pilotlight
Well-Known Member
Did anyone else listen to it?
Here are some highlights (or lowlights if you want to call them that)
They expect little to no profit margin in 2009
No Growth expected in 2009 next chance may be in 2011 or 2012
120 million note due in Feb of 2010
Layoffs in every department
No more 401k match for non pilot employees starting in march for at least a year
Higher maintenance costs on the way with the aging fleet.
Pilot negotiations begin on monday for another full week only to be disapointed in the end probably.
What are your thoughts?
Here are some highlights (or lowlights if you want to call them that)
They expect little to no profit margin in 2009
No Growth expected in 2009 next chance may be in 2011 or 2012
120 million note due in Feb of 2010
Layoffs in every department
No more 401k match for non pilot employees starting in march for at least a year
Higher maintenance costs on the way with the aging fleet.
Pilot negotiations begin on monday for another full week only to be disapointed in the end probably.
What are your thoughts?