Wheels Up Hiring
06-27-2024 | 04:40 AM
#31
Gets Weekends Off
Joined: Feb 2006
Posts: 6,232
Likes: 62
From: B-737NG preferably in first class with a glass of champagne and caviar
I see many adverts from the Regionals, looking for DECs and F/Os on this very website. I'd bet the majority will be swooped up. Apply... Apply... Apply! The majors are slowing down. My your time from the cockpit be minimal.
How management goes home without a conscience is just all beyond.🤬
How management goes home without a conscience is just all beyond.🤬
06-27-2024 | 05:43 AM
#32
Line Holder
Joined: Oct 2010
Posts: 1,991
Likes: 187
06-27-2024 | 06:42 AM
#33
Banned
Joined: Oct 2021
Posts: 887
Likes: 4
06-28-2024 | 06:38 AM
#34
On Reserve
Joined: Apr 2024
Posts: 15
Likes: 2
They gave us 8 weeks' pay as severance, which is about the general penalty for violating the WARN act. They may have just paid the fine and called it a day. Also, it was prominently noted to us that this was not a furlough, it was straight layoffs. No expectations to return.
By seniority. Lowest FOs across all fleets, not just King Airs. The 11 percent number is low, probably media spin. I won't quote the actual seniority list number to keep myself safe but it's about 20 percent
The problem with this is the majority of us are 1200-1400 hour guys for whom this was the first job outside of the CFI and Part 91 world. A lot of scrambling going on to try and get 1500 to be able to hop somewhere else. Appreciate your sentiments.
This article says 11% of pilots were laid off, concentrated in the KingAir Fleet. Did they lay off by seniority or by equipment?
https://www.ainonline.com/aviation-news/business-aviation/2024-06-25/wheels-lays-11-its-pilot-staff?utm_campaign=AIN%20Alerts&utm_medium=email&_ hsmi=313334613&utm_content=313334613&utm_source=hs _email
https://www.ainonline.com/aviation-news/business-aviation/2024-06-25/wheels-lays-11-its-pilot-staff?utm_campaign=AIN%20Alerts&utm_medium=email&_ hsmi=313334613&utm_content=313334613&utm_source=hs _email
By seniority. Lowest FOs across all fleets, not just King Airs. The 11 percent number is low, probably media spin. I won't quote the actual seniority list number to keep myself safe but it's about 20 percent
I see many adverts from the Regionals, looking for DECs and F/Os on this very website. I'd bet the majority will be swooped up. Apply... Apply... Apply! The majors are slowing down. My your time from the cockpit be minimal.
How management goes home without a conscience is just all beyond.🤬
How management goes home without a conscience is just all beyond.🤬
06-28-2024 | 06:47 AM
#35
Gets Weekends Off
Joined: Mar 2006
Posts: 567
Likes: 0
From: retired
06-29-2024 | 09:44 AM
#36
In a land of unicorns
Joined: Apr 2014
Posts: 7,072
Likes: 103
From: Whale FO
8 weeks of pay and not working is financially equivalent to 60 day notice of termination.
Still sucks for everyone involved.
06-29-2024 | 09:47 AM
#37
In a land of unicorns
Joined: Apr 2014
Posts: 7,072
Likes: 103
From: Whale FO
Good luck!
06-29-2024 | 01:43 PM
#38
Line Holder
Joined: Oct 2010
Posts: 1,991
Likes: 187
Interesting - I thought there was a state level component that could be more stringent than the federal level. But they complied with money...guess that's better than the alternative. Like you said, sucks for all involved. [/size]
07-01-2024 | 02:09 PM
#39
On Reserve
Joined: May 2023
Posts: 25
Likes: 1
Wheels Up stock, trading under the symbol UP, rose over 17% today. This is following a few days of smaller gains. I have searched for news articles, but have not found any that are recent.
Does anyone have any idea who or what is driving up the stock price?
Does anyone have any idea who or what is driving up the stock price?
07-01-2024 | 03:22 PM
#40
Gets Weekends Off
Joined: Feb 2015
Posts: 234
Likes: 0
From: Begging for a crew meal
Who knows. But the $2.22 current price is really $0.22.
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