Originally Posted by
I was inverted
No company has ever furloughed an employee…right up until they do. JetBlue would absolutely do it if they needed to. If you need any proof of that, look no further than the covid LOAs, where they only offered brief furlough protection. Even in an LOA that provided essentially 10+ years of scope relief, they only offered brief short term furlough protection that wasn’t close to being as long in duration as the scope relief. If they had any intention to commit to no furloughs, they’d put it in writing. They haven’t, and they won’t.
I'm just now re-familiarizing myself with the industry after a 20-year hiatus, so no expert by any means. In their history (admittedly short relative to the Legacies, but well beyond a start-up at this point) they've never furloughed. It's just an interesting data point. I certainly didn't infer that fact to be primarily/solely the result of management's good will toward employees, but I assume it's an indication of a solid and stable business model that is well-managed. Perhaps a little too conservative? but stable. But this Spirit merger/acquisition might be a big change.... establishing a new baseline... ?