Pay Cuts?
03-19-2020, 05:58 PM
#54
Banned
Joined APC: Dec 2009
Position: Narrow/Left Wide/Right
Posts: 3,655
Originally Posted by Bluedriver
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 APC: Sep 2011
Position: Airbus Capt
Posts: 6,881
Originally Posted by full of luv
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.
03-21-2020, 03:48 PM
#57
Gets Weekends Off
Joined APC: Jan 2011
Posts: 208
Originally Posted by Papa Bear
full pay to the last day...less block hours for serious gains in cba language
03-21-2020, 06:40 PM
#58
Gets Weekends Off
Joined APC: May 2013
Posts: 2,594
Originally Posted by Combatcraig
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
03-22-2020, 05:46 AM
#59
Gets Weekends Off
Joined APC: May 2014
Position: A320 CA
Posts: 323
Originally Posted by Bozo the pilot
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 APC: Sep 2011
Position: Airbus Capt
Posts: 6,881
Originally Posted by Papa Bear
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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