Furlough Estimates
#51
#52
Banned
Joined: Dec 2019
Posts: 270
Likes: 0
Yup, won't be any furlough..Demand coming back stronger than predicted. AA and Envoy set to soar.
#53
#55
Gets Weekends Off
Joined: Dec 2011
Posts: 227
Likes: 0
Wow - congrats to AA on pulling this off in a tough tough market! Any concerns that if AA keeps full staff a LCC might jump in underneath without the extra costs and just crush AA? LCC's have done well sometimes in big changes if they switch things up more quickly than the mainline players.
#57
On Reserve
Joined: Jan 2018
Posts: 22
Likes: 0
A lot of our jets have been pulled out of storage. Heard some reports of PIT starting to clear out.
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#58
Banned
Joined: Apr 2020
Posts: 20
Likes: 0
"American Airlines announces further staff cuts, plans to reduce management, support staff by 30%"
That's a good # to start with. Anything else you are kidding yourself.
Those pax coming "back" are also flying on insanely low ticket prices. Prices that will need to stay extremely low to entice the public to travel again. Only problem, with 21 million people out of work nobody has $ to travel. Proof is in the amount of Americans tapping into what little they have in a 401K
Your debt will kill you faster than any comeback might be possible.
Parker just stated on Wednesday 27th call when asked about bankruptcy "Bankruptcy is failure, and we're not going to do that" given that statement to the banks and investors that are betting on a bankruptcy. And Parkers past dealings. You are at least heading for a For Sale sign on the door.
That's a good # to start with. Anything else you are kidding yourself.
Those pax coming "back" are also flying on insanely low ticket prices. Prices that will need to stay extremely low to entice the public to travel again. Only problem, with 21 million people out of work nobody has $ to travel. Proof is in the amount of Americans tapping into what little they have in a 401K
Your debt will kill you faster than any comeback might be possible.
Parker just stated on Wednesday 27th call when asked about bankruptcy "Bankruptcy is failure, and we're not going to do that" given that statement to the banks and investors that are betting on a bankruptcy. And Parkers past dealings. You are at least heading for a For Sale sign on the door.
#59
Gets Weekends Off
Joined: Dec 2017
Posts: 381
Likes: 0
"American Airlines announces further staff cuts, plans to reduce management, support staff by 30%"
That's a good # to start with. Anything else you are kidding yourself.
Those pax coming "back" are also flying on insanely low ticket prices. Prices that will need to stay extremely low to entice the public to travel again. Only problem, with 21 million people out of work nobody has $ to travel. Proof is in the amount of Americans tapping into what little they have in a 401K
Your debt will kill you faster than any comeback might be possible.
Parker just stated on Wednesday 27th call when asked about bankruptcy "Bankruptcy is failure, and we're not going to do that" given that statement to the banks and investors that are betting on a bankruptcy. And Parkers past dealings. You are at least heading for a For Sale sign on the door.
That's a good # to start with. Anything else you are kidding yourself.
Those pax coming "back" are also flying on insanely low ticket prices. Prices that will need to stay extremely low to entice the public to travel again. Only problem, with 21 million people out of work nobody has $ to travel. Proof is in the amount of Americans tapping into what little they have in a 401K
Your debt will kill you faster than any comeback might be possible.
Parker just stated on Wednesday 27th call when asked about bankruptcy "Bankruptcy is failure, and we're not going to do that" given that statement to the banks and investors that are betting on a bankruptcy. And Parkers past dealings. You are at least heading for a For Sale sign on the door.
#60
I just got divorced, re-married, bought a sports car and a boat! Smooth sailing ahead, no pun intended.
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