April Adjustment Entitlement (AE)
#111
Some tidbits from Laughter's video today:
-Early retirement plan expected in a couple weeks or so. No details yet.
-500 aircraft parked now with possibility of up to 700.
-Company exploring cargo to include converting aircraft.
-Company forecasting ~50% return of pax revenue in 4Q best case
-Early retirement plan expected in a couple weeks or so. No details yet.
-500 aircraft parked now with possibility of up to 700.
-Company exploring cargo to include converting aircraft.
-Company forecasting ~50% return of pax revenue in 4Q best case
#112
I wouldn’t put too much stock in laughter‘s comment about an early retirement package. When he discussed it in today’s video he quickly mentioned how an early retirement package would be something the airline will need in other divisions within the airline. Once again he’s trying to keep our expectations in line with the rest of the employee groups. Ergo, they’re going to offer you three months salary and healthcare till you’re 65 to retire early. Then they can say well, we offered it up! Can’t see many people jumping on that.
#113
As for cargo, watch again and listen closer. He absolutely said they were exploring reconfiguring aircraft and even the possibility of making cargo part of our portfolio. Again, his words not mine.
#114
Gets Weekends Off
Joined APC: Jan 2019
Posts: 767
Amen to that . Maybe most of the news media people will use some sky miles and go on vacation too and stop scaring everyone, at least for the holidays .
#115
FYI BS said in a Q&A thread on SkyHub that training off of the displacement AE would start in July. That would imply late Apr early May for results so they can get it loaded into PBS for Jun bidding.....if they stick with deadlines
#116
It doesn't seem that would be reasonable......and that's why I remember it this way.
Denny
#117
That could easily slip a week though.
#119
Absolutely. It would be downright foolish to do a displacement AE if they are going to offer any early retirements at all. Moronic, actually.
#120
Just call me Nostradamus Jr.!!!
Denny
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