No Furlough Kool Aid
03-28-2020, 05:24 PM
#1
Gets Weekends Off
Thread Starter
Joined APC: May 2015
Posts: 221
No Furlough Kool Aid
With many experts pointing to this being an 18 month event, minimum, how deep would furloughs go? Seems like they would be inevitable based on the current load factors. Plus we were over staffed going into this.
03-28-2020, 05:33 PM
#2
Gets Weekends Off
Joined APC: Nov 2012
Posts: 2,030
Originally Posted by Spark
With many experts pointing to this being an 18 month event, minimum, how deep would furloughs go? Seems like they would be inevitable based on the current load factors. Plus we were over staffed going into this.
Hopefully there will be voluntary programs first.
03-28-2020, 07:30 PM
#5
Gets Weekends Off
Joined APC: Aug 2009
Position: 737
Posts: 190
Originally Posted by LuscombeGuy
I'm at 88% and saving for the "just in case emergency fund" now. I did read the Union letter this week and feel good about staying on property to at least Sept.
03-28-2020, 07:32 PM
#6
Furloughed Again?!
Joined APC: Aug 2007
Position: Boeing 737
Posts: 4,795
How long is your emergency fund good for? We are at 6 months expenses, but thankfully my wife works in a non-airline field and can shoulder most of the expenses even if I am unemployed.
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03-28-2020, 07:57 PM
#7
Line Holder
Joined APC: Feb 2016
Posts: 55
We were doing the Dave Ramsey plan and ironically got debt free 2 weeks before the corona virus hit. Now we have 3 months of Emergency Fund and hoping to add as much as we can between now and Sept. (assuming SW takes the bail out funds and delays any possible furlough).
03-29-2020, 02:29 AM
#10
Furloughed Again?!
Joined APC: Aug 2007
Position: Boeing 737
Posts: 4,795
No Furlough Kool Aid
Originally Posted by 5and20
If this goes into the next year my guess is 1500 F/Os furloughed and 750 downgrades.
I think that's way low. I'm thinking at least double that. We were already overstaffed by about 700 for the Max. 1500 FOs would only be parking about 100 airplanes.
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