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Old 04-10-2020 | 10:57 AM
  #112  
DenVa
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Joined: Aug 2014
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It seems to me when we were negotiating before this pilots wanted qol gains, no matter what, In a time when we had no real leverage.

Now when we have real leverage to possibly get something, bc the company needs to slow down the burn rate, pilots say no way. Wasted leverage, IMO.

I'm with gloopy, this should be a relatively short term cash flow problem..

temporary ALV reduction put into a deferred compensation bank to be paid out at the rate it went in, or greater, upon furlough, retirement, or two years.

in exchange for,

15 hr long call
drop the 2 hrs and 2 flights, if delta metal
SC above guarantee
Better RCC input
restructure JV limits

This will not prevent furloughs, but will increase qol when furloughees return. some may even increase the number of pilots needed on the other side of this, which brings back people earlier.

of course there is bankruptcy risk, but it should be less then the risk now.

and, yes, I most likely will be furloughed.
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