cares act 1 negotiations broke down too initially. Washington be doing Washington things.

Gov Cuomo of NY has decided to allow the schools to open which is a sign that the pandemic is over. False cases of positive COVID-19 are finally being exposed. It’s over. From this point on you will see the flying public return and business as usual will commence which should be at full strength by March 2021. Congress will pass the cares act 2.0 to assist the airlines to get to that point. No Furloughs!!!👍😃👍 we did it......

100%... been seeing how the NYT is now portraying things.... schools to open, positive pieces about how well.it went in Germany.....Oh and best of all, articles on why so many died in aged care homes in NY.........because they didn't have access to PPE...gotta love revisionist near-history.


Anyway.....back on topic. Itll come back

I like the optimism. I really do. But. Think like management. There’s no way we can continue at this level with our current staffing level. No way. Doesn’t make any sense. My guess is that we’ll see a 10-15% reduction to start followed up with corrections to that as time progresses.

TSA numbers are flat. Every airline is digging into the same pie. BB & Co. are doing everything they can:
https://www.usatoday.com/story/trave...19/3314222001/

Hope I’m wrong, but hope and reality are two different things.

Except none of the pending legislation extends PSP for airlines.

It will. Just wait.

10% is 160 guys. Most of that 160 is on first year pay until Jan, Feb, Mar. I’d have to imagine COLAs would actually save more money vs. furloughing the cheapest workers.
All the talk about CARES 2, but no one is talking about mitigation from the union. Hope to hear something soon.

Congress very well might extend payroll protection which would prevent furloughs at least for now.

But make no mistake, without the Gov't handing out more money, furloughs are coming. To every airline. Things are really bad right now, but its being masked by the bailout money. If and when the money dries up, things will get ugly. Look at the TSA travel numbers. We can't break through 800k travelers when it was well over 2 million last year. We are running about 25% of normal. You seriously think that with business down 75% there won't be furloughs? This is the worst thing that's ever happened to this industry.

Congress might extend bailout money, a vaccine may be approved relatively soon, but the fact is most people aren't flying. Not trying to be a downer here, but let's be real...

Heard we lost 65 million in July... with decent loads... with someone paying the bulk of our payroll... in the summer season. Love to be wrong but layoffs are coming.

I had a union rep tell me in a meeting with the company they were told our July was a breakeven for sales... This was 3 weeks ago but obviously things could have changed.

That being said, if we truly did lose $65 million in July, that puts us relatively on par with what NK’s cashburn was like.