Thread: Downgrades
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Old 07-07-2020 | 07:05 AM
  #19  
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Excargodog
Perennial Reserve
 
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Originally Posted by Benver
Thats a good point, but probably a very hard math for you and I to figure out. Even for them because they would not certainly know how many of the senior guys would take them, except based on the historical data of these last months.
anyways crossing fingers here

An ALV reduction is probably a little easier to calculate. Furloughing the bottom 500 on the list and downgrading 250 captains until summer 2021 would save the company about $40 million. Dropping the ALV to the minimum guarantee would save the company about the same amount without all the WARN requirements and training churn this coming Spring.
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