Or there are no longer flights to commute on.

Let's make a deal sucka!
 

If this doesn't turn around by June, their won't be an AAL, so they can offer anything they want, they aren't going to have to pay it. They could offer a kabillion zillion dollars per day if they want, nobody will see a dime once the company is on it's butt.

American Airlines isn't going anywhere. They may furlough, enter bankruptcy, emerge lean and mean, but you're fooling yourself if you think that they're going out of business.


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Who's going to be the Lehman Bros or Bear Stearns of the airlines when the bottom drops out? While major banks were bailed out in '08, there were a couple that cratered before the government stepped in. Or do you think taxpayers are going to be on the hook for all the airlines?

Delta.....they have no plan and are in scheduling chaos.

Well, we have six months of certain survivability based on snapshot of today. In 12 months of worst case status quo, SWA is gone.

Why would you think this? IMO, if SWA is gone so are many others. They by far have the most dense network domestically, the best balance sheet, and credit rating. So, I'm honestly curious why you think this.


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because Gary has said this very frankly several times.

SWA is the most financially sound carrier. Several workgroups are negotiating at this time and Gary will say just about anything to gain concessions. Gary took a 10% cut in pay due to the coronavirus while other CEOs dropped to zero. He can pack sand.

Amen. He took a 10% cut of his BASE SALARY which is only a part of his total compensation package.

Gary did state that very frankly. In and of itself, I do believe that as a fact. What he failed to mention is that by that point, portions of the federal government will fail to function and we will be on the brink of a survivalist wet dream.
I am all about staying home for another month to get through this thing, but no American is going to sit on their hands for 6 months, never mind 12. At some point, this country is going to get back to business, even if that means a significant death toll.
Again, just to be clear, I am advocating flattening the curve and staying home, just not for 6 months. Starting in June, I believe there will be a phased opening of the economy with safety measures in place and hopefully some rock solid rapid testing. Once folks are not afraid to leave their houses, the economy will be back with a little help.

Agreed. His base salary is a very small part of his total pay. I personally think he was already looking for a Bob Iger-esque (Disney CEO) off ramp to retirement. For all the pilot hate that has been flung his direction, he has done an amazing job with transforming this company into what it was two months ago. My money is on him staying on to see this thing through to recovery and then announcing his retirement with Nealon taking over.

Just because you don't know the plan......doesn't mean they have NO plan. Scheduling chaos??? How do you cancel 80% of your flights in two weeks, and fly many planes to temp storage with out scheduling chaos.

We shall see, but I suspect you will be disappointed.

I hope I am....that means they are still in existence.

Evert syllable you utter is true. That doesn't mean that they can't be replaced with people equally important, and just as suitable, who 90 days earlier had no idea they would end up in the airline industry.

SWA will be the last man standing, if it comes to that.

And worst case, if this virus crisis is still a thing 12 months from now, and we haven't developed technology, therapies, and protocols for dealing with it more effectively than we are now, then before allowing the last remaining airline to fall and stripping our nation of airline service, the government will step in with stimulus just like they did with the CARES Act. Remember, airlines are critical national infrastructure. It's the whole idea behind the RLA.

The government will not allow all airlines to fail.

If it’s status quo 1 year from now and you are still worried about your airline, YOU get a trophy.

I want to see a meaningful early out package. 500 guys off the top would save a substantial number on the bottom.


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I think most people who have any substantial money in their Top Hat plan would be absolutely foolish to not take an early out and protect their investments.

But what do I know...

Exactly. I can’t imagine they wouldn’t offer that before more drastic measures. It’d be a win for the Kompany, too.

kinda of the reason I wouldnt participate heavily in top hat.

I lost my A-plan in my previous airline's first Chapter 11. Fool me once...

I’d also like to see that. “Meaningful” being the key word or enough folks won’t take it. Management needs to work with SWAPA though and not try to side-step