March 31st Townhall
03-31-2020 | 11:47 AM
#1
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From: Resting
March 31st Townhall
-They started with a huge doses of gloom and doom by saying our revenue is basically $0 right now. When asked about the MRO revenues, increasing cargo flights, and American Express money. “We‘ll have to get back to you on that”.
-Wanted to correct “misinformation” from the MEC. No specifics thereafter on what exactly was misinformed. Went on to characterize the PAYROLL GRANT as more of a general cash infusion into the business, rather than a benefit specifically for labor. Said we are currently losing 5 Billion per quarter, and that the payroll grant would essentially wipe out all loses for 2nd quarter, then we are on our own. So, in their minds the payroll grant should be considered an item on the balance sheet who’s jobs is to cover all loses across the organization.
-But they saved the best for last. When asked why they aren’t doing SILs, they claimed it would only save 10 million per month and wasn’t worth upsetting the other 25,000 employees. So, the speculation is over, that’s why they pulled the SILs. No mention that the other employees would recoup close to 100% of their regular pay with federal/state unemployment and then return to work with no expectation to have work hours cut. American and United will eventually state how much SILs saved them and it will be at least 15 million/month.
-Granted the situation is not good right now, but seemed to be a very irritated tone. Patrick Burns seems to be the gold standard for updates right now. More “Dickson-esce”
-160 pilots have taken LOAs.
-Said they haven’t decided if they’re gonna take the government loan. American has already applied for 12 Billion.
-Wanted to correct “misinformation” from the MEC. No specifics thereafter on what exactly was misinformed. Went on to characterize the PAYROLL GRANT as more of a general cash infusion into the business, rather than a benefit specifically for labor. Said we are currently losing 5 Billion per quarter, and that the payroll grant would essentially wipe out all loses for 2nd quarter, then we are on our own. So, in their minds the payroll grant should be considered an item on the balance sheet who’s jobs is to cover all loses across the organization.
-But they saved the best for last. When asked why they aren’t doing SILs, they claimed it would only save 10 million per month and wasn’t worth upsetting the other 25,000 employees. So, the speculation is over, that’s why they pulled the SILs. No mention that the other employees would recoup close to 100% of their regular pay with federal/state unemployment and then return to work with no expectation to have work hours cut. American and United will eventually state how much SILs saved them and it will be at least 15 million/month.
-Granted the situation is not good right now, but seemed to be a very irritated tone. Patrick Burns seems to be the gold standard for updates right now. More “Dickson-esce”
-160 pilots have taken LOAs.
-Said they haven’t decided if they’re gonna take the government loan. American has already applied for 12 Billion.
Last edited by mikea72580; 03-31-2020 at 12:17 PM.
03-31-2020 | 11:50 AM
#2
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Joined: Sep 2015
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-They started with a huge doses of gloom and doom by saying our revenue is basically $0 right now. When asked about the MRO revenues, increasing cargo flights, and American Express money. “We‘ll have to get back to you on that”.
-Wanted to correct “misinformation” from the MEC. No specifics thereafter on what exactly was misinformed. Went on to characterize the PAYROLL GRANT as more of a general cash infusion into the business, rather than a benefit specifically for labor. Said we are currently losing 5 Billion per quarter, and that the payroll grant would essentially wipe out all loses for 2nd quarter, then we are on our own. So, in their minds the payroll grant should be considered an item on the balance sheet who’s jobs is to cover all loses across the organization.
-But they saved the best for last. When asked why they aren’t doing SILs, they claimed it would only save 10 million per month and wasn’t worth upsetting the other 25,000 employees. So, the speculation is over, that’s why they pulled the SILs. No mention that the other employees would recoup close to 100% of their regular pay with federal/state unemployment and then return to work with no expectation to have work hours cut. American and United will eventually state how much SILs saved them and it will be at least 30 million/month.
-Seemed to be a very irritated tone.
