Originally Posted by
FangsF15
Reportedly, HT said in a recent Velvet that the previous month was $23M in 23M7 costs. (In a shoulder month, no less)
That’s second hand from me, but someone who heard it firsthand posted it here and FB.
I believe a similar rumor was that Oct was $10M, so if that’s accurate, it’s getting worse, not better.
Don't forget that $23m also is likely just what is being paid in the *recorded* 23M7 penalty. We first have to assume every time they skip coverage, they are appropriately paying pilots who are harmed. I'm not convinced it's a 100% rate. What they are absolutely leaving off are less easily quantifiable effects like coverage being delayed long enough that a slip that would have gone to a reserve or as a WS is being covered at a QS.