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Originally Posted by Chris25
(Post 3000686)
Love your optimism... look forward to seeing you volunteering for the LOA
Per the contract you get 30 days notice. There’s one month of pay. Then you get 1-3 months of pay based on length of service. That plus unemployment and any bit of savings will get you a minimum of three months down the road before making ends meet becomes a problem. Yes, I read the blurb about that all being null and void due to conditions beyond the company’s control, but that Donny T backstop money will come with strings. At a minimum you're good until July. We’re all concerned. The freak out can be delayed. |
Originally Posted by FNGFO
(Post 3000696)
I’m sorry if you didn’t plan for a rainy day. I did, and may very well take a LOA to watch my children who find themselves at home for a lengthy period of time. But I’ll break it down for you so that you can understand I’m not blowing sunshine.
Per the contract you get 30 days notice. There’s one month of pay. Then you get 1-3 months of pay based on length of service. That plus unemployment and any bit of savings will get you a minimum of three months down the road before making ends meet becomes a problem. Yes, I read the blurb about that all being null and void due to conditions beyond the company’s control, but that Donny T backstop money will come with strings. At a minimum you're good until July. We’re all concerned. The freak out can be delayed. you think Airlines are really going to get bailed out? They don’t deserve a dollar......(and if they do, why would We get anything, we employ under 10,000 people while airlines like AA (That owe far more than they’re worth) employ like 130k and will be sure to get bailed out. https://www.bloomberg.com/news/artic...buybacks-chart |
Originally Posted by FNGFO
(Post 3000696)
I’m sorry if you didn’t plan for a rainy day. I did, and may very well take a LOA to watch my children who find themselves at home for a lengthy period of time. But I’ll break it down for you so that you can understand I’m not blowing sunshine.
Per the contract you get 30 days notice. There’s one month of pay. Then you get 1-3 months of pay based on length of service. That plus unemployment and any bit of savings will get you a minimum of three months down the road before making ends meet becomes a problem. Yes, I read the blurb about that all being null and void due to conditions beyond the company’s control, but that Donny T backstop money will come with strings. At a minimum you're good until July. We’re all concerned. The freak out can be delayed. You might want to read a little more in section 23. Check out the last two paragraphs of section 23, and then let me know if you still think 30 days notice and furlough pay will happen, I hope you're correct though! |
Originally Posted by RemoveB4flght
(Post 3000653)
If you’re less than a year on property it may be a solution to avoid a furlough but maintain health insurance for your family. The only downside is whether you would be eligible for unemployment by taking a LOA. A lot would depend on what backstops the government puts in place to assist those displaced. There are a lot of variables, and none it will be easy.
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Originally Posted by Chimpy
(Post 3000702)
you think Airlines are really going to get bailed out? They don’t deserve a dollar......(and if they do, why would We get anything, we employ under 10,000 people while airlines like AA (That owe far more than they’re worth) employ like 130k and will be sure to get bailed out.
https://www.bloomberg.com/news/artic...buybacks-chart The current admin has tied its horse to thr notion that things things will come roaring back when this is over. They’re not about to kill off several airlines at the alter of saving a few bucks. Btw, NKS had 13,000 employees 3 or four years ago when we were 2/3’s of our current size. I’d bet we’re in the 15,000+ employee range. |
Originally Posted by rightseater
(Post 3000704)
You might want to read a little more in section 23. Check out the last two paragraphs of section 23, and then let me know if you still think 30 days notice and furlough pay will happen, I hope you're correct though!
Again, that government money will have strings attached. |
Originally Posted by FNGFO
(Post 3000721)
You might want to read my post again where I referenced the very thing you’re worried about.
Again, that government money will have strings attached. Ha, read your first post and quoted your second one. Carry on |
Originally Posted by FNGFO
(Post 3000721)
You might want to read my post again where I referenced the very thing you’re worried about.
Again, that government money will have strings attached. |
Originally Posted by FNGFO
(Post 3000719)
The airlines are absolutely going to get bailed out. What? You think they’re just going to be allowed to fail and then only have 1-2 operational airlines when we emerge from this? Sorry, that’s irrational. They’re going to back stop the airlines with either flat out give aways or interest free loans. I’m sure the legacies would love to see everyone else die on the vine, but that’s not going to fly. Literally.
The current admin has tied its horse to thr notion that things things will come roaring back when this is over. They’re not about to kill off several airlines at the alter of saving a few bucks. Btw, NKS had 13,000 employees 3 or four years ago when we were 2/3’s of our current size. I’d bet we’re in the 15,000+ employee range. I hope thats the case. If it is.........MAGA2020 😄 |
Originally Posted by CAirBear
(Post 3000416)
Check your emails...
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