-Wanted to correct “misinformation” from the MEC. No specifics thereafter on what exactly was misinformed. Went on to characterize the PAYROLL GRANT as more of a general cash infusion into the business, rather than a benefit specifically for labor. Said we are currently losing 5 Billion per quarter, and that the payroll grant would essentially wipe out all loses for 2nd quarter, then we are on our own. So, in their minds the payroll grant should be considered an item on the balance sheet who’s jobs is to cover all loses across the organization.
-But they saved the best for last. When asked why they aren’t doing SILs, they claimed it would only save 10 million per month and wasn’t worth upsetting the other 25,000 employees. So, the speculation is over, that’s why they pulled the SILs. No mention that the other employees would recoup close to 100% of their regular pay with federal/state unemployment and then return to work with no expectation to have work hours cut. American and United will eventually state how much SILs saved them and it will be at least 30 million/month.
-Seemed to be a very irritated tone.
That’s an accurate synopsis.
03-31-2020 | 11:53 AM
#4
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Just wow.
The dishonesty about Federal grant money is flabbergasting. It’s not as if that info can’t be looked up.
This whole “unfairness” thing is maddening. It’s not “fair” because we’re different. For starters, we work under a contract, and they don’t. It actually is completely different, and there’s no point in making “fairness” comparisons.
The dishonesty about Federal grant money is flabbergasting. It’s not as if that info can’t be looked up.
This whole “unfairness” thing is maddening. It’s not “fair” because we’re different. For starters, we work under a contract, and they don’t. It actually is completely different, and there’s no point in making “fairness” comparisons.
03-31-2020 | 11:56 AM
#6
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From: Resting
The sad thing is that I know the vast majority of Delta pilots do not like the fact that right now America, United, JetBlue, etc.... have a cost advantage over us by offering SILs. Help me, Help you.
03-31-2020 | 12:07 PM
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-They started with a huge doses of gloom and doom by saying our revenue is basically $0 right now. When asked about the MRO revenues, increasing cargo flights, and American Express money. “We‘ll have to get back to you on that”.
-Wanted to correct “misinformation” from the MEC. No specifics thereafter on what exactly was misinformed. Went on to characterize the PAYROLL GRANT as more of a general cash infusion into the business, rather than a benefit specifically for labor. Said we are currently losing 5 Billion per quarter, and that the payroll grant would essentially wipe out all loses for 2nd quarter, then we are on our own. So, in their minds the payroll grant should be considered an item on the balance sheet who’s jobs is to cover all loses across the organization.
-But they saved the best for last. When asked why they aren’t doing SILs, they claimed it would only save 10 million per month and wasn’t worth upsetting the other 25,000 employees. So, the speculation is over, that’s why they pulled the SILs. No mention that the other employees would recoup close to 100% of their regular pay with federal/state unemployment and then return to work with no expectation to have work hours cut. American and United will eventually state how much SILs saved them and it will be at least 30 million/month.
-Granted the situation is not good right now, but seemed to be a very irritated tone. Patrick Burns seems to be the gold standard for updates right now. More “Dickson-esce”
-Wanted to correct “misinformation” from the MEC. No specifics thereafter on what exactly was misinformed. Went on to characterize the PAYROLL GRANT as more of a general cash infusion into the business, rather than a benefit specifically for labor. Said we are currently losing 5 Billion per quarter, and that the payroll grant would essentially wipe out all loses for 2nd quarter, then we are on our own. So, in their minds the payroll grant should be considered an item on the balance sheet who’s jobs is to cover all loses across the organization.
-But they saved the best for last. When asked why they aren’t doing SILs, they claimed it would only save 10 million per month and wasn’t worth upsetting the other 25,000 employees. So, the speculation is over, that’s why they pulled the SILs. No mention that the other employees would recoup close to 100% of their regular pay with federal/state unemployment and then return to work with no expectation to have work hours cut. American and United will eventually state how much SILs saved them and it will be at least 30 million/month.
-Granted the situation is not good right now, but seemed to be a very irritated tone. Patrick Burns seems to be the gold standard for updates right now. More “Dickson-esce”
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