| Fellow Pilots,
We want to provide clarification regarding several items related to our most recent communication:
- The payout of the retention bonus is contingent upon ratification of the Tentative Agreement (TA). Therefore, ratification of the TA will be required for the retention bonus to be paid on October 1, 2026.
- If you resign or quit prior to the ratification of the TA, you will not be eligible for payment of the retention bonus.
- Note that if you submit your resignation notice to the Company with a resignation date the occurs after ratification of the TA, the Company retains the right under Section 25. U. of the current CBA to accelerate your resignation date to an earlier date thereby causing you to become ineligible for payment of your retention bonus. Any pilot considering resignation from the Company should factor this into his or her decision as it may result in the loss of your retention bonus.
- The retention bonus accrual period ends on June 30, 2026. Any retention bonus earned will be based on accruals through that date, subject to ratification of the Tentative Agreement.
- The negotiated retroactive pay applies only to the pay rates contained in the TA and will be retroactive to July 1, 2026. For example, if ratification were to occur later in July, the new pay rates would still be applied retroactively to July 1, 2026.
The Section 25.U. language in the current CBA is below:
U. Resignations
- A Pilot resigning his employment with the Company shall provide written notice to the Chief Pilot specifying the last date that he shall be available for Duty (his resignation date).
- The Company shall deem his resignation effective on the date that the Pilot specifies in his resignation notice (i.e., the “Effective Date of Resignation”) unless, the Company chooses to accelerate the Pilot’s stated resignation date and the Pilot has given a minimum of two (2) weeks’ notice, the Pilot shall be paid in accordance with Section 3, Compensation, for the difference between his stated resignation date and his actual resignation date.
- A Pilot resigning his employment with the Company shall receive his accrued Vacation pursuant to this Agreement. Unless provided for otherwise in this Agreement, all Company-provided medical benefits shall continue through the last date of the Month in which the Pilot’s resignation occurs.
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