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Old 03-13-2020, 06:38 AM
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Good letter from TC, hammer down and keep growing.


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Old 03-13-2020, 06:53 AM
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Originally Posted by flyjbh View Post
Good letter from TC, hammer down and keep growing.


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One thing I'll give this management group is they're not the panicking type.

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Old 03-13-2020, 06:53 AM
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That is very encouraging. I agree


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Old 03-13-2020, 07:11 AM
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Originally Posted by flyjbh View Post
Good letter from TC, hammer down and keep growing.


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I agree. Well written and conveyed. I haven’t, personally, looked at our 10K, but I’ve read that we have a lot of money in the bank and seem to be in a good position to ride this out.
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Old 03-13-2020, 07:23 AM
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Originally Posted by CAirBear View Post
I agree. Well written and conveyed. I haven’t, personally, looked at our 10K, but I’ve read that we have a lot of money in the bank and seem to be in a good position to ride this out.
About $1B in cash and $700M in other assets that can be sold or encumbered if need be.
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Old 03-13-2020, 07:39 AM
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I feel like maybe I read a different letter. They said “We will continue to review our crew hiring and new hire training schedules to support our growth plans and will adjust as appropriate.” I feel like if you have a class date that’s in the near future you might be ok, but after that......


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Old 03-13-2020, 07:40 AM
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Originally Posted by flyingpuma1 View Post
I feel like maybe I read a different letter. They said “We will continue to review our crew hiring and new hire training schedules to support our growth plans and will adjust as appropriate.” I feel like if you have a class date that’s in the near future you might be ok, but after that......


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I think they review crew hiring to support growth plans every day .... coronavirus or not.


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Old 03-13-2020, 07:43 AM
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Originally Posted by flyingpuma1 View Post
I feel like maybe I read a different letter. They said “We will continue to review our crew hiring and new hire training schedules to support our growth plans and will adjust as appropriate.” I feel like if you have a class date that’s in the near future you might be ok, but after that......


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If that’s what they need to do, so be it. Have no idea what’s even going on behind the scenes with the Airbus deliveries either. Possibly deferring could be an option as well, if the plant can’t get people in as well...Labor and parts from the US and EU can easily be delayed because of Corona and push deliveries off
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Old 03-13-2020, 07:48 AM
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Originally Posted by Omniscient View Post
If that’s what they need to do, so be it. Have no idea what’s even going on behind the scenes with the Airbus deliveries either. Possibly deferring could be an option as well, if the plant can’t get people in as well...Labor and parts from the US and EU can easily be delayed because of Corona and push deliveries off
Theh said near term deliveries can’t be put off, but those down the toad have more wiggle room.
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Old 03-13-2020, 07:50 AM
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Originally Posted by FNGFO View Post
Theh said near term deliveries can’t be put off, but those down the toad have more wiggle room.

Airbus has had a tough time meeting delivery timelines the last year or so. This virus is sure to add time to the delivery schedule. It may work in our favor.


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