Omni Air
#3031
Gets Weekends Off
Joined APC: May 2021
Posts: 316
Your board of directors (ATSG) at their last earnings calls indicated a reduction of one, possibly two, aircraft at Omni and indicated that 2020 was an exceptional year which is not likely to be repeated.
Additionally, my guess is ya'll would be seeing hard furloughs if Omni had not received federal paycheck protection loans (which forbid hard furloughs). My best guess is that when that protection runs out in 3 months - that you'll end up seeing those hard furloughs.
Rest of the industry is adding airplanes and crews; if your airline is actively doing the opposite I would not call it a good deal.
Additionally, my guess is ya'll would be seeing hard furloughs if Omni had not received federal paycheck protection loans (which forbid hard furloughs). My best guess is that when that protection runs out in 3 months - that you'll end up seeing those hard furloughs.
Rest of the industry is adding airplanes and crews; if your airline is actively doing the opposite I would not call it a good deal.
#3032
Gets Weekends Off
Joined APC: Aug 2009
Posts: 841
Your board of directors (ATSG) at their last earnings calls indicated a reduction of one, possibly two, aircraft at Omni and indicated that 2020 was an exceptional year which is not likely to be repeated.
Additionally, my guess is ya'll would be seeing hard furloughs if Omni had not received federal paycheck protection loans (which forbid hard furloughs). My best guess is that when that protection runs out in 3 months - that you'll end up seeing those hard furloughs.
Rest of the industry is adding airplanes and crews; if your airline is actively doing the opposite I would not call it a good deal.
Additionally, my guess is ya'll would be seeing hard furloughs if Omni had not received federal paycheck protection loans (which forbid hard furloughs). My best guess is that when that protection runs out in 3 months - that you'll end up seeing those hard furloughs.
Rest of the industry is adding airplanes and crews; if your airline is actively doing the opposite I would not call it a good deal.
#3033
Your board of directors (ATSG) at their last earnings calls indicated a reduction of one, possibly two, aircraft at Omni and indicated that 2020 was an exceptional year which is not likely to be repeated.
Additionally, my guess is ya'll would be seeing hard furloughs if Omni had not received federal paycheck protection loans (which forbid hard furloughs). My best guess is that when that protection runs out in 3 months - that you'll end up seeing those hard furloughs.
Rest of the industry is adding airplanes and crews; if your airline is actively doing the opposite I would not call it a good deal.
Additionally, my guess is ya'll would be seeing hard furloughs if Omni had not received federal paycheck protection loans (which forbid hard furloughs). My best guess is that when that protection runs out in 3 months - that you'll end up seeing those hard furloughs.
Rest of the industry is adding airplanes and crews; if your airline is actively doing the opposite I would not call it a good deal.
We kept hiring through all of 2020 while everybody was furloughing; in spite of the fact that the contract they were all being hired for was cancelled by Covid. Several commercial contracts were suspended due to Covid very early last year. Nope, not a single furlough.
They have been doing a great job getting new flying, if that effort continues as the world comes out from under lockdown, we're going to need more planes and more pilots. This summer leave has recall at any time with 14 days notice. My bet is that 14 day recall to duty option will get used a lot as the world reopens.
#3034
Gets Weekends Off
Joined APC: May 2021
Posts: 316
Initially you said Omni is furloughing, now you're guessing. What we know is they took government money like the rest of the industry took and not all of their flying has returned to pre covid levels yet. Time will tell how it pans out. For those in the pool they'll be waiting till things pick up.
So last year we look at as a very unusual year for Omni because of the recovery flights that they ended up getting, and they didn't have much of a dip in their business, other than the commercial stuff that went away toward the end of the first quarter. And they actually outperformed what they did the year prior because of all the supplemental flights they were getting to get folks out of COVID hotspots and things like that and some additional governmental flying. So it was a very unusual year last year for Omni.
The one hull was due for heavy checks, they converted it to a freighter. It was also the oddball of the fleet in terms of flight deck setup & equipment. Letting it go saved a crapload of money in differences training, OE requirements, currency requirements, and scheduling headaches. It was a sound business decision.
We mentioned in our earnings release that Omni Air expects to receive 83 million in federal payroll support payments this year, the majority of which we have already received. These funds require Omni to refrain from involuntary furloughs of its flight crews and other personnel at least through September.
