Looks like United is about to ask for paycuts
03-15-2020 | 08:41 PM
#11
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03-15-2020 | 08:53 PM
#12
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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.
03-16-2020 | 08:18 AM
#15
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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!
03-16-2020 | 09:38 AM
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From: A320 CA
03-16-2020 | 10:02 AM
#20
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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.
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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