Originally Posted by
rickair7777
Mass furlough letters and their timing can affect stock prices and credit ratings (possibly good or bad).
No company will send letters sooner than the minimum legal/contractual timeline, unless they have an ulterior motive for that.
The WARN requirement is for a 90 day notice to the best of my knowledge, so thats puts the earliest furlough possibility at like Oct 15th if they are received this week. And to the people that said we(AA pilots) said we wouldnt have to furlough bc of VPLOAs, that is just ridiculous, all anybody with a brain said was that they would help mitigate the number down. My best guess is 2,000 are sent out because why would they undercut the number?? its going to suck when they go out and i am kind of pist bc i would have taking a LOA in Aug but none were offered for my category!!!