Corona Virus and Impact on B6 Operations
03-18-2020, 10:38 AM
#181
New Hire
Joined APC: Nov 2012
Posts: 9
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
Layover Master
Joined APC: Jan 2013
Position: Seated
Posts: 4,310
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%).
Still, though, a lot of junior people on the bus.
03-18-2020, 10:39 AM
#183
Gets Weekends Off
Joined APC: Aug 2007
Posts: 2,001
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
Layover Master
Joined APC: Jan 2013
Position: Seated
Posts: 4,310
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.
03-18-2020, 10:57 AM
#185
Gets Weekends Off
Joined APC: Feb 2016
Posts: 2,559
Originally Posted by PotatoChip
Wow, i was way off. (Best Lloyd Christmas impression).
Still, though, a lot of junior people on the bus.
Still, though, a lot of junior people on the bus.
03-18-2020, 11:08 AM
#187
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,879
Originally Posted by Beacon32
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.
The government loans/grants haven't happened yet but they will.
03-18-2020, 11:45 AM
#189
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,879
Originally Posted by Cirrusly
How long does it take for them to release the Paid leave awards?
You mean how long did it take during the last zombie apocalypse to release the awards?
