To minimize the number of forced cuts, large airlines have been offering a variety of early departure packages. United’s agreement with the Air Line Pilots Association International (ALPA) includes an early retirement deal for pilots 62 and older, as well as a slew of different options for pilots to voluntarily reduce their hours or take a leave of absence during which they would potentially receive health benefits as long as they keep up their training, covered by United. Bryan Quigley, United’s senior vice president of flight operations, sent the terms to pilots in a memo late Thursday which …read more
Source:: Yahoo Finance