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Originally Posted by Arado 234
(Post 3103623)
We have to fill the East vs West void with something! Can't have peace & harmony here on APC! Imagine what would happen to our poor members and mods ...
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So what was the furlough estimate again? Try to stay on subject or start your own thread.
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Originally Posted by C5Drvr
(Post 3103698)
So what was the furlough estimate again? Try to stay on subject or start your own thread.
Sent from my iPad using Tapatalk I guess whatever keeps the stats up for ad revenue. |
I got a text from the ORD call this afternoon. Here are the highlights:
1. Furlough numbers will be released in the next couple of weeks 2. Union seems to think a CARES ACT 2 is in the works 3. D2R travel privileges for furloughed pilots for 12 months 4. Furlough length/break even point for the company is shorter than 18-24 months due to the reduced fleet types 5. Furlough mitigation negotiations are ongoing everyday between AA and APA 6. Get the APA supplemental medical NOW. It’s good for 24 months including life insurance. It takes 60 days to activate. Process takes 5 minutes and is $200/month per covered individual (kids too) in your household (after furlough begins. Otherwise $20 per individual/mo) 7. July 2021 staffing overage is actually higher than the original number of ~1350 8. Furlough Q&A up on APA site now Thats all I got. If others know more, please add/share. |
Apparently there was also a quip about if AA doesn't get the 30 million a day cash burn down by begining of next year there may not be an airline to come back to.
Although that was probably more of an opinion by the guy who said it. And also that the company and union are meeting daily and the goal is to mitigate Furloughs as much as possible. |
Originally Posted by FetaCheese
(Post 3103880)
Apparently there was also a quip about if AA doesn't get the 30 million a day cash burn down by begining of next year there may not be an airline to come back to.
Although that was probably more of an opinion by the guy who said it. And also that the company and union are meeting daily and the goal is to mitigate Furloughs as much as possible. Mitigate, not eliminate? Sent from my iPad using Tapatalk |
Originally Posted by C5Drvr
(Post 3103893)
Mitigate, not eliminate?
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Originally Posted by C5Drvr
(Post 3103893)
Mitigate, not eliminate?
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Originally Posted by FetaCheese
(Post 3103880)
Apparently there was also a quip about if AA doesn't get the 30 million a day cash burn down by begining of next year there may not be an airline to come back to.
Although that was probably more of an opinion by the guy who said it. And also that the company and union are meeting daily and the goal is to mitigate Furloughs as much as possible. Well yeah we have to get the cash burn down but they have been doing that I thought. Was that one of our analyst stating the obvious? |
Originally Posted by Downtime
(Post 3103971)
Well yeah we have to get the cash burn down but they have been doing that I thought. Was that one of our analyst stating the obvious?
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