Bonuses no more?
#21
Line Holder
Thread Starter
Joined APC: Feb 2016
Posts: 81
I agree. The way I read it: request 100 million or more, you cannot furlough. Requesting less than 100 million, you can furlough and reduce route structure. The article is a bit oddly worded though and I had to read it a couple times, so I could be wrong
#26
Line Holder
Joined APC: Feb 2018
Position: CL-604 PIC
Posts: 56
That doesn't answer the question. With the economy going gang busters and the majors hiring like crazy, there was no indication of this happening. It took about 2 weeks or less to basically destroy the airline business. No one could have possibly predicted this.
#27
Banned
Joined APC: Oct 2019
Posts: 116
Never chase a bonus
#28
Gets Weekends Off
Joined APC: Nov 2016
Posts: 896
many of us predicted a downturn in the very near future. But none of us thought that it would happen this quickly.
#29
Line Holder
Joined APC: Feb 2018
Position: CL-604 PIC
Posts: 56
Based on what information? Downturns are inevitable. Thanks to the federal reserve and our monetary policy, but that's a whole different discussion. I agree no one saw this coming this quickly. But no one is "predicting" anything. I could predict the sun will rise tomorrow. When it does, does that prove I had some supernatural foresight of the event? Of course not because it was bound to happen by nature. Semantics I suppose.
#30
Gets Weekends Off
Joined APC: Jan 2019
Posts: 1,130
Based on what information? Downturns are inevitable. Thanks to the federal reserve and our monetary policy, but that's a whole different discussion. I agree no one saw this coming this quickly. But no one is "predicting" anything. I could predict the sun will rise tomorrow. When it does, does that prove I had some supernatural foresight of the event? Of course not because it was bound to happen by nature. Semantics I suppose.
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