Originally Posted by
DALMD88FO
Just read the May 20th email from ALPA Joe DePete. I found this interesting about the bill that just passed in the House:
Case in point is the U.S. House of Representatives'
recent passage of the HEROES Act, the next iteration of economic relief legislation. Importantly, the bill contains language
preventing CARES Act grant recipients from conducting involuntary furloughs until the exhaustion of the financial assistance they receive through September 30 or later.
So if I'm reading that correctly whatever money Delta received for employee payroll must be depleted before a furlough can occur. I don't know what our payroll currently is but we have a lot of people on unpaid leaves verses what our payroll was the same time period last year.
I suspect this would be very easy for companies to get around. Burning $50M+ per day, management could easily show that they burned through the money, even with the leaves. At the end of the day, it would just come down to a financial shell game; and considering how smart our management is, I’m sure they could easily (and legitimately) show that the grant money was all used up, and be off the hook before Oct 1st.