Furloughs
04-30-2020, 06:08 PM
#18
Porco Rosso
Joined APC: Apr 2018
Posts: 2,522
Originally Posted by DirkDiggler
Over the last 10 years the airlines have posted billions upon billions in profits, of which 96% of that went towards shareholder buybacks.
That 96% number is free cash flow, not profits. That number is also skewed by AA, which spent $12.9B on buybacks with almost $8B of negative free cash flow.
Remove AA, and the number is more like 60%, which is close to S&P averages.
04-30-2020, 06:36 PM
#19
Gets Weekends Off
Joined APC: Feb 2008
Position: It's a plane and it's a seat
Posts: 950
Originally Posted by WhiskeyDelta
Only for the loan, not the grant. No airline has received any loan money.
Unless things have changed you aren’t considered a pilot on the seniority list till you complete your LOE.
04-30-2020, 06:41 PM
#20
Gets Weekends Off
Joined APC: Mar 2016
Position: Here and there
Posts: 1,906
Originally Posted by flynd94
Unless things have changed you aren’t considered a pilot on the seniority list till you complete your LOE.
So if they aren’t seniority list pilots, is it really furlough?
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