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Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   Delta (https://www.airlinepilotforums.com/delta/)
-   -   Early Out,Retirement,Furlough Negotiation (https://www.airlinepilotforums.com/delta/129787-early-out-retirement-furlough-negotiation.html)

LumberJack 06-10-2020 08:56 AM
This is the article that m3113n1a1 was referring to I think.

https://finance.yahoo.com/news/delta...124846223.html

m3113n1a1 06-10-2020 09:06 AM
Quote:
Originally Posted by bender (Post 3073228)
The authors must have edited the article because I do not see any mention of the word "default.".
Woops, wrong URL. Fixed it. Thanks.

C5Drvr 06-10-2020 12:12 PM
Early Out,Retirement,Furlough Negotiation
 
Quote:
Originally Posted by bender (Post 3073228)
The authors must have edited the article because I do not see any mention of the word "default.".

This CNN article speaks directly at it.

https://www.cnn.com/2020/06/10/busin...ult/index.html


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Banzai 06-10-2020 12:28 PM
Quote:
Originally Posted by C5Drvr (Post 3073316)
This CNN article speaks directly at it.

https://www.cnn.com/2020/06/10/busin...ult/index.html


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Are we - supposedly the most resilient airline - the only one talking about this? I can't find anything on the other major carriers.

C5Drvr 06-10-2020 12:32 PM
Early Out,Retirement,Furlough Negotiation
 
Quote:
Originally Posted by Banzai (Post 3073320)
Are we - supposedly the most resilient airline - the only one talking about this? I can't find anything on the other major carriers.

AAs debt is at very low rates and does not require service for several years. They will have merged with DAL, sold off unwanted DAL assets and paid down the debt by then.

Not sure about UAL.


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m3113n1a1 06-10-2020 01:11 PM
Quote:
Originally Posted by Banzai (Post 3073320)
Are we - supposedly the most resilient airline - the only one talking about this? I can't find anything on the other major carriers.
Our debt matures earlier than AA. Not sure about United, they're probably in the same boat.

Bergman 06-10-2020 01:55 PM
Okay, a solid “What the F@ck!!??” to both the company and ALPA. How is it that EVERYONE has gone NORDO for weeks? Silence does not instill confidence.

As my grandmother used to say, “This is no way to run a railroad!” Wish the guy running the railroad (Amtrak) was back running our company.

DALMD88FO 06-10-2020 02:23 PM
Quote:
Originally Posted by Bergman (Post 3073356)
Okay, a solid “What the F@ck!!??” to both the company and ALPA. How is it that EVERYONE has gone NORDO for weeks? Silence does not instill confidence.

As my grandmother used to say, “This is no way to run a railroad!” Wish the guy running the railroad (Amtrak) was back running our company.
Last I talked to my rep, the company gave us their idea, which was lacking, we sent our proposal then the company showed movement in the right direction and this special session that ends today is supposed to give guidance to the negotiating committee for what we would like next. So any day now....right

Abouttime2fish 06-10-2020 02:49 PM
Quote:
Originally Posted by WhiskeyDelta (Post 3073221)
I’ve heard it through the grapevine the company has acknowledged to ALPA they screwed up not offering SILs. Perhaps that’s a ray of sunshine they may alter course a bit. Not overwhelmingly hopeful but I suppose it’s possible?
EB - so sorry, see the nice carrot? It’s yours, free, just because we like you. Don’t mind JL there behind you.

JL - big optimized bat smacks you over head.

EB - those pilots, ha ha, they fall for it every time! Now I’m tired, gonna take a nap.

Funk 06-10-2020 03:25 PM
Quote:
Originally Posted by Abouttime2fish (Post 3073379)
EB - so sorry, see the nice carrot? It’s yours, free, just because we like you. Don’t mind JL there behind you.

JL - big optimized bat smacks you over head.

EB - those pilots, ha ha, they fall for it every time! Now I’m tired, gonna take a nap.

EB did mention in the townhall relaxing the pursuit of efficiencies in the name of spreading work around to preserve jobs, and I believe he mentioned a number of work groups, including pilots when he said it. He also said they weren’t interested in furloughing (employees in general) only to hire people back. Now, what the eventual gap is between what they say and what they do . . .


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