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So 50 hr lines...

Old 03-29-2020 | 05:38 PM
  #81  
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Originally Posted by FNGFO
Yes. The stimulus money can ONLY be used for payroll. There is no time limit on its dispersal so I suppose you could offer reduced value lines, furlough a bunch and then have the payout last longer before having to make payroll out of company coffers.
where can we find details of this and how it can be used and if spirit will even be accepting it?
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Old 03-29-2020 | 05:44 PM
  #82  
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Originally Posted by Qotsaautopilot
where can we find details of this and how it can be used and if spirit will even be accepting it?
Start at post #10

Details on Airline Bailouts in Stimulus Bill
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Old 03-29-2020 | 06:15 PM
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Originally Posted by Macjet
WAG, but here goes. The gubberment pays NK to keep pilots employed at 72 hrs/month until Sept 1 (or whatever the date is). NK receives grant money for such and then convinces 1,000 pilots to be paid for 50 hrs/month for a net PROFIT of 22,000 credit hours per month (round, round numbers) and then furloughs the bloody !@#$ out of everyone with a fatter cash balance than they started. Am I missing something?
After a little light reading it’s a lump sum of payroll and benefits from 4/1/2019 - 9/30/2019. Not necessarily 72hrs. It’s also total of all employees (and contractors I think) not just pilots obviously. So it would seem they could move the money around as they see fit to stretch it out. We also carry more employees now than we did during that period so the pay and benefits obligation is larger than it was last year save that there will be much lower line credit values now since we aren’t flying.

it looks like if they take loan money they cannot furlough more than 10% for a two year period.

I guess we don’t know a lot yet and if they will take any grants or loans. I also may be misreading a lot so I’ll defer to our pros at ALPA to interpret it correctly.
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Old 03-29-2020 | 07:15 PM
  #84  
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Originally Posted by Macjet
WAG, but here goes. The gubberment pays NK to keep pilots employed at 72 hrs/month until Sept 1 (or whatever the date is). NK receives grant money for such and then convinces 1,000 pilots to be paid for 50 hrs/month for a net PROFIT of 22,000 credit hours per month (round, round numbers) and then furloughs the bloody !@#$ out of everyone with a fatter cash balance than they started. Am I missing something?
That's about the size of it .If the company says to the union that they are going to need to furlough X unless concessions are given, then that is roughly the number that will ultimately be furloughed after the concessions/voluntary measures have run their course. In this instance, the taxpayers are the initial voluntary measures being subsidized by 50 hour go away lines.

History will repeat once again so plan accordingly .
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Old 03-29-2020 | 07:28 PM
  #85  
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Originally Posted by Avro85
That's about the size of it .If the company says to the union that they are going to need to furlough X unless concessions are given, then that is roughly the number that will ultimately be furloughed after the concessions/voluntary measures have run their course. In this instance, the taxpayers are the initial voluntary measures being subsidized by 50 hour go away lines.

History will repeat once again so plan accordingly .
where did you get any of that? Also I think many of us learned in the lost decade that concessions don’t save jobs or the company. Those things will happen or not happen on their own.
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Old 03-29-2020 | 07:52 PM
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Originally Posted by Qotsaautopilot
where did you get any of that? Also I think many of us learned in the lost decade that concessions don’t save jobs or the company. Those things will happen or not happen on their own.
Twenty plus years of doing this. Voluntary measures only delay .They never mitigate. The last two brand X's I worked for said they needed to furlough. After concessions and VMs they furloughed those exact numbers anyway .

Now, if the current mood is just to stave off a unforseen blip in the business, all is well . If one believes what UAL management is publicly saying, this is a long term problem with long term solutions then that will marry up to my above post .

