Is United Furloughing

[alaskaplt]

Did United ever decide if they are going to furlough or not? If so how many and any idea what hire date it will go back to?

Thanks

 

[dispatchguy]

My buddy (DEN 320 F/O) with a Nov 99 DOH said he expects to go bye-bye in the Spring...

 

[JetPilot_Mike]

Around 200 so far and another 400ish (including those on LOA) in January. Looks like the 8-ball at that time will be a mid 2000 hire.

 

[Mach 80]

Is it true that UAL recently purchased a bunch of fuel hedges based on $120 a barrel oil and are going to lose a bunch on it.....or do they have some sort of 'short' protection on them? Someone told me they may lose a million $ a day on them at the new low oil prices.

 

[grog_sit_reserv]

If they hedged oil at $120 they will lose money.

But, the point of the hedge was to keep costs stable, so they should balance the loss by having lower fuel costs. The problem is how quickly its fallen off. Its happened so fast that gas prices haven't come down, nor will they by the way, because the oil market is too volatile to allow it.

GLTA

 

[alaskaplt]

Around 200 so far and another 400ish (including those on LOA) in January. Looks like the 8-ball at that time will be a mid 2000 hire.

That sux! Anyone have any idea what the most junior persons hire date is that is currently still on property?

 

[bluefin]

They are going to furlough roughly 900 before next summer's schedule. Jan is going to start with 200+ on Jan. 14 and another 150+ Jan 24.

 

[ACL65PILOT]

If they did the hedges the old fashion way, and not the SWA way yes they will loose money. I think that many airlines are going to loose a bunch this quarter.

 

[BID]

so to recap 200 are furloughed right now. What is the hire date?

 

[bluefin]

I think anyone hired in 01 that returned. At the end of Jan 09 most jr is going to be 7212, that may translate to 9/00(rough guess)

 

[Chairman]

139 from the bottom and still on a LOA furlough in Jan is expected. 11/07 hire.

Chairman

 

[johnsonrod]

Friend on the 737 fleet just got his furlough notice for Jan/Feb. He left a solid regional job for UAL and he is pi$$ed. He is currently looking at opps in China, India and Dubai (FlyDubai).

 

[Turtle21]

Friend on the 737 fleet just got his furlough notice for Jan/Feb. He left a solid regional job for UAL ..

But they are both ALPA carriers... right?

 

[contrail67]

Friend on the 737 fleet just got his furlough notice for Jan/Feb. He left a solid regional job for UAL and he is pi$$ed. He is currently looking at opps in China, India and Dubai (FlyDubai).

Alot of folks did this to achieve a goal they had. Hope it does turn around in the end for him. This all may be to set up for a merger in the end....and if that does happen, I am sure he will get recalled to a better situation. At least he has the ID badge to come back to.

 

[contrail67]

Friend on the 737 fleet just got his furlough notice for Jan/Feb. He left a solid regional job for UAL and he is pi$$ed. He is currently looking at opps in China, India and Dubai (FlyDubai).

............