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-   -   Recession survival thread (https://www.airlinepilotforums.com/envoy-airlines/128219-recession-survival-thread.html)

FUPMEagle 03-17-2020 09:36 AM

Recession survival thread
 
Not trying to fear monger here, but I can't believe no one is discussing this. The global economy is screeching to a halt, the U.S. markets have fallen nearly 30% in the last couple of weeks. No one knows where the bottom is going to be, but with whole industries shutting their doors for at least two months, things will likely get worse before we see an improvement. AA has given options to their pilots to take a voluntary leave of absence this year. But no word on how we will be affected yet. Supposedly there will be some sort of airline bailout package, but no details as of yet. I hope I'm wrong in all this, but now is the time to start planning and preparing. Especially those on the bottom 50% of the seniority list.

FUPMEagle 03-17-2020 09:59 AM


Originally Posted by coodrough568 (Post 3001488)
oh really???

Just stating facts. Do you have any contrary info?

rickair7777 03-17-2020 10:05 AM

I recall last time around one of the airlines (NWA or one of their commuters?) published a survival brochure for their furloughees which included tips on dumpster diving. Completely serious.

ZR29907 03-17-2020 10:10 AM


Originally Posted by FUPMEagle (Post 3001494)
Just stating facts. Do you have any contrary info?

Everyone in this profession should know how this all works. We’ve been here before and it’ll happen again.

I don’t care where you are on the seniority list, if you (not you personally) haven’t made a plan B or C, you’ve got nobody to blame but yourself.

NoValueAviator 03-17-2020 10:21 AM

My plan B is to accept the company's generous offer to sit at home w/ greatly reduced pay but apparently they want me to die of corona stranded in a hotel 2000 miles from home and replace me with a displaced TSA guy.

Bruno82 03-17-2020 10:41 AM

Not an encouraging com from the MEC


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uavking 03-17-2020 10:46 AM

Solidarity, gents.


Originally Posted by Bruno82 (Post 3001539)
Not an encouraging com from the MEC


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CaseTractor 03-17-2020 10:50 AM


Originally Posted by Bruno82 (Post 3001539)
Not an encouraging com from the MEC


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is it on the website? I didn’t get an email?

CLE to IAH 03-17-2020 11:18 AM

Goodness. Standby to standby, I guess.


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