Originally Posted by
Eddiewouldgo
How can you say that you don’t support any concessions and then a paragraph later you say you will support an ALV reduction which is a huge concession.....
The company has stated numerous times that preserving cash is a huge priority. Their actions prove otherwise. By not offering SILs to pilots they are throwing away in excess of $10 million a month.
In my mind, an ALV reduction that is paid back with interest is not a concession. It is an investment. An ALV reduction with nothing in return is a concession. Semantics really.
I don’t support any concessions as a trade for few furloughs.
I support an investment to prolong cash flow for the company to be paid back with interest in the recovery.