Pay Cuts?
03-19-2020 | 05:58 PM
#54
Banned
Joined: Dec 2009
Posts: 3,655
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From: Narrow/Left Wide/Right
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.
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.
03-19-2020 | 06:33 PM
#55
The REAL Bluedriver
Joined: Sep 2011
Posts: 6,935
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From: Airbus Capt
I believe the author made a gross error, somehow.
03-21-2020 | 03:48 PM
#57
Line Holder
Joined: Jan 2011
Posts: 234
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03-21-2020 | 06:40 PM
#58
Gets Weekends Off
Joined: May 2013
Posts: 2,594
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This is not coming back soon. Cuomo and Gruesome will keep Cali and NYC closed for 6 weeks minimum.
#Coronascam
03-22-2020 | 05:46 AM
#59
Gets Weekends Off
Joined: May 2014
Posts: 323
Likes: 0
From: A320 CA
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
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.
03-22-2020 | 05:57 AM
#60
The REAL Bluedriver
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
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.
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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