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Earnings report Jan 30

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Old 01-30-2024, 08:04 AM
  #11  
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Was there any mention of any of the 12,000 job cuts would affect pilots?
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Old 01-30-2024, 08:17 AM
  #12  
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Originally Posted by iahflyr View Post
Was there any mention of any of the 12,000 job cuts would affect pilots?
Over 190 pilots, 90%+ of which had 25 or more years of service, separated in November under an early retirement incentive.
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Old 01-30-2024, 08:26 AM
  #13  
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Originally Posted by BoilerUP View Post
Over 190 pilots, 90%+ of which had 25 or more years of service, separated in November under an early retirement incentive.

What % is 190 pilots of the total number of pilots? 5%???
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Old 01-30-2024, 08:33 AM
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Originally Posted by JackStraw View Post
What % is 190 pilots of the total number of pilots? 5%???
About 5.5%.

For comparison, eliminating 12,000 positions would be about 2.25% of total company workforce.
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Old 01-30-2024, 08:37 AM
  #15  
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With these bad Air volume numbers, maybe it will eventually be the 14 Md's gone this year. Maybe line maintenece knows more than we think. lol-
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Old 01-30-2024, 08:57 AM
  #16  
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How does the 2023 volume compare to pre-Covid volume? I believe 2023 is still higher.
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Old 01-30-2024, 09:08 AM
  #17  
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It said no union jobs affected. So no pilots that we care about are impacted…yet
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Old 01-30-2024, 09:19 AM
  #18  
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If I were a NURP, I would be pretty nervous right about now.
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Old 01-30-2024, 09:34 AM
  #19  
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Originally Posted by UPSFO4LIFE View Post
If I were a NURP, I would be pretty nervous right about now.
Early retirement buyout coming soon
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Old 01-30-2024, 10:10 AM
  #20  
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Originally Posted by jetlaggy View Post
Early retirement buyout coming soon
For the NURPs who still have a pension that could be a good deal. As far as I know, no NURPs have been acrueing any additional pension benefits for several years.
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