Originally Posted by
m78fl370
The issue was that the 1600 staffing overage was still understood to be the number for next summer. The overage was bigger for the fall, 2500? But it looked like they were going to have to carry some of that overage due to being unable to furlough that many and then get them back by next summer. We just conceded to the company the ability to quickly put all 2500 without pay throughout the fall, and bring them back quickly. (Maybe).
From what it looks like to me, for the bottom 1600, this deal could work out for them better than nothing. For the 900 in the bubble, this looks like a certain furlough, or ZTL, when there was a chance of hanging on before.
exactly this 100%. What a gift to the company. Not bad for the bottom 1200, not so much for the 1300 above them. The deal minimizes pilot costs right away, raising the prospects of positive cash flow sooner. Would of been a good time for the quitters to lock in Delta profit sharing.