American looking to "right-size" the company and staffing levels for the Fall and 2021
- Thread starter jimntx
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i'm getting paid my normal wages - no lining my pocket with any windfall.
getting paid my normal wages just as a printer at a print shop or a butcher at a market from businesses that applied for ppp. the govt. is also paying their wages.
it's not just airlines.
can't agree.
this isn't us air 2002 relying on pit-clt flights to combat the economic hit of 9-11.
no one disputes that aa doesn't have debt. aa said last year that CapEx will shrink going forward - allowing for much more free cash flow for paying down the debt.
we and everyone else needs to get out of this covid mess and then we'll see how it looks going forward.
i'm hearing the same. the rumor is only 20 out of apprx 1000 fsc in my station have signed up for this latest buyout. we had numbers from march that took the buyout then, so, to me, the numbers aren't a total failure. i don't work in phx, i heard that a number of laa in phx are taking it.
the medical insurance fund is fantastic. united workers are telling me that they wish united would offer the same amount for their medical insurance fund. i believe they told me united is offering $45k for their fund, if you separate from united.
i believe that was negotiated in the pilots' contract. give kudos to their union for the foresight.
3 years pay isn't coming out of generosity.
i saw that interview yesterday on fox business news - as the dow tanked a few hundred points in 20 minutes, in front of my eyes.
the delta CEO was somewhat upbeat. said leisure travel is king right now and maybe business travel comes back after a vaccine. he said delta will test and keep testing each and every employee for the virus.
he also said that by not extending the cares act, there will be layoffs in the tens of thousands for other airlines, but - he did say that delta is hoping not to layoff anyone.
so, delta is still sticking to it's narrative that it doesn't want to and may not have to - layoff employees. he said half of delta's employees have taken a leave or have left the company.
This buyout deal, announced Tuesday, gives pilots about six months’ pay, along with $100,000 to $150,000 in a medical spending account. The deal for older pilots is about 60% of annual pay for three years.
https://www.dallasnews.com/business...get-more-employees-to-take-leave-and-buyouts/
Not in the contract, negotiated by their union
you're right, not contractual. pilots' union does deserve kudos. i remember what was announced in march:
https://www.forbes.com/sites/tedree...-for-pilot-leaves-during-crisis/#e65baaf4461f
https://www.forbes.com/sites/tedree...-for-pilot-leaves-during-crisis/#e65baaf4461f
their word isnt worth the paper its written on. create a fund with my name on it separate from the company and ill consider it.
IMHO, I don't think that CARES 2 is going to happen, so I'm sure there will be furloughs because it will be less business for October into next year. In my workgroup at UA, they were supposed to put out options for those on the RIF lists, and they were supposed to (if eligible) to see what cities that were open to bid on (if their seniority could hold if you took the system option). That was pushed back for a couple of weeks, because the company and the IAM came up with a offer where you can take a leave for one calendar year with 25 percent pay and full benefits and accruals. I think some people would take that offer if they have something else going on. Meanwhile, some people are still taking COLAs, and some are retiring. I think it would mitigate some furloughs, (I don't know what other work groups are offering their members) so I don't think it would be 36,000 in total. Maybe half of that number..... which is still a lot. Hopefully in six or seven months, things would be better. (I don't know when it will be normal, but that is only when the day we won't have to wear a mask.
Just my two cents..........
Just my two cents..........
robbedagain
Veteran
I've heard in my station that our flight schedules will mirror similar to April n may due to low demand
La Li Lu Le Lo
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- May 29, 2010
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I see. Well I only started working in the airline business in 2000 and I worked at a maintenance base. I only worked at the airport after Sept 11th due to layoff and being bumped.
I guess the "NEW" normal was just "THE" normal for me because prior to that I had not stepped in an airport since I was a small child.
La Li Lu Le Lo
Veteran
- May 29, 2010
- 7,376
- 2,666
No. If if airline employees were getting paid their normal wage then there would be many laid off. In fact you ARE getting a windfall and those wages being enjoyed by the airline employees are in fact taxes being paid by other people, most making far less than airline employees. In short you are not enjoying YOUR wages, you are enjoying MINE as the taxes levied against my paycheck, are now and will be as we pay off the debt, benefiting YOU.
They certainly are not supporting 80% of their workforce after the print shop and butcher shop said they don't need those employees due to drop in demand.
Supporting 80 percent of their payroll? Yes, in fact it is.
That goes far beyond assistance.
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