Originally Posted by dera

It was just to correct the claim of 3000 furloughs at WOs.
The pilot furloughs have already been announced last week.

Originally Posted by dera

You didn't read the email that was sent Aug26?

Originally Posted by jake cutter

Yeah but that was vague. Estimated furloughs, still working to mitigate, etc. Meanwhile a whole bunch of junior FO’s got a personal call from RW last week. Although I guess there’s not a whole lot more to say now. The axe is dropping.

Originally Posted by dera

There will be mitigation attempts until midnight September the 30th. Right now the number is 228. Hope it will be a few less October 1st.

Originally Posted by dera

There will be mitigation attempts until midnight September the 30th. Right now the number is 228. Hope it will be a few less October 1st.

Originally Posted by Cyio

Yeah it seems management is digging in on this. While I appreciate your efforts, I dont think any results will come from it. Had they been interested, they would have looked at all the ideas the MEC offered over the last couple of months. Unless they have come up with something new recently, I think it is what it is, unfortunately.

Originally Posted by jake cutter

Yeah but that was vague. Estimated furloughs, still working to mitigate, etc. Meanwhile a whole bunch of junior FO’s got a personal call from RW last week. Although I guess there’s not a whole lot more to say now. The axe is dropping.

Originally Posted by uavking

No one here cares about anyone besides pilots in this context. The rest of the company is not our lane.

Originally Posted by chrisreedrules

The WOs will shrink. PSA may even shrink further depending on demand and outlook going into 2021.

All 3 legacies are barreling straight towards bankruptcy. The WOs are hopefully safe until that time but in bankruptcy we will likely be for sale just like everything else. Planes or hopefully planes and pilots.

I say that because a business can’t go into bankruptcy penniless. They need operating capital to see it through and cover expenses while they work on a restructuring plan. The thing about this that is unknown right now is obviously Covid-19 and our recovery. If they go into bankruptcy and it doesn’t look like there will be a meaningful path to recovery and profitability on the backside of bankruptcy they won’t likely be able to secure further financing. And they’ll need to maximize capital to make it as far as they can in bankruptcy until we do see that recovery.

Uncharted territory boys and girls. For all of the legacies. No one knows quite how this is going to play out but the industry will again, be forever changed.