Quote:
Originally Posted by The Farang
Just curious of your logic behind all this?
1. Delta is offering 226 SIL lines (i believe they pay you 40 hours to stay at home all month)
2. Delta isn't furloughing YET, because right now it will take them too long to recoup the loss associated with furloughing.
3. We've seen the bottom because the market is up this week? Watching too much CNBC are we?
4. Curious how you THINK Delta can make a lot more by selling compass? Seems to me their flying 76 seat jets for 50 seat rates. Max Longevity at compass is 2 year CA rate. Seems like cheap labor to me.
What do I know. I'm a right seat skipper.
Cheers mates
Your info isn't entirely accurate. DAL has ALWAYS offered SILs in the fall & winter. It's 55 hours of pay(can't be a vacation month & you can't pick up open time) for sitting at home all month off duty AND it goes very senior. Airlines staff for the summer, not the winter & as a result typically end up a little heavy in the winter.
Second, DAL COULD furlough between 150-200 and get a ROI in as little as 12 months. If the # goes to 400+ you're looking at closer to 22 months. The drop in morale & a slight uptick are deterents to a small furlough.
Third, in case you haven't noticed the market has not been up just this week but about the last 4 months. That's what the NYSE is saying, not just CNBC.
Last, I think Compass is attractive to RAH because of the E-Jet product, but the flow back goes with the sale and I don't think BB wants that. Comair or Mesaba could be very attractive to Skywest as they will most likely be looking for a life vest if UA files CH 7.