MEFLIGHT

sdj1986

How is an ALV reduction a concession, but furloughing isn’t?

CincoDeMayo

"How much did you get paid on furlough?"

"Exactly what I deserved....zeeeerrrrrrooooo"

Everyone laughs.

A furlough pilot deserves zero and laughs from those who are not on furlough? What a joke. Why you guys keep these people around is beyond my comprehension.

acecrackshot

I'm not one to defend the APA at any turn, but the point they were making is that 4000 people are on some sort of furlough mitigation measure, when in their day, it was "Here are your papers for Unemployment, see ya'!"

ShyGuy

Reminds me of the stock market. Laughs in the face of Covid, job losses, shut downs, and still goes to record highs.

ACEssXfer

This situation is different from theirs in that the company was not really looking to furlough in the traditional sense because of uncertainty on demand return.

nuball5

Ooof...that was tough to listen to. Sorry guys, especially those on the street now.

Arado 234

https://www.avweb.com/aviation-news/...k-differently/

Maybe this explains it (especially why we screw each other).

nene

Because the stock market if forward looking....positive generally means the market anticipates better corporate earnings, vaccines, less lockdowns, improving economies, govts freely printing and spending money by the truckloads. All of the bad pandemic news has been priced into the current market. Also, have you seen the rates on bonds/cash savings? Just A little inflation and those bond/cash holders will be underwater.

ACEssXfer

There are not 4000 pilots on furlough mitigation. The leaves they speak of do not mitigate one single furlough. There are 887 ZTLs right now. Only ~50 of those are of the voluntary sort......the ones that actually mitigate furloughs. When the union said "no concessions" what they meant was "no concessions for senior pilots." As I mentioned in my previous post it wasn't as simple this time as "here are your unemployment papers." Their touting of not setting the bar lower for an 1113 hearing is hilarious. A bankruptcy judge would never force an airline to permanently have a lower efficiency pilot group(lower ALV). If that isn't the angle and they want to look at total cost what does around 14% of the total pilot group at 0 guarantee lower the total cost to and would an across the board small ALV(or guarantee reduction if we are nit picking) be significantly lower than the 14% being at 0?