Delta To Furlough?
05-17-2020 | 09:29 AM
#1851
Line Holder
Joined: Sep 2014
Posts: 76
Likes: 0
Pure clickbait.
I'm sure then that you saw the United "memo" that said they only need 5000 out of 25,000 FA's?
Again, out of context clickbait nonsense.
This is a lot less insane, but we stil don't know. I suspect they will announce 2000-2500 furloughs, then adjust the bid before it gets to that point to closer to 1500-2000. As they impliment that "plan" based on extremely limited and rapidly changing data based off a snapshot with guesses thrown in, as reality unfolds the "plan" and the "memo" will be adjusted to reflect that, and actual furloughs could be quite a it less under some realistic scenarios. Or they could overreact now, only to recall many hundreds very quickly (as in well prior to the 18-24 month ROI estimate often cited).
Do something Lieutenant, even if its wrong! That's where they are right now, with a dash of FUD thrown in just to see if they can claw back a little extra on general principle.
No one truly knows how all the variables will shake out. That includes management, and it especially includes anything that comes from a "memo".
I'm sure then that you saw the United "memo" that said they only need 5000 out of 25,000 FA's?
Again, out of context clickbait nonsense.
This is a lot less insane, but we stil don't know. I suspect they will announce 2000-2500 furloughs, then adjust the bid before it gets to that point to closer to 1500-2000. As they impliment that "plan" based on extremely limited and rapidly changing data based off a snapshot with guesses thrown in, as reality unfolds the "plan" and the "memo" will be adjusted to reflect that, and actual furloughs could be quite a it less under some realistic scenarios. Or they could overreact now, only to recall many hundreds very quickly (as in well prior to the 18-24 month ROI estimate often cited).
Do something Lieutenant, even if its wrong! That's where they are right now, with a dash of FUD thrown in just to see if they can claw back a little extra on general principle.
No one truly knows how all the variables will shake out. That includes management, and it especially includes anything that comes from a "memo".
That’s a thoughtful and well measured answer. Thanks for that. Similar outlook here at AAY. The picture painted is generally worse than the reality when searching for concessions. Loads all over are starting to go back up... at least domestically.
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05-19-2020 | 12:25 PM
#1853
Line Holder
Joined: Mar 2016
Posts: 481
Likes: 13
and supposedly this will be in the 8k shortly. A buddy of mine sent me the screenshot from their AA Facebook group. Is that where you saw it too?
05-19-2020 | 12:32 PM
#1854
Line Holder
Joined: Apr 2011
Posts: 662
Likes: 9
I saw two screenshots. One like you mentioned and also one on an internal FB group that now I can’t find. Does it being in the 8k bear any significance?
05-19-2020 | 12:32 PM
#1855
Line Holder
Joined: Mar 2016
Posts: 481
Likes: 13
05-19-2020 | 12:52 PM
#1856
Banned
Joined: Feb 2020
Posts: 1,060
Likes: 0
From: Gummed
More info here:
https://www.investopedia.com/terms/1/8-k.asp
05-19-2020 | 01:02 PM
#1857
Line Holder
Joined: Apr 2011
Posts: 662
Likes: 9
An 8K is reference to the Form 8K , an 8-K is required to announce major events relevant to shareholders. It's filed with the SEC.
More info here:
https://www.investopedia.com/terms/1/8-k.asp
More info here:
https://www.investopedia.com/terms/1/8-k.asp
05-19-2020 | 01:09 PM
#1858
Line Holder
Joined: Mar 2008
Posts: 638
Likes: 3
From: A330 FO
highly doubtful. It was probably only said as a reassurance to stock holders in response to recent articles suggesting airlines will be going bankrupt. Outside of potentially driving the stock price up a few pennies, it likely has no significance at all, as related to actions flight ops will take this fall.
05-19-2020 | 01:23 PM
#1859
Banned
Joined: Feb 2020
Posts: 1,060
Likes: 0
From: Gummed
Yes, I would think something as significant as furloughing up to 3500 pilots would be something the shareholders would like to know about.
05-19-2020 | 05:29 PM
#1860
Gets Weekends Off
Joined: Jan 2008
Posts: 797
Likes: 0
From: 767-400
https://wolferesearch.com/sample/x20...GTIC_DELTA.mp4
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