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Old 03-31-2020, 11:51 AM   #91  
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Quote:
Originally Posted by rickair7777 View Post
10-15% Revenue? Fleet? Staff?

Thanks for weighing in.
And, “The Company”..... ALK.... (Mainline, Horizon, Skywest) or just Mainline?

Its interesting to read this message board where we’re all talking about furloughs, VLOA, parking planes, pay cuts, etc But over on the Horizon/Skywest board’s..... ZERO discussion of such things. 🤔
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Old 03-31-2020, 11:53 AM   #92  
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Originally Posted by Mea25000 View Post
Company plans to be 10-15% smaller in 2021. Company is also going to ask for a 18 month, 10 percent pay cut from the pilot group this fall. I think OTZ-Brown’s numbers are pretty good. I also agree that people should have all available information. For those that don’t know, OTZ was once furloughed, I am confident he understands its tragic impact.
If it’s 15% mainline pilot reduction, that’d be around 465 pilots furloughed.
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Old 03-31-2020, 12:05 PM   #93  
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Quote:
Originally Posted by Mea25000 View Post
Company plans to be 10-15% smaller in 2021. Company is also going to ask for a 18 month, 10 percent pay cut from the pilot group this fall. I think OTZ-Brown’s numbers are pretty good. I also agree that people should have all available information. For those that don’t know, OTZ was once furloughed, I am confident he understands its tragic impact.
Bronze plan for 2025 still?
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Old 03-31-2020, 12:17 PM   #94  
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Bronze plan for 2025 still?
New situation: Lead Plan
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Old 03-31-2020, 12:34 PM   #95  
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Quote:
Originally Posted by Mea25000 View Post
Company plans to be 10-15% smaller in 2021. Company is also going to ask for a 18 month, 10 percent pay cut from the pilot group this fall. I think OTZ-Brown’s numbers are pretty good. I also agree that people should have all available information. For those that don’t know, OTZ was once furloughed, I am confident he understands its tragic impact.
Delightful. And what is the company going to ask from shareholders, debt holders, lessors, etc?

We are labor, not risk capital. We did not benefit from the company's choice to buy back stock and pay dividends during the good times and we are not a piggybank for them during the bad times.

Cheers - Rob.
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Old 03-31-2020, 01:05 PM   #96  
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Any advice/take for the ESPP executing on Apr 30?

My plan is to sell instant ASAP and just accept the ~$4 /share profit. This market seems way too volatile to hold airline stock long term.

Yea / nay?
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Old 03-31-2020, 01:15 PM   #97  
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Originally Posted by rickair7777 View Post
10-15% Revenue? Fleet? Staff?

Thanks for weighing in.

10-15% ASM

The line will not be linear across fleet types. The situation is obviously fluid and dynamic.
I think Skywest will see the least reduction. Sorry.
Yes, even as dark as it is right now, Bronze the end of 2025 is still achievable. Right now it’s about one thing though, survival.
2909 -10%= 291 2909- 15%= 436, add furlough mitigation, medicals, LOA, retirements and yes 385 is getting the tornado warning to the right group. This one is a tough one guys.

Last edited by Mea25000; 03-31-2020 at 01:32 PM.
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Old 03-31-2020, 01:34 PM   #98  
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What was our “Bronze level“ goal again?

Last edited by ExperimentalAB; 03-31-2020 at 01:48 PM.
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Old 03-31-2020, 02:23 PM   #99  
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Boys and girls please please please no negotiating / mentioning what you will settle for. Management in their best of times will data mine just imagine what they will do in their worst of times. Again we are not an ATM for the company, if you want to have a debate have one with your rep. I too have said dumb things in haste on this board, guilty as charged but we will need unity to get through this with the least amount of damage.
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Old 03-31-2020, 02:28 PM   #100  
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It would seem 10-15% ASM would be about equivalent to reducing guarantee from 75 to 65 hours in the furlough mitigation portion of section 23. I haven’t seen that discussed here. We’ve been running wide open, with guys timing out at FAR limits. Reducing to 65 hours should be able to achieve the desired reduction without a furlough. That’s if the company and union can achieve the required “mutual agreement”.
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