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Old 09-08-2020, 05:04 AM
  #21  
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Originally Posted by Mozam View Post
No kidding. I can’t believe how many are so against just lowering LG .

Given the right language, I have zero problem with temporarily lowering LG to prevent furloughs. I just think people are getting ahead of themselves, as usual.
Gary has said we are safe through the end of the year. He wants to see what 1 and 2Q 2021 look like before making drastic changes. Good on him for staying the course.
It just kills me that as soon as things look slightly dark, folks are willing to negotiate in a very public way on concessions that haven't even been brought up by the company.
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Old 09-08-2020, 07:06 AM
  #22  
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Originally Posted by e6bpilot View Post
Given the right language, I have zero problem with temporarily lowering LG to prevent furloughs. I just think people are getting ahead of themselves, as usual.
Gary has said we are safe through the end of the year. He wants to see what 1 and 2Q 2021 look like before making drastic changes. Good on him for staying the course.
It just kills me that as soon as things look slightly dark, folks are willing to negotiate in a very public way on concessions that haven't even been brought up by the company.
Why lower line guarantee before limiting max credit? If someone is regularly getting 170 and you limit them to 110 that’s nearly 1 FO saved. Do it for the entire pilot group to figure out TFP saved by not being a OT *****. Then, offer more ETO, EXTO lines and possibly do a 1 on, 1 off like other airlines. Once you’ve exhausted all options do you lower guarantee.
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Old 09-08-2020, 07:54 AM
  #23  
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Originally Posted by flyguy81 View Post
Why lower line guarantee before limiting max credit? If someone is regularly getting 170 and you limit them to 110 that’s nearly 1 FO saved. Do it for the entire pilot group to figure out TFP saved by not being a OT *****. Then, offer more ETO, EXTO lines and possibly do a 1 on, 1 off like other airlines. Once you’ve exhausted all options do you lower guarantee.

Lowering min line guarantee is a self correcting concession. Limiting max credit is not. I would rather give up something that is not going to be an issue when demand returns and the lines are worth 90 plus again.
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Old 09-08-2020, 07:55 AM
  #24  
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As a 'glass-half-empty' type, even I'm not envisioning furloughs at SWA. With 1/3 of their labor already out on extended leaves or early retirement and the additional flexibility of month to month leaves, while currently adding destinations, I tend to believe GK is simply doing what the rest of the CEOs are doing: looking for CARES 2 handouts.

Regions recovering as death rates decrease, virus loses strength, and therapeutics improve. The media's fixation (fascination?) on hourly death counts is falling on deaf ears; predictions of millions stacked like cordwood have long passed. A vaccine on the immediate horizon, 150 million rapid tests, election year shenanigans over (and 'peaceful' protests), schools, restaurants and businesses will open, conventions, cruise lines, hotels, etc,, domestic travel will likely pick up over the holiday and continue to expand through spring and summer.

TSA throughput almost hit a million travelers last friday which puts it close to 50% the same day last year (2.2M I'd predicted 1M by thanksgiving so even my pessimistic prediction was off). While I agree the international side will take longer to recover, I expect SWA to seize upon this once-in-a-lifetime opportunity to expand into vacated lucrative markets. This is GK's 'Herb moment' to capitalize on the demise of others; I highly doubt he will squander it by furloughing away his dry powder, and ruin SWA's no-furlough record... while sitting on a $15B war chest.
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Old 09-08-2020, 08:25 AM
  #25  
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Originally Posted by flyguy81 View Post
Why lower line guarantee before limiting max credit? If someone is regularly getting 170 and you limit them to 110 that’s nearly 1 FO saved. Do it for the entire pilot group to figure out TFP saved by not being a OT *****. Then, offer more ETO, EXTO lines and possibly do a 1 on, 1 off like other airlines. Once you’ve exhausted all options do you lower guarantee.

Limiting max credit does nothing. Look how many trips end up going to reserve on the weekends . Even asking to limit max credit will chase off anyone who was/ is willing to lower LG. Keep in mind I am a low time flyer saying this. Even hearing this makes me want to vote NO on any change , even a lower LG.
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Old 09-08-2020, 11:06 AM
  #26  
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Originally Posted by Mozam View Post
Limiting max credit does nothing. Look how many trips end up going to reserve on the weekends . Even asking to limit max credit will chase off anyone who was/ is willing to lower LG. Keep in mind I am a low time flyer saying this. Even hearing this makes me want to vote NO on any change , even a lower LG.
Lol. Still voting are you?
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Old 09-08-2020, 11:31 AM
  #27  
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Originally Posted by MudhammedCJ View Post
Lol. Still voting are you?
Do not see why I would not be. Kind of a random statement .
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Old 09-08-2020, 12:39 PM
  #28  
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Senate is moving forward with a relief bill vote...will see what house does. It’s all posturing on both sides but GK knows a relief bill will come. Use government money, buy someone after things return to normal
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Old 09-08-2020, 02:05 PM
  #29  
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Originally Posted by dawgdriver View Post
As a 'glass-half-empty' type, even I'm not envisioning furloughs at SWA. With 1/3 of their labor already out on extended leaves or early retirement and the additional flexibility of month to month leaves, while currently adding destinations, I tend to believe GK is simply doing what the rest of the CEOs are doing: looking for CARES 2 handouts.

Regions recovering as death rates decrease, virus loses strength, and therapeutics improve. The media's fixation (fascination?) on hourly death counts is falling on deaf ears; predictions of millions stacked like cordwood have long passed. A vaccine on the immediate horizon, 150 million rapid tests, election year shenanigans over (and 'peaceful' protests), schools, restaurants and businesses will open, conventions, cruise lines, hotels, etc,, domestic travel will likely pick up over the holiday and continue to expand through spring and summer.

TSA throughput almost hit a million travelers last friday which puts it close to 50% the same day last year (2.2M I'd predicted 1M by thanksgiving so even my pessimistic prediction was off). While I agree the international side will take longer to recover, I expect SWA to seize upon this once-in-a-lifetime opportunity to expand into vacated lucrative markets. This is GK's 'Herb moment' to capitalize on the demise of others; I highly doubt he will squander it by furloughing away his dry powder, and ruin SWA's no-furlough record... while sitting on a $15B war chest.
I totally agree with you. Gary is ready to pounce.
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Old 09-08-2020, 02:15 PM
  #30  
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Originally Posted by Squallrider View Post
Senate is moving forward with a relief bill vote...will see what house does. It’s all posturing on both sides but GK knows a relief bill will come. Use government money, buy someone after things return to normal
indications are there is no airline relief included in the proposal moving through the Senate. And if there was, there would likely be restrictions like there was in the Cares Grant loan money, if I remember correctly. My guess is GK has some private funding lined up to be used without restrictions once the other airlines are left out to dry by Congress.

https://www.reuters.com/article/us-h...source=twitter

https://www.cnbc.com/video/2020/03/1...ronavirus.html
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