Originally Posted by
bifff15
Feel free to dispel any assumptions I'm making here but it seems to me if you are not making the truckloads of money you are accustomed to that the pilot group will be low hanging fruit (industry standard behavior).
Thomas the Doubter
Management has the same viewpoint as the IPA, furloughes are costly and are a last resort. Hard to imagine a company that makes a billion a quarter is in the last resort scenario.
I've found in twenty years of airline flying, if it's not in print, or in the bid package it's a rumor fit for bar room discussion, along with fish stories, and tales of ex-wives.
With all that being said, if you're in the bottom 200 like myself, it doesn't hurt to pay off credit cards, conserve cash, and limit large purchases. No one could have predicted oil to go to almost $150/bbl, nor could anyone forsee it's tumble to nearly $50/bbl on a handful of months thereafter. For those of us to forsee furloughes carries the same merit for inaccuracy.
FF