Originally Posted by
mjpilot
Even if your numbers are right, 20% savings is NOTHING if the company is bleeding ca$h.
A company exists to make money. Otherwise, $hut it down. Simple as that.
What are you going to do if you lose your job and can't pay your bills? File for personal bankruptcy, or stand every weekend at a Costco exit and beg for money with a "Airline pilot lost job" sign?
Begging for money, that's what Mesa is doing with this 8 hour crap.
If there are NO furloughs anyways until January, why do I need to subsidize the balance sheet of Mesa?
As far as I'm aware, they can't cut costs for 60 days after the Warn Notices go out. They can furlough you with a 14 day notice, bit still have to pay you min hours for those 2 month. I might be wrong there.
Would you prefer to collect 76 or 68 hours of pay for those 2 month?
If you vote yes, you're getting the latter.
Will there be furloughs? My personal opinion? Yes, I'm sure about that, if there ain't more government support.
How many? That depends on the flying awarded to us by our partners.
You and I don't know that.
Quite honestly, our partners don't know that. They have projections, but that can change over night to go either way.
What I know is that 20% pilot cost savings won't save us from Furloughs. That's what the company tries to convince you with.
It's way more cost effective to have 20% of our pilot group NOT having on 68 hours credit with all other expenses associated to it.
Be that with current LOA's, higher credit hours LOA's, voluntary Furloughs, Furloughs, or a combination of that.
20% of 1300 pilots, that's 260 pilots. Isn't that about the total number of reserve pilots?
If Mesa furloughs 260 pilots, that's a way higher cost saving going forward. What if flying picks up suddenly? Offer 200% if needed and run the company leaner. That's exactly what we were doing for the entire time of my employment right here at Mesa.
Going forward, we need 50% of our pilots going forward??? How is that math working out with your calculated 20% of pilot cost savings?
Let's assume you own a software company with 10 programmers, each making 100k per month. Business is suddenly down 50%.
Do you cut their salary by 20% and keep everyone employed? All now working 2.5 days per week? Or do you keep 5 programmers at 5 days/week working, and the other 5 sitting at home? Who knows, there suddenly could be a spike in business?
Your salary expenses went from 1 mil to 800k, yet your income stream is cut in half? Basically, your now losing 300k instead of 500k per month?
You ARE losing money, how does THAT make ANY sense?
In addition, your pi$$ing off 5 of your programmers by cutting their salary.
I would argue that you even pi$$ them off more by working full time while the other half is sitting at home doing NOTHING!
Is that REALLY what you would do?
If so, do you handle your private finances the same way?
Sorry for the typos LOL 😂😂.