Connect and get the inside scoop on Airline Companies

Welcome to Airline Pilot Forums - Connect and get the inside scoop on Airline Companies

If this is your first visit, be sure to check out the FAQ. Join our community today and start interacting with existing members. Registration is fast, simple and absolutely free.


User Tag List

Post Reply
 
Thread Tools Search this Thread
Old 03-30-2020, 09:37 AM   #21  
Line Holder
 
RickGassko's Avatar
 
Joined APC: Apr 2018
Posts: 61
Default

Quote:
Originally Posted by rickair7777 View Post
OK, I didn't look hard enough. If that's what it is then everybody should take the grant unless they have some weird circumstance.
My understanding of it as itís been explained to us at F9 is Grant $ = X Payroll $ = Y. If X<Y the difference has to be made up somewhere. Since it specifically says furloughs are off the table until Oct 1, that isnít an option. Itís the reason a COLA LOA is in the works for us now (after the stimulus was announced). If not enough people take a COLA to make up for the shortage in payroll, that may be why taking the grant $ may not be an option for some companies.
RickGassko is offline  
Old 03-30-2020, 10:10 AM   #22  
Gets Weekends Off
 
Extenda's Avatar
 
Joined APC: Sep 2014
Posts: 308
Default

Quote:
Originally Posted by rickair7777 View Post
no this is a real concern. If your employer doesn't need cash now, they might take a longer-term view.
8-777-cash-now!
Extenda is offline  
Old 03-30-2020, 10:23 AM   #23  
Gets Weekends Off
 
hoover's Avatar
 
Joined APC: Jun 2008
Position: cpt 737
Posts: 837
Default

Quote:
Originally Posted by JulesWinfield View Post
not to be a dick but that is from the FA union and they have a less than stellar reputation for being a reliable source for information on the company. FWIW the pilot union also has issues with the ETO program as it circumvents the RLA and our CBA. I think both unions just want to have a say in working together to come up with a partial leave package.
hoover is offline  
Old 03-30-2020, 10:40 AM   #24  
Prime Minister/Moderator
 
rickair7777's Avatar
 
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 25,786
Default

Quote:
Originally Posted by RickGassko View Post
My understanding of it as it’s been explained to us at F9 is Grant $ = X Payroll $ = Y. If X<Y the difference has to be made up somewhere. Since it specifically says furloughs are off the table until Oct 1, that isn’t an option. It’s the reason a COLA LOA is in the works for us now (after the stimulus was announced). If not enough people take a COLA to make up for the shortage in payroll, that may be why taking the grant $ may not be an option for some companies.
Yes, that's the math they're dealing with.

In some case it might be acceptable if X < Y by some modest amount...

1. Furloughs cost money for training, relocation, etc. If you have lots of fleet types, furloughs cost big money.

2. If they see a potential opportunity to be ready to grab market share later in the year if things rebound, they might be willing to blow a little cash in order to be fully staffed and ready. Big three probably equate massive shrinkage to survival, others may see an opportunity to play chess.

But it sounds like the grants will pretty much cover payroll costs + bennies anyway, unless somebody significantly grew their labor force since the same time period last year. Even then, probably better to take the grant.
rickair7777 is offline  
Old 03-30-2020, 02:02 PM   #25  
Gets Weekends Off
 
ugleeual's Avatar
 
Joined APC: Jun 2007
Position: 777 FO
Posts: 1,422
Default

Please read the bill before making assumptions on the future... so much misinformation by forum trolls who havenít spent 10 minutes to read the airline section of the bill.
ugleeual is offline  
Old 03-30-2020, 02:34 PM   #26  
Gets Weekends Off
 
305808's Avatar
 
Joined APC: Jul 2018
Posts: 142
Default

So if SWA doesnít take the money, do the rest of us get a bigger piece of the pie?
305808 is offline  
Old 03-30-2020, 03:05 PM   #27  
Gets Weekends Off
 
WHACKMASTER's Avatar
 
Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 3,091
Default

Quote:
Originally Posted by 305808 View Post
So if SWA doesnít take the money, do the rest of us get a bigger piece of the pie?
No. Each airline was only allocated what it would cost them to cover payroll and benefits through September 30th.
WHACKMASTER is offline  
Old 03-30-2020, 03:42 PM   #28  
Gets Weekends Off
 
SAABoroowski's Avatar
 
Joined APC: Mar 2020
Posts: 186
Default

Quote:
Originally Posted by stevo22 View Post
At least the lack of open time and premiums as well as overtime in other positions will be way lower or nonexistent this year and reduced lines will stretch it a bit further for pretty much all carriers. Even with growth I think payroll costs could be lower.
good point
SAABoroowski is offline  
Old 03-30-2020, 07:38 PM   #29  
Gets Weekends Off
Thread Starter
 
JulesWinfield's Avatar
 
Joined APC: Jan 2018
Posts: 589
Default

Quote:
Originally Posted by hoover View Post
not to be a dick but that is from the FA union and they have a less than stellar reputation for being a reliable source for information on the company. FWIW the pilot union also has issues with the ETO program as it circumvents the RLA and our CBA. I think both unions just want to have a say in working together to come up with a partial leave package.
That's fine, but there's discussion of exactly what I am talking about in the Southwest forum.
JulesWinfield is offline  
Old 03-30-2020, 08:29 PM   #30  
Prime Minister/Moderator
 
rickair7777's Avatar
 
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 25,786
Default

Quote:
Originally Posted by ugleeual View Post
Please read the bill before making assumptions on the future... so much misinformation by forum trolls who haven’t spent 10 minutes to read the airline section of the bill.
The details in the bill don't tell you who is going to take the bait. It might help you guess though.

Treasury has a say on the details too...

https://www.reuters.com/article/us-h...-idUSKBN21I09X

Last edited by rickair7777; 03-30-2020 at 09:25 PM.
rickair7777 is offline  
 
 
 

 
Post Reply
 



Thread Tools Search this Thread
Search this Thread:

Advanced Search



All times are GMT -8. The time now is 01:43 PM.