Originally Posted by
sanicom3205
“The airline that figures out a way to not furlough people, particularly pilots, ....they are going to come out of this on top.”
A direct quote from one of the people leading the company. They furloughed anyway because, right wrong or indifferent, APA wouldn't take their bait. In other words, they knew that furloughing pilots was going to bad for the company in the long run. They did it anyway. You can justify pilots being kicked to the street all you want, it was a bad idea and they knew it. The chickens have come home to roost.
I got it, he said the early bird gets the worm.
The first 15 months of pandemic were liquidity and daily cash burn. Month 16 1-3% cuts to schedules and AA should have immediately disregarded cash burn for 15 months to be in position for month 16 and captured 3% for 30-60 days until they can catch up.
Still no data to support 3% cancellations equals 3% lost revenue.