The numbers for the Early out and SIS would be higher if AA would allow the employee to choose the exit date between now and Sept 2013.
But of course the TWU allows management to control all aspects of everything in our lives.
What amazes me is the number of 45 yr old 20+ seniority AMT's taking the money and leaving AA.
The sing-ups are not all guys that were ready to retire anyway.
They have just started the end of Tulsa, because the TWU will demand the upgrade of more unskilled relatives to attempt to replace these highly skilled professionals. The TWU leader thinks more like a bean counter, than an advocate for the profession.
The loss of retiree medical is whats keeping the older guys from leaving. Whats left of the $40k after taxes wont even cover what the company wants to charge a member and his wife to bring them to Medicare if either is 62 or younger. They didnt offer enough. The incentive will take out those who are still young enough to start new careers and/or have wives with Medical benefits from their jobs and old enough to get it. My guess is mostly those 65 and older and under 50 will make up the majority. Most of those Under 45 are looking to get out as well even without the $40K. This, along with the RIFs will help drive the average age at AA even higher. Young workers, if AA ever gets through their recall list, will see AA's one week of vacation for the first five years, vs at least two everywhere else, one week of sick time, vs at least 10days everywhere else, and 5 holidays at half pay, what comes out to 20 hours a year in extra pay for working all the Holidays vs at least 100 hours extra pay at pretty much everywhere else and then on top of all that see our miserable pay and say "no thank you".
The Older workers who remain will simply get to the point where they dont want the OT either.
Who knows maybe HSS is right, this isnt official. Maybe there will be relocations only and nobody hits the streets. Then of course he would spin this, claim victory and say how they saved jobs because so many volunteered to leave (because they made the job so crappy) that they didnt have to put anyone on the street (and conviently leave out the fact there are 1700 less of us, that we will have less mechanics than UAL/CO and we make around $20k less a year than they do and have do not have any furlough protection, not even Al Blackman (technically). We've seen plans before, such as back in in 2009 with the "White Spaces" dock plan, where the company claimed that if they could not generate enough 3P work to fill all the White Spaces in the dock plan they would need to cut 1200 heads from Overhaul by 2012, and the only way for them to generate that 3P work is if they could bid low with low labor costs-concessions, from us. When we didnt buy that a few months later they came up with a new plan, all the white spaces in OH were gone till 2015 without the 3P work and they needed changes on the line.Turns out they are looking to cut 1700 heads but not because of "white spaces" but outsourcing instead and the only thing stopping them from outsorcing a lot more is capacity (and costs) in the MRO world.
So in this case I would agree with HSS and take this "plan" for what it is, no more certain or creditable than the "White Spaces" plan that never materialized either. The only thing that is certain is more young people are looking to abandon this ship than I've ever seen before.
They should just add the AA Logo to that Aleve Commercial, this is going to be a place full of old men. Sure they may start trying to bring school kids in but we will make sure they know they still have time to pursue another career, unless they want to end up like us.
Sure sounds like a plan for success to me!!