Furlough Estimates

A bit of both I believe. Right now for pilots there is emergency time off, ETO in SWA speak. It pays half monthly guarantee and there is like 800ish on it for May, they have ran bids for it out until August and will be offering it up for bid again this month for July and August. They are talking about an extended ETO and early retirement being announced June 1st.

We only have roughly 500 or so guys over 60 so I don’t think it will make much of a dent.
AA had thousands who took the 55hr month short term leaves. Why would more not take it at SW?
 
If you know, you know.

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We only have roughly 500 or so guys over 60 so I don’t think it will make much of a dent.

That's 5%, if they can get them all to leave which ain't nothin I guess.

If they pay me my current FO salary at guarantee plus retirement contribution from now until I turn 65, I'll go away and find something else to do. They can even keep my sick bank as a parting gift. :)

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That's 5%, if they can get them all to leave which ain't nothin I guess.

If they pay me my current FO salary at guarantee plus retirement contribution from now until I turn 65, I'll go away and find something else to do. They can even keep my sick bank as a parting gift. :)

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I'm 38 and if they paid me my current rate 50hr a month plus medical and 401k I would leave in a heartbeat.
 
That's 5%, if they can get them all to leave which ain't nothin I guess.

If they pay me my current FO salary at guarantee plus retirement contribution from now until I turn 65, I'll go away and find something else to do. They can even keep my sick bank as a parting gift. :)


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Same! :) I really enjoy my job but I’d love to sit this one out. You know the gloom the doom, the know-it-alls, the four- to six-weeks there’s going to be an announcement company forum prognosticators, I don’t know, just watch it all from across the bar and turn the TV when I’m bored with it, rather than being front and center.
 
So to correct what I said earlier we have 1160 that retire in the next five years at SWA. For some reason I thought there was less. I hope the early retirement is a better deal than the ETO but I’m not holding my breath, if they get half of them to go I’d be surprised.

And yeah Zap, I’d be out the door to for that same deal!
 
Seems there's nothing to worry about per Der Leader

“They have great confidence, and they have great confidence in us, and they have great confidence in the airlines. We saved the airlines with $25 billion and another $25 billion. We have airlines that are now in good shape, obviously they are going to pick up with the fares and with the seats. The airline industry is in good shape. We’ve been able to save the airline industry, which would have been devastating if that happened. So, they’re in good shape.”

We've been able to save the airline industry, which would have been devastating if that happened.

If what happened? What a twat.

Anyway, glad you're all in good shape.
 
Would airlines even take another round of federal money at this point if the same terms applied? The grant money only covered about 50 ish percent of payroll and whatever percentage has to be paid back and in regards to the loans such high debt will make it difficult for the carriers to make money even when things do turn around. Not to mention all of the route red tape that Mnuchin tacked on. I think they took whatever deal the government offered them to buy them some time to formulate a plan, but if the path to profitability is another year or so down the road come October I can’t imagine they will be looking for more band aids.
 
Would airlines even take another round of federal money at this point if the same terms applied? The grant money only covered about 50 ish percent of payroll and whatever percentage has to be paid back and in regards to the loans such high debt will make it difficult for the carriers to make money even when things do turn around. Not to mention all of the route red tape that Mnuchin tacked on. I think they took whatever deal the government offered them to buy them some time to formulate a plan, but if the path to profitability is another year or so down the road come October I can’t imagine they will be looking for more band aids.

Yeah, unless it was direct cash infusions without strings attached, I can’t imagine they’ll take another. Bankruptcy is a more attractive option.
 
Well poo. Wondered if that might come to fruition but certainly hoped it wouldn't be the case. That's a very senior fleet that is going to cause lots of displacements and going to be mighty expensive re-training. Better get that early out program hammered out this week.

Also goodbye JNB & SYD, don't think the Tree-Fiddy can do those.
 
Well poo. Wondered if that might come to fruition but certainly hoped it wouldn't be the case. That's a very senior fleet that is going to cause lots of displacements and going to be mighty expensive re-training. Better get that early out program hammered out this week.

Also goodbye JNB & SYD, don't think the Tree-Fiddy can do those.
Next email out says JNB & SYD will be accomplished with 350 after enhancements now allow it to.
 

Not really sure how these things go to the news so quick but here it is. 2500-3500 possible overstaffed summer 2021 (retirements included).
 
I left Emirates for Boeing in late 2013; left Boeing for an offer I couldn't refuse in early 2017; got laid off Feb 20, but still live in Taiwan.

I could have been gainfully employed by multiple different places already if it wasn't for the border restrictions and quarantines in place. They are preventing any work from happening right now.

So it is possible that AAPalmTree is right that a recovery will be quicker once the restrictions ease, but the longer they persist the less likely that is to happen. I'd personally take a rapid COVID test every day over a 14 day quarantine and border restrictions if it meant I could travel and work.

Where in Taiwan? Once Taiwan opens up, I am hearing late June early July, I would love to share some Kavalan at my favorite bar in Taipei and pick your brain.
 
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