Furlough estimate
09-01-2020 | 02:27 AM
#1682
777 - ret
Joined: Apr 2020
Posts: 863
Likes: 0
From: Waco CG-4 center seat
Long time follower from your friendly Dispatch group. Thought you guys might be interested to know that 155 Dispatchers received their furlough notices today, effective 10/1. Coupled with 22 EO's and the hours-equivalent of 9 voluntary leaves, approximately 35% of the Dispatch Seniority list has been cut. Furloughs go back to January 2013 DOH.
09-01-2020 | 08:11 AM
#1683
Gets Weekends Off
Joined: Jul 2011
Posts: 840
Likes: 0
From: Reclining
Long time follower from your friendly Dispatch group. Thought you guys might be interested to know that 155 Dispatchers received their furlough notices today, effective 10/1. Coupled with 22 EO's and the hours-equivalent of 9 voluntary leaves, approximately 35% of the Dispatch Seniority list has been cut. Furloughs go back to January 2013 DOH.
09-01-2020 | 03:18 PM
#1686
Line Holder
Joined: Feb 2014
Posts: 87
Likes: 0
From: Learnin' the 121 ropes
At $18B cash on hand and a burn of $25M each day, the money runs out in 720 days. That is nearly 2 years. Furloughing 2850 pilots for two years stretches the $18B a little less than a month, right? Or, am I way off on my math?
09-01-2020 | 03:32 PM
#1687
Orbis Non Sufficit
Joined: Oct 2015
Posts: 788
Likes: 10
Something I don’t understand...the payroll savings based on furloughing 2850 pilots on the bottom of the list constitutes a savings of $25-30 million per month (avg $140/hr x 70 mpg). If we are burning 25-30 million every day, what does furloughing anyone save?
At $18B cash on hand and a burn of $25M each day, the money runs out in 720 days. That is nearly 2 years. Furloughing 2850 pilots for two years stretches the $18B a little less than a month, right? Or, am I way off on my math?
At $18B cash on hand and a burn of $25M each day, the money runs out in 720 days. That is nearly 2 years. Furloughing 2850 pilots for two years stretches the $18B a little less than a month, right? Or, am I way off on my math?
09-01-2020 | 03:55 PM
#1688
Dumb Pilot
Joined: Apr 2013
Posts: 784
Likes: 0
From: Broke
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