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Non-Tech : Airline Discussion Board -- Ignore unavailable to you. Want to Upgrade?

To: Art Bechhoefer who wrote (1250)	7/31/2020 4:40:19 PM
From: Sam	Respond to of 1868

I agree with you to some extent, although there probably is some advantage for workers and companies if people can go to work and keep their jobs. FWIW, several airline executives have waived their salaries for some period of time, either wholly or half of it. I think at least LUV and DAL did this. AAL's CEO Doug Parker waived his several years ago, taking only stock options for his salary. And many of them have also cut the pay of executives by some percentage.

To: Art Bechhoefer who wrote (1250)	7/31/2020 4:49:05 PM
From: Moonray	Read Replies (1) \| Respond to of 1868

The airlines were supposed to get money for not laying off employees, but most, if not all of them receiving this money, are laying off employees or encouraging them to retire. That's NOT the way I remember it. Some of it gifts, some of it loans so that people would have jobs until October, at the time layoffs would commence. It looked like it would work as the states and the economy started to come back Message 32861506 but then the virus came back with a vengeance and ruined the airline's chances of returning to normal from the current 25% of traffic. Thus, they will have to go ahead with layoffs if they don't get more money. Rather than just laying people off, they are trying to use better means like retiring people, etc. o~~~ O