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Old 01-19-2021, 09:54 AM
  #131  
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Originally Posted by Da Vinci
So does it look like those furloughed will be receiving the half min Guarantee while this gov money is around? For planning purposes it would be nice to know an expected income
Where was the half min guarantee stated? I have not seen anything in any company communication that says they can pay that.

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Old 01-19-2021, 11:44 AM
  #132  
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Originally Posted by iceman21
Where was the half min guarantee stated? I have not seen anything in any company communication that says they can pay that.

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I think it’s due to the money to cover half of payroll. The company still has to cover the other half. Either way half of 460 pilots salary is 230 paid by the government, with the company still having to pay for 230, right now the company is paying for 350ish. Not to even account for the fact those getting recalled will stay FOs. Company is gonna make some decent coin off this round of government gravy
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Old 01-19-2021, 05:04 PM
  #133  
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Originally Posted by Escargot
With block hours so low, they're probably making money on the deal, since the grant money is based on 2019 average wages. I hope that capital is reinvested in the company.
🤣🤣🤣😅😅😅🤣😂😂😂
reinvested back into the company? Oh my 🤣🤣🤣🤣🤣🤣🤣
that shidddddd is going strt into somebody’s pocket son
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Old 01-19-2021, 08:56 PM
  #134  
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Originally Posted by idlethrust
🤣🤣🤣😅😅😅🤣😂😂😂
reinvested back into the company? Oh my 🤣🤣🤣🤣🤣🤣🤣
that shidddddd is going strt into somebody’s pocket son
I can dream, can't I?
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Old 01-19-2021, 09:59 PM
  #135  
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Like I said before, bottom line aka the Dollar is the only thing that matters to the company and not people.

That email or so called “recall” was no consolation; it was a formality to show the government that they’re abiding by what the terms are.

Recall March 2nd then furlough again March 31st lol...it’s such a joke that it’s insulting. Might as well just give us the salt and we’ll rub it on the wound ourselves.

It’s like we’re stray dogs; when someone wants a pup to play with and keep them entertained, they bring it indoors and when they can’t afford to have a pup or it serves no purpose, they throw it out on the street in the rain and abandon it.

I still remember being told in indoc “we’re a family company, we care about our employees.”

Bollocks is my answer to that. It only cares about its survival not us. We can be replaced with another group of 20-something year old CFIs with 1500 hours when this is all over.

Biden can throw out all the money he wants but he can’t work miracles whether you love him or hate him. Demand will only return when the virus is under control and people are back at work earning money that they can then spend confidently which ain’t happening anytime in the next 12 months because of the magnitude of the damage done.

Oh and before someone says “then you should quit”, I probably might consider it if I get an offer elsewhere and I’ve walked out with my money. No such thing as loyalty in today’s world.

Last edited by IDriveJets; 01-19-2021 at 10:21 PM.
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Old 01-19-2021, 11:08 PM
  #136  
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How far does the furlough go back for DOH?
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Old 01-20-2021, 07:04 AM
  #137  
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Originally Posted by IDriveJets

I still remember being told in indoc “we’re a family company, we care about our employees.”
​​​​​​
Their actions have never been inline with they philosophy.
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Old 01-20-2021, 07:29 AM
  #138  
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It’s amazing how some of you don’t understand how a business operates. They can’t just pay everyone and keep everyone on staff when the need is not there.

It’s not just air wisconsin. It’s every business. Try running one and then when customers stop showing up try to keep paying your staff to sit around and do nothing. Good luck.
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Old 01-20-2021, 07:38 AM
  #139  
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Sounds like the entire democratic party...
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Old 01-20-2021, 07:45 AM
  #140  
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Originally Posted by squib
It’s amazing how some of you don’t understand how a business operates. They can’t just pay everyone and keep everyone on staff when the need is not there.

It’s not just air wisconsin. It’s every business. Try running one and then when customers stop showing up try to keep paying your staff to sit around and do nothing. Good luck.
When fast food costs are 35% wages. Profits are 5%. Doubling wages ($15 per hour) would take another 35%, making wages 70% of costs. That would turn the 5% profits into 30% loss. How long will those restaurants, whether company or franchisee owned, continue to operate?

”But they deserve it”. “Just take it out of those obscene profits.” “Just raise prices.” (I especially love that last one. Just raise prices on the seats airlines sell, to make them profitable. What’s the problem with that?)

Economics and company financials just don’t get very far on rhetoric.
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