JetBlue Partnership
07-16-2020, 02:29 PM
#21
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,881
Originally Posted by O2pilot
They gave work rule concessions, so that's going to mitigate a few furloughs. The only airline to give concessions as far as I know. I think they are rolling the dice on the recovery. Since their debt is now more than their $2.9B market value, JB is not an attractive purchase investment for American. Which is why just code sharing with them makes more sense.
07-16-2020, 02:43 PM
#22
Gets Weekends Off
Joined APC: Dec 2019
Posts: 216
Originally Posted by Blue Dude
Reduced min guarantee from 75 to 70 hrs for reserves, 90 hrs to 80 hrs for instructors. They get more days off to compensate. Allowed ALV to be reduced below 74, though min guarantee for lineholders is unchanged at 70. All this is only through April 2021, and snaps back earlier if flying returns to 80% of normal or better before then. And permitted the code share with AA, though the airline isn't growing, therefore typically prohibiting a new code share. In return, there will be no furloughs through that period and there are other smaller items that we got. It's mostly trading scheduling flexibility for no furloughs while we're all dealing with covid.
Reduced ALVs, reduced guarantee on RSV.. whatever. It's all rainbows compared to the unemployment line. And in the worst case..don't think recall would happen right away. It would take up to 4 years for guys towards the bottom.
07-16-2020, 02:49 PM
#23
Gets Weekends Off
Joined APC: Mar 2020
Posts: 537
Originally Posted by O2pilot
They gave work rule concessions, so that's going to mitigate a few furloughs. The only airline to give concessions as far as I know. I think they are rolling the dice on the recovery. Since their debt is now more than their $2.9B market value, JB is not an attractive purchase investment for American. Which is why just code sharing with them makes more sense.
07-16-2020, 04:14 PM
#26
Line Holder
Joined APC: Apr 2020
Posts: 55
Originally Posted by O2pilot
They gave work rule concessions, so that's going to mitigate a few furloughs. The only airline to give concessions as far as I know. I think they are rolling the dice on the recovery. Since their debt is now more than their $2.9B market value, JB is not an attractive purchase investment for American. Which is why just code sharing with them makes more sense.
07-16-2020, 06:35 PM
#28
Gets Weekends Off
Joined APC: Dec 2017
Position: Retired NJA & AA
Posts: 1,918
Barrons's article on AA/JetBlue
https://www.barrons.com/articles/ame...LSIcJZE0x-LQDw
American Airlines and JetBlue Are Teaming Up. Is a Merger in the Works?
07-16-2020, 06:38 PM
#29
Line Holder
Joined APC: May 2016
Position: FOE/CA
Posts: 55
Originally Posted by Pilotbob3
So those JB guys are taking AA flying??!!
JetBlue plans to enhance service to strategic markets on the East Coast, West Coast, and in the Southeast,
07-16-2020, 07:16 PM
#30
Gets Weekends Off
Joined APC: Nov 2011
Position: A320 Capt
Posts: 5,293
Originally Posted by FetaCheese
Call me crazy but this isn't bad at all. It's actually similar to what APA should be negotiating for us to mitigate (possibly eliminate) furloughs. Part time lines as well. I know tons of people that would jump all over those. There's many ways to skin this cat. We have to keep an open mind.
Reduced ALVs, reduced guarantee on RSV.. whatever. It's all rainbows compared to the unemployment line. And in the worst case..don't think recall would happen right away. It would take up to 4 years for guys towards the bottom.
Reduced ALVs, reduced guarantee on RSV.. whatever. It's all rainbows compared to the unemployment line. And in the worst case..don't think recall would happen right away. It would take up to 4 years for guys towards the bottom.
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