express jet update... so, express jet put out a displacement bid - they are 717 people overstaffed. That goes back into 2006!
Right now they're trying to get pilots out with early retirement and COLA's, but they're still expecting to furlough around 400. Jim Ream has said that they would give 60 days notice before the furlough - which is expected to go into effect on Oct 1. So basically we'll know Aug 1 how this is all going to shake out.
Also found out from the union that if you have a COLA and then get furloughed, you lose COLA status and all the benefits that come with it (health insurance/travel)
__________________  |