Quote:
Originally Posted by 1234
acl,
rumor on line has it that NWA is approx 10% understaffed for BP5. Any idea how accurate that is?
Also, what would you guess for furloughs, 400 or so or more like 1200 or more?
Thanks,
|
Like I have said before, no furloughs are planned. I mean that. There is not some secret. In fact as of last week, our management stated that our staffing looks to be adequate for post SOC. Read not fat or short. Because this is what they are seeing, they would need to see a need to have another pull down of at least 5% before furloughs would start to make sense. That is based on today's numbers.
Of note we would need to see over a 20% drop in revenue to not make a profit this year. That says a lot.
On the 90''s. 19 is a good number but 26 is better. The talk long ago was that they would be 1 for 1. Now they could bring them on get all of the 76 seat jets they want and then park the 9's or 88's. It really depends on the economy. I do not think that all of the 90's will be flying though. I would not be surprised to see a few out in VCV until the economy improves. We should get them at about 8 mil a copy and 1 mil in mtc work. Even at this deal they are more expensive than both the 88 and 9's due to the low lease rates on the 88's and no payments on the 9.
I agree that it is possible that we will not see a furlough, but I will be surprised. If you look at the world around us, sooner or later people are going to have to stop getting on airplanes. We have seen some of it, but nothing close to what we should have. With all of the layoffs, that is why we are looking at Fall numbers to tell the tail. That is where the effects of the last six months will be seen. As I have said, barring a met down, we are close to required staffing for BP5 where new comes to our staffing rules.