No Furlough Kool Aid
03-28-2020 | 05:24 PM
#1
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Gets Weekends Off
Joined: May 2015
Posts: 221
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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: Nov 2012
Posts: 2,030
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03-28-2020 | 07:30 PM
#5
Gets Weekends Off
Joined: Aug 2009
Posts: 190
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From: 737
It's sad to admit that is a wise decision. The pandemic is the mother of evils--the combination of 9/11 and a financial crisis added together (twice)
03-28-2020 | 07:32 PM
#6
Furloughed Again?!
Joined: Aug 2007
Posts: 4,948
Likes: 109
From: Boeing 737
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
On Reserve
Joined: Feb 2016
Posts: 74
Likes: 17
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: Aug 2007
Posts: 4,948
Likes: 109
From: Boeing 737
No Furlough Kool Aid
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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