JoePatroni

Max pay to the last day.

Lumberg823

You assume the mortality rate is lower because "many have had it and its run its course..." but you don't take into account people who may have had it and died that were never tested and the cause of death is listed as something else. The WHO are not country bumkins, they actually try and take into account the real mortality rate across all populations. So lets say only half of the country gets exposed to this as it makes its way across the globe. For arguments sake lets use 150 million as half the population. If 98% survive!...that means 3 million people do not. If the South Korean number is accurate 900,000 people are killed. If the mortality rate is as low as .02, then 300,000 people will die. Double those numbers if it spreads to the entire US population. Those are staggering numbers combined with the normal mortality from the seasonal flu and other infectious diseases. This is not a nothing burger as some would have us believe.
With AA cutting its schedule through the summer along with their massive debt load (more than the other legacies combined), there are some nervous people out there.

mmm123

JMO, I think it’s a race between us and American. Because of the condition before this all started, now accelerating. Again just my opinion guess we will see what happens. I sure hope I am 100% wrong.

horrido27

Guess we will have to agree to disagree.
I actually expect there a chance I could get it. It's a virus and the way people are naturally unclean and having to work when sick.. it's bound to happen.
But I also don't expect to die. Why.. cause for most of us, we have pretty good health care and we are fairly healthy to begin with.
If a local school of 1000 students and 75 faculty has an outbreak.. hmm. Gonna guess that 22 people from that school will not perish. Hell, don't even think they would all come down with it!
If it was super contagious, someone needs to explain to me how all these patients who have flown on aircraft, been on public transportation and have interacted with every day people.. shouldn't they all be infected too?
Hell, the passengers sitting in the vicinity of the patient and the FA's would be high on the list.
wouldn't our FA's then transfer it to the other crew members? US!?

Lets be brutally honest for a second. Most of us have been in this game for many years. We have flown trips and seen sick crewmembers and passengers.. sick people at the airport, at the hotels. But life went on.
Sometimes we got sick ourselves, most times we got lucky. When we did get sick, for the most part we stayed home.

If this is the new norm, that when a new bug pops up and spreads and we need to go into lock down, our planet and global economy is screwed. (BTW, Corona Virus is not new)
Interesting enough, I follow F1 racing.
Chinese race on 17 Apr is postponed.
Race this weekend in Australia, going on!
The Aussie have not put any limits on fans, yet the race in Bahrain the weekend after may be without fans.

Every nation handles crisis differently. Just think we are handling it at an extreme level.

I think back to the last few years here in NJ/NYC area. Blizzards coming! Stock up!! Then.. nothing happens.
Hurricane a coming.. nope, a dud.

At the end, you really don't know what to believe from the media anymore. They 'report' a suspected CV case in the local hospital and then don't follow up if it is positive or negative.
If it is positive, they don't report if the person gets healthy after a few days or weeks.
hmm

But to the topic- Union put out enough good info. Furloughs cost a lot of money and not yet on the horizon.
Could we furlough in the Fall IF life has not gotten back to normal, of course.
Someone once mentioned that there's a break even point for furloughs. 18 to 24 months.
If you feel that we will be dealing with the CV19 going into 2022, so be it.
I don't.

FS, FP & FtC
Motch

horrido27

Interesting that you think it's between us and American to see who would/could go bankrupt.
I would think, that before that happens at either carrier, things would have to get a WHOLE lot worse and for a WHOLE long time.

Lets just say this thing lasts till Spring of 2021.. our Government is already talking some sort of relief for the airline/hotel/cruise industry. Hmm..
IF, in a year from now.. we have not recovered, I would expect we will be parking airplanes, offering more COLA's, some sort of Early Out program. At that point, I would suspect Furloughs would happen way before we declare Bankruptcy.
Just my opinion

FS, FP & FtC
Motch

TomC

Delta guy posted this from JP Morgan industrial conference. SK summarizes UALs position to investors first 15 minutes, then Q and A for 30 minutes. Last answer addresses furlough possibility.

https://edge.media-server.com/mmc/p/js6ap6iv

TSRAGR

No video, just a link to log-in. What's the answer say? Hope not, maybe, maybe not, possibly, possibly not...?

N6279P

Short answer - Probably not. Doing absolutely everything to prevent it.

crflyer

Says if it gets worse than May, probably going to have to involve labor talks. Priority is to make sure the airline survives, followed by protecting labor.

Skip0927

Pretty interesting conf call. SK sounds like he is being blunt and decisive in keeping us afloat. His immediate revenue projections were tough to hear. Essentially he was saying, goal #1 is to survive this short term crisis to make it out alive. Involuntary furloughs would be the last option to ensure goal #1 happens.

I interpreted reducing CAPEX means the uniform is on hold....