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Discussion in 'American Airlines' started by jimntx, May 21, 2020.
I think I know the difference between the two and I've been through 2 bankruptcies
Dire consequences for Boeing and Airbus should one of the big 4 liquidate.As far as debt its reworked all the time, if not file for 11 and have an advantage over all the other carriers
The difference between the two is 4.
A bit off topic here, however non union airlines like jetblue and Delta, for the people who don't get furloughed, could change a full time job to mean " 30 " hours a week, and hire MORE low cost 'ready reserves' when things finally pick-up, PLUS shred any and all benefits currently in place now. Furloughed folks have NO contractual recall rights !
Am I correct Kev3188 ?
We have recall rights, but the rest is pretty much dead-on.
Delta and JetBlue are not non union airlines. They have unions on the property. Not all work groups have unions similar to others. I know what you meant but I wanted to bring that out so people won't get confused or misled and compare apples to oranges in the same work groups.
Seems that commercial has worked on you. Good timing though
As far as the fall, SWA says no layoffs this year at all. Not sure how long Delta is saying at this time or JB. But they did say they should be able to avoid involuntary leaves with the number of takers of their offered packages as well as an agreement at JB for no layoffs with their employees.
No one has said SWA is in wonderful shape. But, it has been reported (media) that SWA is in the best shape of all airlines with it's best balance sheets, cash on hand and in the works of attaining if needed. It is the ONLY airline with investment credit ratings currently (yes now, even though we are the middle of a slowdown crisis) from all 3 agencies, no other airline has that and that is what will get SWA billions more if needed, but our CEO doesn't want to pull that trigger unless it's gets way worse. And, currently SWA has enough cash on hand to go 2 plus years now at current losses, current level of employees and will get better when 28% employees exit or take the leaves which will directly save 400 million plus in the 4th Q.
As far as our CEO out supporting the extension to go thru is mainly for him to be able to keep the best no layoffs or furloughs record of any airline out there for almost 50 years now. It's more of a pride thing. There is still more steps SWA can take prior to any layoffs or furloughs, and if it gets really, really ugly, I can assure you the employees will step up do what they have to do if needed. Don't forget back in the 90's when the employees stepped up and paid for fuel cost to help out.
Don't get all this wrong, SWA is also hurting badly. It's just that SWA has ALWAYS saved and stashed away in good times to better weather the bad times. AA did not do this after the merger and kept spending the cash freely on other items to help pad the pockets of their CEO and officers.
Final word is ALL the airlines are getting hit hard as hell. SWA is the best prepared, then prob. Delta, Alaska, and JB. AA and United are probably in the worse shape but still not totally sure which one is at the bottom. Some anylist say AA is, but United might be a close one as well. Hope this helps how I was thinking.
The guy is just trying to cope.
Understand, and why I was being a bit compassionate on my response. People are on edge right now everywhere, so trying to hold back a bit.
Yes we all have planes on the ground. As far as SWA is concerned when the pandemic first hit SWA set 400 a/c on the ground in April. With that slight uptick they started throwing more planes back in the air to support the Southwest Promise of distancing seating leaving all middle seats open. Our mid year update from CEO, he said we now have 100 a/c on the ground not counting the Maxes so add those too at 37.
SWA is ready to for a very quick recovery if need be, and can very easily pick up any and all AA's passengers if need be. As in most all BK's though they won't get them all, it will get spread thru-out the industry, but I can assure you that SWA is perfectly cable of handling a huge upload if need be. matter fact they are counting on it, trust me, if someone starts to fold or down SWA will pounce in a heartbeat, and once again they are the best prepared to do so quickly.
You guys still hearing no layoffs for anyone at the big "D"?
They say were safe thru end of year and hopefully the extension will go thru for the PPP in congress to help even more thru March 21.
Dear Mr. Unionized Hypocrite,
Everyone coming here to this site wants to be you and exalt in your aviation Godliness. We all want to breath the southwest air and drink the southwest water.
But could you layoff on how great you have it for a while? People are scared and worried. Noone wants to hear your rhetoric. Brag to your friends and family.
Soon to be on the outside looking in.
when there is a recovery, aa wouldn't need to file, would they?
if something unforseen happens in the southwest universe where there is a recovery for all airlines except aa - southwest would need nearly 70% more capacity than it had in 2019 - because in 2019, aa flew 215.18 million pax and southwest flew 134.10 million pax. if all your planes would be up and flying - while keeping the same very good load factors; you'd need 70% more planes. how would you fly to europe/asia/s.america? do you have the money/credit for increasing your fleet 70%? would lenders lend in these times? would your company take that risk, if it could?
so, no...you will not be able to very easily pick up aa's pax. as if aa is a candy-wrapper to be discarded in the garbage and aviation life wouldn't blink.
i'm glad your airline does well, but it is not the be all - end all. i work in an airport that had a few hundred thousand pax a day travel through it (in better times) and not 1 pax flew southwest.
i will also say that your airline was very, very vulnerable to an FAA grounding of 737s. in a prior america, dc-10s and md-80s spent time grounded, but in today's america, the faa and govt. wouldn't destroy southwest by grounding the 737s - despite a few issues with 737s through the years.
i do applaud southwest for keeping it's fleet stream-lined. that helps southwest save lots of $$ in many facets. it was risky at one time, but today, the corporation runs the govt., not the other way around.
what are you trying to say? your station will close down? you will get laid-off?
i was under the impression you had lots of time as a former lus AMT.
Not a "former".......yet.
Read the contract. PIT has less than 5 years. PIT could go down to 49/50 people any day. AA Base Maintenance can go down to 2600 total in all base stations at any time. They can do want they want, brother.
People are worried.
I don't know the future, but I know the company isn't going to let people sit around with their feet up watching Naked and Afraid until their next flight comes in for too much longer.
Can you explain to me your logic regarding the dire consequences for Boeing and Airbus?
Look, the fact is x amount of people are going to fly and airlines are going to meet that demand regardless of the actual number of airlines. Does not matter if there are 20 or 2. Literally the only difference is the remaining 3 will have a larger market share.
Boeing and Airbus's sales depend on market demand (the actual number of people flying) not the number of airlines.
Again, explain your logic because I don't see it.
I am sorry but I think you are both WAY off base here.
Delta is not going to do anything that would invite a UNION to their doorstep. That is a headache they don't want.