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Old 03-19-2020, 02:38 AM
  #11  
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Hopefully we Find out today what the plan is for the next month from the union and the company.

It sounds like the big stimulus package that would bail out the airlines is still being worked on in Washington. Senators have been saying they want strings attached to any help such as not laying off employees and employees still receiving full pay.

My question is If we agree to less pay (reduces line value from 70 guarantee) to help the company ahead of this stimulus being passed and the company then pursues a grant or loan from the government after the stimulus passes in the next few days do we grandfather back to current book full pay as the senators described they wanted as part of the terms??

If we are taking a pay cut to buy Jude a month or two and he furloughs us anyway the pay cut could reduce what we are entitled to in unemployment (50% off your weekly income up to $740 per week for 26months currently in MN).

Are we getting ahead of our skis to early on this. Should the company and the union wait to see what the government comes up with to help the airlines??

What if we agree to cuts today and next week the government announces parking all the domestic flying for 30days starting April 1st to slow down the spread of COVID19. And the government says they will pick up the tab on the shutdown. In that scenario would we get our agreed to 42hr line value or grandfather back to 70hr guarantee??

Just some scenarios I’ve thought about. I’d be curious to get anyone else’s thoughts or opinions on this?
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Old 03-19-2020, 10:22 AM
  #12  
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Since the company has been making record profits the last couple of years I have a hard time feeling like we should be giving up 40% of our credit! They're going to get bailed out and what will we have to show for it? I'm guessing NOTHING.

Have Jude and the rest of the senior management team taken a pay cut to help the cause? I haven't heard anything.

Color me skeptical... We agree to cuts for no furloughs. Two months later the company says we're still too expensive and furloughs anyway. This whole situation stinks to no end.
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Old 03-19-2020, 10:42 AM
  #13  
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Originally Posted by sidelinesam View Post
Since the company has been making record profits the last couple of years I have a hard time feeling like we should be giving up 40% of our credit! They're going to get bailed out and what will we have to show for it? I'm guessing NOTHING.

Have Jude and the rest of the senior management team taken a pay cut to help the cause? I haven't heard anything.

Color me skeptical... We agree to cuts for no furloughs. Two months later the company says we're still too expensive and furloughs anyway. This whole situation stinks to no end.
Well said, I totally agree with you on this.

If Jude’s plan is to idle the company for 30-60days and reassess. The full pilot salary is the least of his worries at that point. Either the government is helping keep the lights on or Apollo is pumping a bunch of money into it (use the profits from the past two years).

I agree based on the profits he’s made there should be a rainy day fund to ride it out for a month or two instead of coming to labor for 40% reduction.

I’m not necessarily a full pay to the last day guy. At some point it might make sense to help save the company vs get in the unemployment line but I haven’t seen enough facts yet from the union or the company to justify bailing them out with our salary.

just hope the union is being careful and not giving them the farm. Good group of guys in ALPA I got faith.
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Old 03-19-2020, 03:19 PM
  #14  
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We are going to be the first wholly-owned Amazon carrier. You heard it here first!
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Old 03-19-2020, 03:42 PM
  #15  
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That would classify as being bought under "bad circumstances"

I don't like it, but it looks like my predictions are going to be coming true. Here's hoping the adversity is short-lived.
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Old 03-19-2020, 06:00 PM
  #16  
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Originally Posted by j298 View Post
We are going to be the first wholly-owned Amazon carrier. You heard it here first!
At this point that would be amazing, I’ll take flying boxes and a paycheck over being on the street. No one is going to get jobs for months if not years after this...
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Old 03-19-2020, 06:23 PM
  #17  
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Originally Posted by apex7 View Post
No one is going to get jobs for months if not years after this...
Hopefully it doesn't come to that. My guess is once everyone gets bored at home and realizes that everyone is already infected, only showing mild symptoms, they will start going about their normal routine. Could be only a matter of a few days.

Our Trans States and Compass friends still need help. This government conspiracy to take all our money from the stock market once again needs to end.
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Old 03-19-2020, 07:49 PM
  #18  
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Originally Posted by maverickchill View Post
Hopefully it doesn't come to that. My guess is once everyone gets bored at home and realizes that everyone is already infected, only showing mild symptoms, they will start going about their normal routine. Could be only a matter of a few days.

Our Trans States and Compass friends still need help. This government conspiracy to take all our money from the stock market once again needs to end.
Please edit an /s to the end of this before anyone else reads it
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Old 03-20-2020, 01:27 AM
  #19  
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Originally Posted by j298 View Post
We are going to be the first wholly-owned Amazon carrier. You heard it here first!

Is the legit. I thought about this but is this a reality with SY


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Old 03-20-2020, 05:39 AM
  #20  
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No, it's speculation. Not far-fetched, but speculation.

I expect the axe to fall by the end of the day today, I'm already looking for work.
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