Originally Posted by
gloopy
As you know, that is true WRT pay rate cuts and other concessionary things, usually coupled with furloughing to the bone anyway, and locked into the CBA until future cycles that has to be fought for tooth and nail even during a roaring economy later. An ALV reduction could be a rolling 60 days at a time by mutual agreement, have a fixed snapback point anyway, and would be 100% self correcting in a good economy. No BK judge would ever lock in 50 hour ALV's for an entire CBA cycle because the company would never ask for it and would fight against it.=10pt
Semantics. What is your paycheck? Less. Whether you take an hourly pay cut or have a lower ALV makes little difference. We would be better off banking the extra money now. As you know, what we do will not prevent bankruptcy. Didn’t work last time for us.
Never has for any airline. At this time management doesn't seem worried enough to take the 0% loan from the government. Why?. Too many strings. But they want 20% of your paycheck with no strings attached.
They have stated several times we are going to shrink. A lot. Save - your - money. Prepare. Use your higher ALV to bank whatever you can. Having a smaller paycheck now will not help one of us.