reduction 12-01 at pinnacle is out

[suupah]

450 furloughs over 18 months.

 

[i fly boxes]

That's a long time we might be able to take care If that with attrition

 

[suupah]

That's a long time we might be able to take care If that with attrition

I hope you're right. This is always subject to change of course.

 

[xjhawk]

get ready for a rough ride. If I had to do it all over again, I would leave. Oh wait. this is my second bankruptcy and if I learned anything from the last one-unless you are in the top 20%, leave as fast as you can. Mark my words. All the maybe scenarios still lead to one thing. You will see terrible schedules, loss of seniority because of less A/C, and at the end of the day you will still be at pinnacle

 

[Carl_Spackler]

Is that 450 total? Weren't they saying 700-800 a few weeks ago? Maybe they are planning for a huge spike in attrition..

 

[altimaklr]

There is a huge spike in attrition, and I imagine they also expect a lot of people to take RA lines and LOA's and never come back.

 

[DoinTime]

That's a long time we might be able to take care If that with attrition

That already assumes a higher than normal rate of attrition.

 

[N813CA]

so how far into it would 450 pilots be?

 

[altimaklr]

Over 18 months, and factoring in attrition and LOA/RA lines, there might only be a few people actually furloughed. On the down side, some of the junior guys might be furloughed at the worst time, since they need to get 1500TT by mid 2013... by the time they are recalled they might not qualify for their old job

 

[BuckMurdock1]

That's actually not as bad as I thought it'd be. Heck, at NJA, 495 pilots were let go in a single day. Maybe the fact that you were already grossly understaffed is helping you. I can see they are pretty much counting on voluntary attrition to take care of some of their dirty work for them.
It just sucks that not many places are hiring right now.

 

[Flyer1015]

That's actually not as bad as I thought it'd be. Heck, at NJA, 495 pilots were let go in a single day. Maybe the fact that you were already grossly understaffed is helping you. I can see they are pretty much counting on voluntary attrition to take care of some of their dirty work for them.
It just sucks that not many places are hiring right now.

Has NetJets called any back? Or still 495 out?

 

[GRAAB HIRBOUBI]

I think the 450 number is deceptive.
Management knows that the more furloughs there are, the worse the term sheets get, the longer it takes the process to complete - the more people leave at a faster rate.

When we went in Bankruptcy (XJ) they furloughed the projected numbers. So many people left unexpectedly that we were actually understaffed. We are at the beginning of this very unpleasant process and if any airline starts hiring people will leap off this burning ship so fast we could wind up being understaffed with no prospect for getting more pilots.

 

[OPECJet]

Has NetJets called any back? Or still 495 out?

We're still out. First recalls MAY happen in 2014 if we're lucky.

 

[WMUSIGPI]

Interesting how in the same memo they put out Vacancy 12-02 adding jet captains. I wonder why they couldn't do that as part of a multiclass in 12-01