Originally Posted by
usmc-sgt
Has deeper issues? Sort of like flying on average 25-35% of our normal schedule for 9 months now? Or the fact that we are still down 65% on TSA throughput? Or that we are losing 7-8 million a day still?
I’m not advocating giving anything back, but I am advocating taking a look at what the union has to show us with an open mind. I don’t believe that pilots truly understand how bad things are right now. The ONLY thing propping this industry up right now is hope.
The numbers are not good. However, customers have shown already that they will begin to return as the virus numbers subside, and by JB's own projections, it doesn't take a full return of customers to get to zero cash burn, which is all JB needs to become sustainable for a good while. Things are indeed bad, but there are multiple vaccines on the way, lots of pent up travel demand, and JB has a business model that doesn't depend on high fare business travel. So this is likely a temporary problem, which doesn't necessitate a long term concession. I do know a group that leadership showered with hundreds of millions of dollars BC (before COVID), maybe they can ask Wall Street for concessions...
With all that said, I believe JB survives this and thrives. I also appreciate generally that the company hasn't used this as a way to try and scare this group into concessions overall. We'll see what this next AIP is about.