The Houston-based international carrier smelt a rat when a spate of its cockpit crew members dissolved their marriages between 2005 and 2007, only to remarry shortly after their spouses had obtained up to $900,000 under a loophole permitting lump sum pension payouts to divorced partners of staff members.CONTACT: Leave me a Houston or Texas media news tip | COMMENT: Click to leave your thoughts on this post here
Continental fired the pilots and sued, claiming it had been duped into distributing between $10m and $11m under false pretences. But at a federal court in Texas, a judge has sided with the pilots, ruling that, irrespective of its employees' motives, Continental cannot hold itself up as an arbiter of marital authenticity. READ THE REST
Tuesday, October 20, 2009
Continental flies into the heart of pilot divorce
Houston-based airline Continental is in the news for something kind of odd. Seems Continental Airlines pilots have been accused of getting short-lived 'sham' divorces to collect large pensions: