Corona Virus and Impact on B6 Operations

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03-18-2020 | 10:38 AM

#181

Beacon32

On Reserve

Joined: Nov 2012

Posts: 11

Likes: 0

Someone estimated it would cost the company 300-400 million to shutdown the operation for 60 days. JB has $1.2 billion in cash plus a $1 billion government loan. Unless we’re shutdown for six months or more, I’m hoping between the cash on hand, loan, historically lean staffing levels that we’ll make it through without furloughing.

03-18-2020 | 10:39 AM

#182

PotatoChip

Layover Master

Joined: Jan 2013

Posts: 4,375

Likes: 9

From: Seated

Quote:

Originally Posted by HighFlight

Of the 487 people hired in the past 15 months who are still on property, 225 are 190 (46,2%) and 262 are 320 (53,8%).

Wow, i was way off. (Best Lloyd Christmas impression).
Still, though, a lot of junior people on the bus.

03-18-2020 | 10:39 AM

#183

nuball5

Gets Weekends Off

Joined: Aug 2007

Posts: 2,083

Likes: 10

Quote:

Originally Posted by HighFlight

Of the 487 people hired in the past 15 months who are still on property, 225 are 190 (46,2%) and 262 are 320 (53,8%).

In reality it doesn’t really matter. There will be 12 year Airbus Captains who cannot afford to take the reduced line and first year FO’s who can.

03-18-2020 | 10:40 AM

#184

PotatoChip

Layover Master

Joined: Jan 2013

Posts: 4,375

Likes: 9

From: Seated

Quote:

Originally Posted by Beacon32

Someone estimated it would cost the company 300-400 million to shutdown the operation for 60 days. JB HAD $1.2 billion in cash plus a $1 billion government loan. Unless we’re shutdown for six months or more, I’m hoping between the cash on hand, loan, historically lean staffing levels that we’ll make it through without furloughing.

Fixed it for you. They had $1.2b at the beginning of this mess.

03-18-2020 | 10:57 AM

#185

HighFlight

Gets Weekends Off

Joined: Feb 2016

Posts: 2,559

Likes: 0

Quote:

Originally Posted by PotatoChip

Wow, i was way off. (Best Lloyd Christmas impression).
Still, though, a lot of junior people on the bus.

Meh, not all that far. Had I not looked, I wouldn't have thought you were wrong based on the class drops thread. Hell, I posted online data that was three hours old, only to have totally different info shown a few minutes later. Things are changing fast. Chin up and best of luck to all of us through this mess.