Originally Posted by
jumppilot
Keep in mind it’s not in the company’s best interest to have a bunch of pilots making 50% MPG. They’d rather have one pilot flying 100%. And our union (I hope) addresses this issue with the AIP/LOA.
So I doubt we will be stuck with 50% or whatever for years and years. I bet this LOA has a sunset date around the summer time.
Its likely the AIP will cost the company more than furloughing, but it keeps people in seats so they can react quickly. Also I’m not too worried about the people saying the company will immediately declare BK and lock in the changes, because we have $18B in cash in the bank. Also if they lock in the AIP long term, they can’t furlough and can’t displace anyone, which would be a nice way to go through BK.