Thread: Earnings!
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Old 07-22-2020 | 11:17 AM
  #26  
Andy
Gets Weekends Off
 
Joined: Mar 2006
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From: guppy CA
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Originally Posted by MasterOfPuppets
it’s 4000 pilots to hit pre merger pilots. Add in 500 for early retirement plus another 500 for LOA...... (I think those are extremely conservative).... Thats 5000 pilots out the door before a pre merger pilot is even touched. Do you think this airline can survive with a schedule that low? Because I don’t if we send 5000+ pilots to the street we are done as a company.
That's another bold statement.
This company is very likely to survive even if it shrinks to 1/3 its current size or smaller. It's not about shrinking to profitability; it's about shrinking to stop the cash bleed. The company goes into survival mode and sheds as many expenses as possible. Perhaps even a visit to the man in the black dress. But I don't foresee the United as a likely outcome.
It sucks, but if the company needs a lot fewer widgets pilots for an extended period of time, the company will reduce the number of widgets furlough enough pilots to right size.

Another concern to me is Federal support post-election. If Biden wins and the Ds gain seats in the Senate, all this 'corporate welfare' will disappear and the Ds will blame any economic downturn on Trump's poor handling of the economy. I could just recycle one of the previous scripts they've used, changing minor details and it's updated to fit what's happening right now.
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