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#2
Gets Weekends Off
Joined: Oct 2006
Posts: 3,656
Likes: 302
Airline's will be given another round of bailout money at some point and hopefully that'll be enough to get us where we need to be when travel demand picks back up.
#3
Gets Weekends Off
Joined: Jun 2007
Posts: 1,207
Likes: 0
From: CA
I liked seeing the numbers breakdown but most of it was not new information. I liked the "best house in a bad neighborhood" metaphor, it seems appropriate. No one should believe that SWA is immune to concessions or furloughs in the current environment.
#5
Gets Weekends Off
Joined: Oct 2005
Posts: 270
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From: 737 FO
#9
Line Holder
Joined: Nov 2015
Posts: 1,365
Likes: 145
Basically things suck because pandemic, we need to expect a concession-or-furlough offer eventually, and some of what they're currently discussing is under NDA so trust us we're working on it blah blah.
About what you'd expect. SWA and SWAPA will put everything off to the last second (compared to everyone else in the industry) and the results will probably reflect the timing just as much as the actual need for the corporate bottom line.
Unofficially, the response has been "we have 2 yrs of cash on hand so no concessions" and "GK has only taken a 20% pay cut so we'll talk concessions when he changes his salary to $1 to prove he has skin in the game."
I'm assuming I'm furlough bait so I'm not taking ETO, still working open time whenever I can, and fixing up my resume for job fairs while preparing mentally for having to move out of my state to someplace cheaper and sucky enough that potential employers might send a new guy there.
About what you'd expect. SWA and SWAPA will put everything off to the last second (compared to everyone else in the industry) and the results will probably reflect the timing just as much as the actual need for the corporate bottom line.
Unofficially, the response has been "we have 2 yrs of cash on hand so no concessions" and "GK has only taken a 20% pay cut so we'll talk concessions when he changes his salary to $1 to prove he has skin in the game."
I'm assuming I'm furlough bait so I'm not taking ETO, still working open time whenever I can, and fixing up my resume for job fairs while preparing mentally for having to move out of my state to someplace cheaper and sucky enough that potential employers might send a new guy there.
#10
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