Looks like United is about to ask for paycuts

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Quote: That would be assuming that you have an airline to come back to.


^^^^ This. You guys are talking furloughs, I’m much more concerned we won’t have an airline.


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Quote: ^^^^ This. You guys are talking furloughs, I’m much more concerned we won’t have an airline.


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I have that on my mind too. This airline survived 9/11 and ‘08. Both as a much smaller airline and when small airlines usually didn’t. I’m hoping this is the same. Coming out the other side won’t be for us giving a decade of charity for a crisis that will be much shorter than that. If spirit pulls through it will be a combination of good management and luck.
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When Ted and Bendo come forward and offer to cut their salary 50% and no bonuses, then we can discuss salary concessions.
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Where's my quid??? 😬
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Quote: When Ted and Bendo come forward and offer to cut their salary 50% and no bonuses, then we can discuss salary concessions.
No! Their salary is a small percentage of total compensation. If/when we come through this, their temporary pay cuts will be far overshadowed by huge gains in stock they are given for free. No!
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I would be willing to reduce our profit sharing though.
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Quote: I would be willing to reduce our profit sharing though.


definitely. As team players and company people we should agree to reduce our profit sharing percentage... it's the right thing to do
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Now we're getting somewhere here.

Plane Coffee
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I love this group
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Btw creative solutions starting to happen at other airlines besides United that don’t include paycuts.

further United hasn’t formally asked for them yet but it appeared they were interested.

for all we know Spirit needs nothing but I wanted to get in front of the fear wave about paycuts.

every airline flushed tons on money in corporate welfare from the 2018 tax law into stock buy backs when it could’ve been kept for a rainy day.
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