SWA WARN letters to pilots
#1
SWA WARN letters to pilots
SWAPA email states 1200 pilots sent WARN letters. Email out today.
https://player.vimeo.com/video/486685202
https://player.vimeo.com/video/486685202
#4
Gets Weekends Off
Joined APC: Feb 2018
Posts: 1,256
Remember, GK said taking the available government loans was too “onerous” because they would have prevented buybacks and dividends.The government loans were enough cash to cover the 10% pay cuts for ALL employee groups 15x over.
In GK’s own words: "The terms of the government loan are pretty onerous..." he said. "I think we would much rather avoid those. And I think what's near and dear to shareholders' hearts is it puts restrictions on dividends, which I object to, and share repurchases."
He’d prefer to burden his cost units with the threat of furlough right before Christmas than be prevented from rewarding his Wall St investment banker friends.
Stock charts over cohearts!!!!!
Last edited by Lewbronski; 12-03-2020 at 07:57 AM.
#5
Gets Weekends Off
Joined APC: Jun 2014
Posts: 180
The irony is that the company will now have several thousand front-line employees (including countless who didn't receive WARN letters) that they are expecting to bend over backwards to hype up the "Southwest Promise" and reassure the traveling public that the MAX is now completely safe.
5/20 club from here on out for me!
5/20 club from here on out for me!
#6
Gets Weekends Off
Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 6,612
The irony is that the company will now have several thousand front-line employees (including countless who didn't receive WARN letters) that they are expecting to bend over backwards to hype up the "Southwest Promise" and reassure the traveling public that the MAX is now completely safe.
5/20 club from here on out for me!
5/20 club from here on out for me!
#8
Gets Weekends Off
Joined APC: Apr 2019
Posts: 330
#9
The irony is that the company will now have several thousand front-line employees (including countless who didn't receive WARN letters) that they are expecting to bend over backwards to hype up the "Southwest Promise" and reassure the traveling public that the MAX is now completely safe.
5/20 club from here on out for me!
5/20 club from here on out for me!
#10
Gets Weekends Off
Joined APC: Feb 2018
Posts: 1,256
The irony is that the company will now have several thousand front-line employees (including countless who didn't receive WARN letters) that they are expecting to bend over backwards to hype up the "Southwest Promise" and reassure the traveling public that the MAX is now completely safe.
5/20 club from here on out for me!
5/20 club from here on out for me!
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