Furloughs
04-30-2020 | 03:46 PM
#4
Gets Weekends Off
Joined: Sep 2019
Posts: 176
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As you know, the airline industry has been devastated by the impact of the COVID-19 pandemic. ExpressJet will be forced to reduce flights by more than 78% capacity, with no prospect for improvement over the next few months. This situation has impacted our company’s business significantly, and as a result, we have been forced to make some very difficult personnel decisions. Due to these conditions, it is necessary for our company to implement a furlough of pilot trainees in the Flight Operations group effective April 30, 2020.
04-30-2020 | 04:37 PM
#10
Gets Weekends Off
Joined: Sep 2011
Posts: 707
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From: lav dumper
It amazes me, these greedy executives and CEO's. Over the last 10 years the airlines have posted billions upon billions in profits, of which 96% of that went towards shareholder buybacks. Now a rainy day comes along and they cry to congress they have no money. Meanwhile over the past decade the executives have amassed their own little fortunes. Now congress, using the American taxpayer dollars bails them out, to protect maybe some jobs. But in the end a good amount of people will still probably be furloughed anyway. It's almost criminal.
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