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Old 07-12-2020 | 09:31 AM
  #311  
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***Deleted post because it’s not worth it***
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Old 07-12-2020 | 09:46 AM
  #312  
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Originally Posted by thrust
Love these “get your house in order” posts. I was just about to pull the trigger on a new house/boat/Miata/spouse/plane, and had no idea a furlough was coming. Thankfully, I stumbled upon some random person’s post, which was the exact catalyst I needed to suddenly take this seriously.
Seriously. This “get your house in order” crap gets really old. How is someone supposed to prepare for losing a six figure income job exactly? Go ahead and fly a little extra now. How long will that little bit of extra income hold you over for? An extra month tops? Give me a break. Short of selling your house and everything you own there is NOTHING you can do about going from airline pilot income to unemployment.

This is stressful enough as it is on everyone. We can do without the smug “prepare now” comments that usually come from people far outside the furlough danger zone. With that being said..AA is still in a position where furloughing pilots may not happen. An overage of 1300 or so for the next year is not an earth shattering number. Particularly if demand starts to pick up in 2021. A number of companies are talking about a vaccine being ready by January, and that will be a watershed moment.
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Old 07-12-2020 | 11:22 AM
  #313  
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Originally Posted by rcflying53
***Deleted post because it’s not worth it***
This should be 90% of APC posts.
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Old 07-12-2020 | 01:01 PM
  #314  
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Originally Posted by thrust
Love these “get your house in order” posts. I was just about to pull the trigger on a new house/boat/Miata/spouse/plane, and had no idea a furlough was coming. Thankfully, I stumbled upon some random person’s post, which was the exact catalyst I needed to suddenly take this seriously.
i would argue the order for money losing stuff is spouse/plane/boat/house and whatever a Miata is. Is that a snow mobile or...
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Old 07-12-2020 | 01:51 PM
  #315  
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Originally Posted by at6d
i would argue the order for money losing stuff is spouse/plane/boat/house and whatever a Miata is. Is that a snow mobile or...
Have a buddy (non pilot) going through the (ex) wife money drain, she wants child support (completely reasonable), alimony, and pretty much... everything.

Think a Miata is some feminine product.

As for furloughs, I hope none of you get it. I haven't flown since Compass went under and though some time off was nice, I'm ready to go fly. Did have an interview with Atlas, which I thought went well, but got the TBNT. Still applying everywhere I can, but really just looking forward to my AA class date getting set again.
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Old 07-12-2020 | 02:40 PM
  #316  
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If your buying a miata than your house is definitely not in order.
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Old 07-12-2020 | 03:25 PM
  #317  
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Originally Posted by rickair7777
Mass furlough letters and their timing can affect stock prices and credit ratings (possibly good or bad).

No company will send letters sooner than the minimum legal/contractual timeline, unless they have an ulterior motive for that.
While this is true, it doesn’t change my point. As of now, we don’t know if there are furloughs or not. In other words, furloughs are in fact not here.

In other news... I’m selling my brand new 2020 Miata, color is Mangenta. Fully loaded. Make me an offer, I need to get my house in order
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Old 07-12-2020 | 04:06 PM
  #318  
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Originally Posted by LabDad06
Have a buddy (non pilot) going through the (ex) wife money drain, she wants child support (completely reasonable), alimony, and pretty much... everything.

Think a Miata is some feminine product.

As for furloughs, I hope none of you get it. I haven't flown since Compass went under and though some time off was nice, I'm ready to go fly. Did have an interview with Atlas, which I thought went well, but got the TBNT. Still applying everywhere I can, but really just looking forward to my AA class date getting set again.

Hopefully we can welcome you onboard as soon as possible. This is a s...storm.
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Old 07-12-2020 | 06:28 PM
  #319  
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Originally Posted by Bungalow
Furloughs are coming fellows, big ones. For whatever the reason, legitimate or not, they're here. Ignoring the facts, doesn't make them go away. Get the house in order.
Real solid post!
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Old 07-12-2020 | 06:33 PM
  #320  
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Latest 2nd quarter earnings forecast....

AMR - Loss of $3.897B

DAL - Loss of $2.704B

UAL - Loss of $2.693B

SWA - Loss of $1.615B

ALK - Loss of $461M

JBLU - Loss of $507M

SAVE - Loss of $247M

Sent from my SM-G975U using Tapatalk
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