How long will it last?
10-12-2020, 05:18 PM
#142
Gets Weekends Off
Joined APC: May 2017
Position: 175 CA
Posts: 1,285
Originally Posted by LabDad06
Good luck to everyone, hope you all land somewhere soon or this takes a surprising turn for the better. Anyone know how long CJOs lasted in previous furloughs?
I can't remember for AA specifically, but many airlines filled and flushed pools repeatedly over the last recessions. Some airlines would fill and flush pools without running a single new hire class.
A CJO didn't mean much until you were butt in class.
10-12-2020, 08:08 PM
#143
Gets Weekends Off
Joined APC: May 2020
Posts: 484
Originally Posted by ny797
Honest question...are we really burning 35 mil/day with all the payroll covered? Obviously it’s not being covered as of October 1. Just curious as to the truth of these numbers that get thrown around
Last I heard it was just south of 30 millions a day. That includes payroll. Our burn rate is not going up because of PSP expiring hence the furloughs to try to lower the labor cost. We will know more when AA reports their financials for Q3.
10-12-2020, 08:20 PM
#144
Gets Weekends Off
Joined APC: Apr 2020
Posts: 250
Originally Posted by Downtime
Last I heard it was just south of 30 millions a day. That includes payroll. Our burn rate is not going up because of PSP expiring hence the furloughs to try to lower the labor cost. We will know more when AA reports their financials for Q3.
10-14-2020, 10:07 PM
#145
Gets Weekends Off
Joined APC: Sep 2020
Posts: 407
Originally Posted by bababouey
you’re assumption is predicated on cash burn staying at current rate, $35 mill/day. I’m betting it gets better. We still have things to leverage, assets to sell too, not time to throw in the towel yet.
10-15-2020, 03:34 AM
#147
Gets Weekends Off
Joined APC: Jan 2016
Position: Left
Posts: 1,202
Originally Posted by bababouey
The 3 in house regionals.
Do you mean sell one and promise the purchaser a certain percent of AA flying. Just what AAL needs ,more codeshare and lost flying from mainline.
10-15-2020, 04:29 AM
#148
Gets Weekends Off
Joined APC: Mar 2014
Posts: 778
Originally Posted by Mozam
Do you mean sell one and promise the purchaser a certain percent of AA flying. Just what AAL needs ,more codeshare and lost flying from mainline.
Thread
Thread Starter
Forum
Replies
Last Post
TonyWilliams
Hiring News
2
10-24-2008 05:55 AM
