were Compass/Pinnacle guys.

They are, they are the last group of flows from the last round. (Hold backs)

Did they really start class? If so that is awesome. If I knew that I would have waddled over to Spondivits to meet em.

01-10-2011, 05:39 PM

#56567

acl65pilot

Happy to be here

Joined APC: Jun 2006

Position: A-320A

Posts: 18,563

Quote:

Originally Posted by tsquare

I'm flying out of CVG

Dodged all the snow pellets on this one...

T, you check the radar? White stuff is moving that way........

Don't you have to return to JFK?

01-10-2011, 05:40 PM

#56568

tsquare

No longer cares

Joined APC: Mar 2008

Position: 767er Captain

Posts: 12,109

Quote:

Originally Posted by satchip

Bunch of new hires started today. About 25, heard they were Compass/Pinnacle guys.

Did you go check shoe shines?

Cam Newton ain't looking so invincible tonight.... Since the Ducks beat my Vols.. I think I am pulling for them a little.... but really I couldn't care less... I hope Fairely breaks his foot though.. he's a thug.