Delta declines CARES act Money
09-14-2020, 11:45 AM
#31
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Originally Posted by tennisguru
Every airline took the grants, which included the no furlough guarantee. To my knowledge Delta, and maybe Southwest are the only airlines that haven't also taken the loans. The loans come with strings attached as far as stock buybacks, dividends, and executive compensation.
09-14-2020, 11:47 AM
#32
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Originally Posted by beis77
Just making an educated guess here, but for any among the 600 “saved” UNAs that weren’t awarded reinstatement, it’s probably more about commuting and/or pay. Some may have come off the ER, or another category paying more than 717 pay. Or perhaps they were in a base other than NYC (like ATL 717 or SLC 220). If I were in their shoes, I’d happily give up an extra month or two of UNA if it meant being reinstated in a category that I’d want to be in (higher pay and/or no commute) for the next 2-3 years while this mess sorts itself out. As it stands now, those UNAs not awarded a reinstatement and not being furloughed will likely get a NB to NYC assigned in Oct.
Gotcha....that is kinda what I thought. So for some could be good, some could be bad. Seems a rebid woulda been bestest and fairer
BTW....I don't think it was intentional pilot poking( not much to be gained by intentionally pizzing off pilots), just ineptness. They shoulda just eaten the short term training costs associated with their blunder in the interest of fairness
09-14-2020, 12:08 PM
#33
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Originally Posted by cynicalaviator
Sorry if this is slightly off topic, but I have been trying to find out what are the latest booking projections for the next 12 months.
Last town hall I watched was several weeks ago and indicated that the company was hoping for 50% of pre covid bookings by XMAS 2020 and between 60 and 80% for summer 2021.
is that still true?
Last town hall I watched was several weeks ago and indicated that the company was hoping for 50% of pre covid bookings by XMAS 2020 and between 60 and 80% for summer 2021.
is that still true?
09-14-2020, 12:20 PM
#34
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Originally Posted by tennisguru
I agree, however I also don't understand why any of the 1941 wouldn't just go ahead and put in an AE/reinstatement bid anyways. Heck, even if you just checked the reinstatement box and did nothing else that's still better than nothing. Yes, the company said we'd be excluded, but they can't lock you out of AE bidding in icrew and given the extreme unpredictability of the company over the past 6 months to me it just made sense to have something sitting there just in case. Took all of 3 minutes of my life to do.
09-14-2020, 01:39 PM
#35
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Originally Posted by tennisguru
I agree, however I also don't understand why any of the 1941 wouldn't just go ahead and put in an AE/reinstatement bid anyways. Heck, even if you just checked the reinstatement box and did nothing else that's still better than nothing. Yes, the company said we'd be excluded, but they can't lock you out of AE bidding in icrew and given the extreme unpredictability of the company over the past 6 months to me it just made sense to have something sitting there just in case. Took all of 3 minutes of my life to do.
09-14-2020, 02:58 PM
#36
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Originally Posted by Drum
No. They are manning the airline for 40%ish pre-cv bookings summer 2021. Think it was a JL skynet blurb or some such.info source that came out after the VEOP rescind date but before the AE.
Thanks for the reply.
09-14-2020, 03:28 PM
#37
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Originally Posted by Drum
No. They are manning the airline for 40%ish pre-cv bookings summer 2021. Think it was a JL skynet blurb or some such.info source that came out after the VEOP rescind date but before the AE.
09-14-2020, 03:39 PM
#38
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Originally Posted by D B Cooper
9450 active pilots is about 73% of last summer. That's slightly down from their MOAD number of 78%.
9450 was predicted for March 2021. March is not summer so I take issue with those being used as summer requirements.
09-14-2020, 03:40 PM
#39
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Originally Posted by Drum
No. They are manning the airline for 40%ish pre-cv bookings summer 2021. Think it was a JL skynet blurb or some such.info source that came out after the VEOP rescind date but before the AE.
09-14-2020, 03:41 PM
#40
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The original plan was 50% by the end of 2020 then 80% through 2021.
That morphed to down to 60-80% through 2021 since bookings are down from their original thought process that would get them to that 80%.
We will lose about 15% from the VEOP and mandatory retirements through 2021 and the proposed furlough number through 2021 is another ~13%.
That morphed to down to 60-80% through 2021 since bookings are down from their original thought process that would get them to that 80%.
We will lose about 15% from the VEOP and mandatory retirements through 2021 and the proposed furlough number through 2021 is another ~13%.
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