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I just wish we had a union that would do stuff like that for us instead of always taking the companys side. I like the one where the pilots at another carrier got sham divorces so they could take advantage of a life change provision and save themselves a few bucks too.
It was my understanding that you can opt for a lump sum or payments for the rest of your life. Thats why I said buyout, they pay once and they are done. They earned whatever you want to call them.There wasn't any buyouts, they retired under the normal provisions of the contract, same as had been done for decades.
The FAA has no authority to audit foreign MROs to the extent they do those physically in the USA, nor is the FAA likely to be given that authority with regard to its operations in a sovereign foreign country.
They cannot mandate drug testing, must give notice of their intent to audit (giving plenty of time to cook books), and have no authority to levy fines.
The fines levied on US companies go into the FAA's operation budget - why would they fool around with foreign repair stations when there's no authority to extract money from them?
The 9/11 hijackers, shoe bomber and the underwear bomber prove that 90% of the security mandates for airlines are nothing more than the illusion of control. Anyone determined enough is going to find a way to do what they want to do, whether the aircraft is in the US or abroad.