Management ask: Furlough 40%, forgo seniority
04-25-2020, 08:06 AM
#21
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Joined APC: Dec 2019
Posts: 193
Originally Posted by FreshWater
At this point g4 management has demonstrated they don’t rate nor require any concessions from us other than what is contractually required.
They also neglect to mention that most pilots have already given up 30% going to min guarantee or less.
Donating money to a billionaire would be beyond stupid.
04-25-2020, 09:45 AM
#22
Kabuki Kool
Joined APC: Jul 2016
Position: fu3king.airline@Furlough. DNA
Posts: 447
They couldn’t help themselves. Management needs to shore up their sunseeker losses. Ouch, all said and done that be about $400million. Darn dat be nice to have about now. Ohh well billionaire about to be a millionaire. G4 management; MG, JR and the rest of C suite is going to have to eat that sh!t. Not us.
04-25-2020, 10:20 AM
#23
Line Holder
Joined APC: Jan 2017
Posts: 99
Originally Posted by FreshWater
They couldn’t help themselves. Management needs to shore up their sunseeker losses. Ouch, all said and done that be about $400million. Darn dat be nice to have about now. Ohh well billionaire about to be a millionaire. G4 management; MG, JR and the rest of C suite is going to have to eat that sh!t. Not us.
According to their February 2020 investor presentation they have only spent $99 million.
04-25-2020, 10:43 AM
#24
Kabuki Kool
Joined APC: Jul 2016
Position: fu3king.airline@Furlough. DNA
Posts: 447
Originally Posted by ramalama
According to their February 2020 investor presentation they have only spent $99 million.
04-25-2020, 02:19 PM
#26
Gets Weekends Off
Joined APC: Oct 2010
Position: Airbus CA
Posts: 909
Originally Posted by Purpleanga
These are unprecedented times. Everyone will have to take concessions. The quicker, the better the chance of survival.
04-25-2020, 03:46 PM
#27
Gets Weekends Off
Joined APC: Oct 2016
Position: A320
Posts: 195
Originally Posted by Purpleanga
These are unprecedented times. Everyone will have to take concessions. The quicker, the better the chance of survival.
04-25-2020, 03:54 PM
#28
Gets Weekends Off
Joined APC: Oct 2010
Position: Airbus CA
Posts: 909
Originally Posted by wilco811
I disagree. This unprecedented thing might recover a lot sooner than we think. Therefore it’s better to wait. Gvmnt bailed the airlines anyways. Sept 30 is a long time from now. Patience is a virtue.
04-25-2020, 08:53 PM
#30
Kabuki Kool
Joined APC: Jul 2016
Position: fu3king.airline@Furlough. DNA
Posts: 447
Originally Posted by Purpleanga
These are unprecedented times. Everyone will have to take concessions. The quicker, the better the chance of survival.
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