Personally, I think we can ride it out short term and be back on track within six months .I hope that is the case . If not, bottom 25-50% of both sides of the list need to plan accordingly .
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Old 03-29-2020 | 08:44 PM
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Originally Posted by spirited
if you don't mind - can you share your experience - your approx age and health status would also be appreciated
I think many of us will get it over the next couple years - just want to know
I talked about my experience in another thread on here. I got the virus and tested positive. I'm 28. I would be considered fit by a doctor. I spend my overnights working out and running. I have 0 underlying health conditions or any pre-existing things such as some sort of other illness. I always wiped everything down in the planes and washed my hands pretty religiously lately. For me, it started with the a slight runny nose followed by losing my sense of smell/taste. I got home from my trip and the chills/muscle aches and fever started. Lasted about 8 days. Cough developed shortly after that. On day 11 with a fever of 103 and shortness of breath I drove myself to the ER. Ended up in the hospital for 4 days. I needed oxygen, but luckily not a ventilator. Turns out I developed pneumonia from the virus. It really sucked. I'm still technically recovering now, but I'm out of the hospital and essentially symptom free. Just waiting the doctor recommended time period before going back into work. See you all halfway through April.
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Old 03-30-2020 | 04:53 AM
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Originally Posted by Rmk1991
I talked about my experience in another thread on here. I got the virus and tested positive. I'm 28. I would be considered fit by a doctor. I spend my overnights working out and running. I have 0 underlying health conditions or any pre-existing things such as some sort of other illness. I always wiped everything down in the planes and washed my hands pretty religiously lately. For me, it started with the a slight runny nose followed by losing my sense of smell/taste. I got home from my trip and the chills/muscle aches and fever started. Lasted about 8 days. Cough developed shortly after that. On day 11 with a fever of 103 and shortness of breath I drove myself to the ER. Ended up in the hospital for 4 days. I needed oxygen, but luckily not a ventilator. Turns out I developed pneumonia from the virus. It really sucked. I'm still technically recovering now, but I'm out of the hospital and essentially symptom free. Just waiting the doctor recommended time period before going back into work. See you all halfway through April.

Glad you’re feeling better.


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Old 03-30-2020 | 06:06 AM
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Originally Posted by Rmk1991
I talked about my experience in another thread on here. I got the virus and tested positive. I'm 28. I would be considered fit by a doctor. I spend my overnights working out and running. I have 0 underlying health conditions or any pre-existing things such as some sort of other illness. I always wiped everything down in the planes and washed my hands pretty religiously lately. For me, it started with the a slight runny nose followed by losing my sense of smell/taste. I got home from my trip and the chills/muscle aches and fever started. Lasted about 8 days. Cough developed shortly after that. On day 11 with a fever of 103 and shortness of breath I drove myself to the ER. Ended up in the hospital for 4 days. I needed oxygen, but luckily not a ventilator. Turns out I developed pneumonia from the virus. It really sucked. I'm still technically recovering now, but I'm out of the hospital and essentially symptom free. Just waiting the doctor recommended time period before going back into work. See you all halfway through April.
Thanks for the update and glad you’re feeling better. Did they give you any indication that it might have remained fairly mild or no pneumonia if you had gone in to the ER earlier?
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Old 03-30-2020 | 06:36 AM
  #90  
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Originally Posted by Rmk1991
I talked about my experience in another thread on here. I got the virus and tested positive. I'm 28. I would be considered fit by a doctor. I spend my overnights working out and running. I have 0 underlying health conditions or any pre-existing things such as some sort of other illness. I always wiped everything down in the planes and washed my hands pretty religiously lately. For me, it started with the a slight runny nose followed by losing my sense of smell/taste. I got home from my trip and the chills/muscle aches and fever started. Lasted about 8 days. Cough developed shortly after that. On day 11 with a fever of 103 and shortness of breath I drove myself to the ER. Ended up in the hospital for 4 days. I needed oxygen, but luckily not a ventilator. Turns out I developed pneumonia from the virus. It really sucked. I'm still technically recovering now, but I'm out of the hospital and essentially symptom free. Just waiting the doctor recommended time period before going back into work. See you all halfway through April.
Glad to see you're upright again!
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