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Or there are no longer flights to commute on.
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Let's make a deal sucka!
Originally Posted by DHC8DRV
(Post 3012603)
Compared to the offer AA got, this doesn’t even come close. For where I’m at, 5 year FO pay its $3000 less a month.
AA offer of 55 hours a month at 169/hr = $9300 SW offer of 44TFP a month at 143/tfp = $6300 Maybe they think SWAG points will make up for it!! |
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?
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Originally Posted by Timmay
(Post 3030712)
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?
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Well, we have six months of certain survivability based on snapshot of today. In 12 months of worst case status quo, SWA is gone.
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Originally Posted by at6d
(Post 3030767)
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. Sent from my iPhone using Tapatalk |
Originally Posted by 4V14T0R
(Post 3030787)
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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Originally Posted by hoover
(Post 3030863)
because Gary has said this very frankly several times.
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Originally Posted by docav8tor
(Post 3030976)
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.
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