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Old 09-16-2020, 12:05 PM
  #71  
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Originally Posted by notEnuf View Post
22 months assuming no improvement what so ever. I'm positive the business plan accounts for a return of revenue or... bankruptcy. In either case I'd prefer the PWA remain in tack until the result.
Closer to 30 months with the new debt.
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Old 09-16-2020, 12:29 PM
  #72  
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Originally Posted by boog123 View Post
You can always write a check.
If we furlough, I will certainly be donating to the furlough fund.
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Old 09-16-2020, 12:36 PM
  #73  
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Originally Posted by 1Bob View Post
I guess you were one of the three junior pilots supporting some type of retirement restoration for the DeadZoners too?
I was! I thought going into Contract 2019 there should be something to make whole the dead zoners. 100%
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Old 09-16-2020, 12:55 PM
  #74  
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To summarize then, in general, most people are comfortable with the position that the company's current strategy is to outlast the pandemic and to potentially cash in on pent up demands. Times have changed from 2001. Management has changed. Pension was a huge target back then. M&A was for the survival of the industry. What are the big targets now? What are the big questions we are not asking? Does it matter? Above my pay grade? Yes.
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Old 09-16-2020, 01:38 PM
  #75  
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Originally Posted by Herkflyr View Post
Losing $750mil a month? Not for long.
Even inflight eventually a resolution has to happen. You missed the point, and I think you understood mine but instead chose to be snarky.
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Old 09-16-2020, 02:21 PM
  #76  
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Originally Posted by sailingfun View Post
Its likely that if they took the government loan they would not have secured the private 6 billion dollar loan they just got. Lenders look at things like debt when making loan decisions. The private loan has better terms.
Better for who? Not us as employees.
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Old 09-16-2020, 02:22 PM
  #77  
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Originally Posted by bender View Post
If we furlough, I will certainly be donating to the furlough fund.
Every pilot should donate.
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Old 09-16-2020, 02:26 PM
  #78  
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Originally Posted by XJ86 View Post
And here we go a prime example of someone who thinks it happened to me so its only fair it happens to you.... in case you haven't figured it out furloughs arent a right of passage, we all have been f'd by the industry more times then we can count. But IT HAS TO STOP SOMEWHERE WITH ONE GENERATION OF PILOTS
i think the OP just poorly stated his thinking. Airlines have always hired until they furloughed. It’s simply tied to the business and the economy. It just isn’t possible for any pilot group to prevent a furlough when an airline is way over staffed. Airlines take such an opportunity to divide the pilot group and any cuts to save jobs become permanent. It’s nothing more than a degradation of the job you will come back to and ultimately have to live your life under.
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Old 09-16-2020, 02:45 PM
  #79  
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Originally Posted by Rooster435 View Post
Was there any discussion about the AE. Specifically on the reinstatements. Headed to training in a few weeks and wondering if they are going to waste everyone’s time by training people twice.
As a follow up to my own question. Training called me today to cancel my upcoming IQ course because of my reinstatement. I was about 3 weeks out from training start.
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Old 09-16-2020, 02:49 PM
  #80  
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Originally Posted by cessnapilot View Post
i think the OP just poorly stated his thinking. Airlines have always hired until they furloughed. It’s simply tied to the business and the economy. It just isn’t possible for any pilot group to prevent a furlough when an airline is way over staffed. Airlines take such an opportunity to divide the pilot group and any cuts to save jobs become permanent. It’s nothing more than a degradation of the job you will come back to and ultimately have to live your life under.
After reading United's TA, I'm really hoping I don't see us agree to anything. United's TA is scary as hell to me.
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