#3035
Line Holder
Joined APC: Apr 2014
Posts: 90
The one hull was due for heavy checks, they converted it to a freighter. It was also the oddball of the fleet in terms of flight deck setup & equipment. Letting it go saved a crapload of money in differences training, OE requirements, currency requirements, and scheduling headaches. It was a sound business decision.
We kept hiring through all of 2020 while everybody was furloughing; in spite of the fact that the contract they were all being hired for was cancelled by Covid. Several commercial contracts were suspended due to Covid very early last year. Nope, not a single furlough.
They have been doing a great job getting new flying, if that effort continues as the world comes out from under lockdown, we're going to need more planes and more pilots. This summer leave has recall at any time with 14 days notice. My bet is that 14 day recall to duty option will get used a lot as the world reopens.
We kept hiring through all of 2020 while everybody was furloughing; in spite of the fact that the contract they were all being hired for was cancelled by Covid. Several commercial contracts were suspended due to Covid very early last year. Nope, not a single furlough.
They have been doing a great job getting new flying, if that effort continues as the world comes out from under lockdown, we're going to need more planes and more pilots. This summer leave has recall at any time with 14 days notice. My bet is that 14 day recall to duty option will get used a lot as the world reopens.
/|\
Word up!
Ha. No really, that's all reality and logic. Nicely said.
#3036
Gets Weekends Off
Joined APC: May 2021
Posts: 316
Initially you said Omni is furloughing, now you're guessing. What we know is they took government money like the rest of the industry took and not all of their flying has returned to pre covid levels yet. Time will tell how it pans out. For those in the pool they'll be waiting till things pick up.
The one hull was due for heavy checks, they converted it to a freighter. It was also the oddball of the fleet in terms of flight deck setup & equipment. Letting it go saved a crapload of money in differences training, OE requirements, currency requirements, and scheduling headaches. It was a sound business decision.
keep in mind that one of the conditions on accepting the payroll protection is we cannot furlough or lay off any employees at Omni. As it relates to whether those employees, whether it be administrative or crews or maintenance or what have you, are commensurate with the volumes that they're currently flying, right. So that's one issue where if the flying is down under regular circumstances, you may look to reduce your workforce to match the flying that you have. We're not able to do that right now, so we'll be carrying folks. And as the plan goes, we're going to need them later in the - by the third - by the end of the third quarter, anyway, based on the way the pilot - based on the way the plan is ramping. So - but that's one thing to keep in mind is that we're - in accepting that revenue, we're not able to cut personnel costs.
These funds require Omni to refrain from involuntary furloughs of its flight crews and other personnel at least through September.
They have been doing a great job getting new flying, if that effort continues as the world comes out from under lockdown, we're going to need more planes and more pilots. This summer leave has recall at any time with 14 days notice. My bet is that 14 day recall to duty option will get used a lot as the world reopens.
#3037
Personally I'm rooting for Omni, people seem to like working there and that says a lot about an organization. I'm guessing that we will experience a nice surge post covid and there will be opportunities for companies with a charter business model.
Go Omni I say....
Go Omni I say....
#3038
Gets Weekends Off
Joined APC: Mar 2020
Posts: 214
Personally I'm rooting for Omni, people seem to like working there and that says a lot about an organization. I'm guessing that we will experience a nice surge post covid and there will be opportunities for companies with a charter business model.
Go Omni I say....
Go Omni I say....
#3040
No planes are parked
No staffing has been reduced. A paid leave is not a staffing reduction anymore than guys going on military leave is.
Yeah, it was a great job by all putting it all together.
They did this because it benefited everybody, nothing more. They certainly didn't have to, or even need to do it. Nobody was forced to take a leave. I honestly hope they offer the paid leaves again in the future when it benefits everybody. Late November, December and January are usually slower months; I'd love paid leave over the holidays. They've laid the groundwork to be able to pull this LOA out, dust it off, and offer similar things in the future. That benefits us all.
The end result is 15 pilots were granted paid leave. Not everybody got all 3 months, or even 2 months; many were 1 month only. If you think savings of about $220k over 3 months was going to make/break the company then you're a fool.
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