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AVSIG Discussion Sections >> Training & Proficiency

Richard Duxbury (Dux)
Top Gun


Reged: 05/15/04
Posts: 5468
Loc: Minneapolis/Tucson
Re: ATP requirements may be reduced
      11/21/17 11:59 AM

Thanks Scott -yes that is a good example. The loss of pilot pensions came from some chapter 11 stuff -varied by airline. The UAL pilots spent a big portion of their pension funds in a stupid employee buyout attempt. Thus in chapter 11, the judge agreed that their pension was bust.

Delta pilots seeing a possible chapte 11 coming, -many taking early retirement and using the lump sum option that was offered. The fund got drained and, yes, chapter 11 judge agreed with the company that the pension must be terminated.(now badly underfunded.)

Northwest pilot group also had a well funded pension fund. Limited lump sum options and when in chapter 11, the judge allowed the pensions to continue (since it was indeed well funded by industry standards). The pensions of working pilots was frozrn at existing rates.

You are correct in your analysis of commercial pilots in the 60's and 70's. White male -many with military experience. Not the case so much today -various age groups (yes some retired military and 44 years old), many more women, -but still hard to find black qualified pilots I think.

Regards,

Dux from Tucson -but holiday season in Minnesota, DCA, and Charlottesville, VA.

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Entire topic
Subject Posted by Posted on
* ATP requirements may be reduced Dave Siciliano (ADS) 11/10/17 03:22 PM
. * * Re: ATP requirements may be reduced Richard Duxbury (Dux)   11/14/17 10:30 PM
. * * Re: ATP requirements may be reduced Scott Dunham (RDU)   11/19/17 12:37 AM
. * * Re: ATP requirements may be reduced Richard Duxbury (Dux)   11/21/17 11:59 AM
. * * Re: ATP requirements may be reduced Randy Sohn   11/15/17 03:32 PM
. * * Re: ATP requirements may be reduced Jeff Hartmann CIC   11/15/17 10:12 PM
. * * Re: ATP requirements may be reduced Randy Sohn   11/16/17 12:08 PM
. * * Re: ATP requirements may be reduced Terry Carraway   11/12/17 09:41 AM
. * * Re: ATP requirements may be reduced Dave Siciliano (ADS)   11/12/17 11:45 AM
. * * Re: ATP requirements may be reduced Ralph Jones   11/12/17 12:48 PM
. * * Re: ATP requirements may be reduced Dave Siciliano (ADS)   11/12/17 02:26 PM
. * * Re: ATP requirements may be reduced nehoC hctiM   11/12/17 10:28 AM
. * * Re: ATP requirements may be reduced Randy Sohn   11/10/17 06:04 PM
. * * ATP requirements may be reduced Bob Dubner   11/11/17 11:21 PM
. * * Re: ATP requirements may be reduced Russell Holton   11/13/17 02:57 PM
. * * ATP requirements may be reduced Ward Miller POU-NY   11/12/17 11:21 AM
. * * Re: ATP requirements may be reduced Terry Carraway   11/13/17 01:43 PM
. * * ATP requirements may be reduced Ward Miller POU-NY   11/13/17 05:24 PM
. * * ATP requirements may be reduced Ray Tackett   11/12/17 09:08 AM
. * * Re: ATP requirements may be reduced Tom Charlton   11/12/17 06:08 AM
. * * Re: ATP requirements may be reduced nehoC hctiM   11/11/17 11:05 AM
. * * ATP requirements may be reduced Ray Tackett   11/11/17 04:36 PM
. * * Re: ATP requirements may be reduced Randy Sohn   11/11/17 06:35 PM
. * * ATP requirements may be reduced Ray Tackett   11/11/17 07:32 PM
. * * Re: ATP requirements may be reduced Randy Sohn   11/11/17 07:56 PM
. * * Re: ATP requirements may be reduced Randy Sohn   11/11/17 02:51 PM
. * * Re: ATP requirements may be reduced Bill Bridges - 9S1   11/10/17 07:40 PM
. * * Re: ATP requirements may be reduced Randy Sohn   11/10/17 10:31 PM

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