Pay Cuts?
03-17-2020 | 09:50 AM
#13
SDQ Base Chief
Joined: Mar 2006
Posts: 6,089
Likes: 48
From: 320 CA
Well, I think it is something that we should really consider.
First start 2019 operating revenue which was $8.1bil then subtract total stock buybacks allocated which was $2.1b. Take 10% of that number and divide by $12m eligible wages. Subtract 5% for the GAF cliff and then you have your appropriate paycut result.
0.0%, but someone check my math.
First start 2019 operating revenue which was $8.1bil then subtract total stock buybacks allocated which was $2.1b. Take 10% of that number and divide by $12m eligible wages. Subtract 5% for the GAF cliff and then you have your appropriate paycut result.
0.0%, but someone check my math.
03-17-2020 | 10:04 AM
#15
The REAL Bluedriver
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
If, if they furlough, it will be based on how many aircraft they want to operate, not how much pay pilots give back.
Furlough does require a fairly long expected time out to make sense, so not really sure it will happen.
Furlough does require a fairly long expected time out to make sense, so not really sure it will happen.
03-17-2020 | 10:27 AM
#18
The REAL Bluedriver
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
Well, I think it is something that we should really consider.
First start 2019 operating revenue which was $8.1bil then subtract total stock buybacks allocated which was $2.1b. Take 10% of that number and divide by $12m eligible wages. Subtract 5% for the GAF cliff and then you have your appropriate paycut result.
0.0%, but someone check my math.
First start 2019 operating revenue which was $8.1bil then subtract total stock buybacks allocated which was $2.1b. Take 10% of that number and divide by $12m eligible wages. Subtract 5% for the GAF cliff and then you have your appropriate paycut result.
0.0%, but someone check my math.
Also, I didn't see you correctly apply Pi.
Yet, somehow, you arrived at the correct answer.
😁
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