Originally Posted by mikea72580

-They started with a huge doses of gloom and doom by saying our revenue is basically $0 right now. When asked about the MRO revenues, increasing cargo flights, and American Express money. “We‘ll have to get back to you on that”.

-Wanted to correct “misinformation” from the MEC. No specifics thereafter on what exactly was misinformed. Went on to characterize the PAYROLL GRANT as more of a general cash infusion into the business, rather than a benefit specifically for labor. Said we are currently losing 5 Billion per quarter, and that the payroll grant would essentially wipe out all loses for 2nd quarter, then we are on our own. So, in their minds the payroll grant should be considered an item on the balance sheet who’s jobs is to cover all loses across the organization.

-But they saved the best for last. When asked why they aren’t doing SILs, they claimed it would only save 10 million per month and wasn’t worth upsetting the other 25,000 employees. So, the speculation is over, that’s why they pulled the SILs. No mention that the other employees would recoup close to 100% of their regular pay with federal/state unemployment and then return to work with no expectation to have work hours cut. American and United will eventually state how much SILs saved them and it will be at least 30 million/month.

-Seemed to be a very irritated tone.