Any "Latest & Greatest" about Endeavor?

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05-23-2020, 03:39 PM

#23691

pad39a

Gets Weekends Off

Joined APC: Nov 2019

Posts: 147

Quote:

Originally Posted by FlyJay

Any idea if Endeavor will be furloughing in October?

Your guess is as good as anyone’s. My crystal ball isn’t even willing to approach the subject.

05-23-2020, 03:58 PM

#23692

JulesWinfield

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Joined APC: Jan 2018

Posts: 2,370

Quote:

Originally Posted by FlyJay

Any idea if Endeavor will be furloughing in October?

Probably
No one knows for certain.

05-24-2020, 07:23 AM

#23693

flyguy727

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Joined APC: Sep 2014

Posts: 319

Quote:

Originally Posted by FlyJay

Any idea if Endeavor will be furloughing in October?

https://seekingalpha.com/article/4349678-american-airlines-first-to-go-under

05-24-2020, 07:46 AM

#23694

HulkaBurger

Gets Weekends Off

Joined APC: Dec 2017

Posts: 381

Quote:

Originally Posted by flyguy727

https://seekingalpha.com/article/4349678-american-airlines-first-to-go-under

Seeking Alpha.🤣🤣🤣🤣🤡

05-24-2020, 12:27 PM

#23695

Meow1215

On Guard!

Joined APC: Mar 2019

Posts: 1,181

Quote:

Originally Posted by flyguy727

https://seekingalpha.com/article/4349678-american-airlines-first-to-go-under]

If, and big if - if AA files, it would be a reorganization bankruptcy. Not liquidation.

05-24-2020, 05:20 PM

#23696

flyguy727

Gets Weekends Off

Joined APC: Sep 2014

Posts: 319

Quote:

Originally Posted by Meow1215

https://seekingalpha.com/article/4349678-american-airlines-first-to-go-under]

If, and big if - if AA files, it would be a reorganization bankruptcy. Not liquidation.[/QUOTE]

That is just as bad my friend, that means all contracts will be canceled, wages will go down, benefits will be eliminated, you can forget flows into AA.

05-24-2020, 06:34 PM

#23697

ninerdriver

Porco Rosso

Joined APC: Apr 2018

Posts: 2,522

Quote:

Originally Posted by flyguy727

If, and big if - if AA files, it would be a reorganization bankruptcy. Not liquidation.

That is just as bad my friend, that means all contracts will be canceled, wages will go down, benefits will be eliminated, you can forget flows into AA.

9E pilots aren't really worried about the end of any flows to AA.

9E pilots should be worried that when AA files for Chapter 11, then every other legacy carrier (if not the majors as well) will follow suit in the next race to the bottom.

05-25-2020, 08:32 AM

#23698

ATOP40

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Joined APC: Sep 2011

Posts: 151

Quote:

Originally Posted by ninerdriver

Never in the history of the airline business has wage and benefits been cut to bring a company back to profitability.

I can not remember a time in the history of the airlines that a contract has been thrown out and company imposed wages have taken place. If it has, it has been extremely rare.

Most airlines will likely not go bankrupt during this epidemic.

05-25-2020, 05:28 PM

#23699

Dick Burns

Line Holder

Joined APC: May 2019

Position: Head Crusher

Posts: 38

Quote:

Originally Posted by ATOP40

Never in the history of the airline business has wage and benefits been cut to bring a company back to profitability.

Soooo.....Delta still has a pension?

05-25-2020, 06:28 PM

#23700

ninerdriver

Porco Rosso

Joined APC: Apr 2018

Posts: 2,522

Quote:

Originally Posted by ATOP40

Never in the history of the airline business has wage and benefits been cut to bring a company back to profitability.

Have you seen our contract? LOA 33, in particular?

"WHEREAS, the Company and the Association have reached agreement in this 2012 Restructuring Letter of Agreement concerning amendments to their current joint collective bargaining agreement (the “JCBA”) and, as amended by this Restructuring Letter of Agreement, such modified agreement (the “Modified JCBA”) is in furtherance of the Company’s effort to successfully reorganize through the Chapter 11 bankruptcy process; and..."