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Originally Posted by Bluedriver
(Post 3004353)
I also forgot, this analysis was also done before JB announced 40% capacity cuts from April into the summer.
Off by magnitudes is an understatement. |
Originally Posted by SaintNick
(Post 3004354)
off by good or bad?
The article understated JBs abilities, by a lot. |
Originally Posted by Bluedriver
(Post 3004369)
JB right now probably has 200-250 days of operating cash with some reasonable assumptions.
The article understated JBs abilities, by a lot. |
Originally Posted by Bluedriver
(Post 3003687)
It's actually quite inaccurate. Dramatically so.
As mentioned, it doesn't include the newly acquired $1 billion in liquid cash. But possibly most striking, is that it values JB's 1/3 of its fleet which is unencumbered, as well as JB's extraordinarily valuable slot portfolio, at only $200 million. That's off by magnitudes. |
Originally Posted by full of luv
(Post 3004591)
not validating any of that article but the argument can be made that at THIS moment slots and used aircraft are not at peak values if needed to be liquidated.
I believe the author made a gross error, somehow. |
full pay to the last day...less block hours for serious gains in cba language
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Originally Posted by Papa Bear
(Post 3006658)
full pay to the last day...less block hours for serious gains in cba language
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Originally Posted by Combatcraig
(Post 3006766)
I like where your head I s at. I’m in. Will the FLICA *****s be? Will ALPA ask. Will the senior guys vote to keep the rookies on board? Crazy times...
This is not coming back soon. Cuomo and Gruesome will keep Cali and NYC closed for 6 weeks minimum. #Coronascam |
Originally Posted by Bozo the pilot
(Post 3006939)
Cannot allow pay concessions. If they have to furlough, so be it, but furloughs are far down the FOG list because of cost. Plus, when things ramp up in January, theyll need every swingin D.
This is not coming back soon. Cuomo and Gruesome will keep Cali and NYC closed for 6 weeks minimum. #Coronascam If we take pay cuts ...THE COMPANY WILL FURLOUGH ANYWAYS!!! They get less pilots at a cheaper rate. They are always playing the long game. |
Originally Posted by Papa Bear
(Post 3007252)
Yep...i think you are right...We dont give an inch on those pay concessions. At this point ( I saw someone mention USAIR2.0) if we give in we are stuck with it for years and years to come. Gotta keep thinking long game!
If we take pay cuts ...THE COMPANY WILL FURLOUGH ANYWAYS!!! They get less pilots at a cheaper rate. They are always playing the long game. |
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