Originally Posted by
UAV689
Deadline for new boeing deal aparently mid may according to Mol on reuters.
I think the only job cuts maybe from a smaller bases, or perhaps the closure of loss making lauda.
MoL and ryr do very well out of these once in a generation type events. Boeing are on their knees and will no doubt start a buy one get one free on the max!
For the past 2 years every single memo from hq to staff has been threatening job cuts, he has begrudged the payrises crews received in the wake of the mass exodus of staff on 2015-2016, ever since then he has been trying to get the salary bills back down.
I expect minimal losses, but perhaps haircuts and enforced unpaid leave spells. Until there is a cancellation of the 150+ orderbook, I do not envisage many cuts.
I agree.. MOL will be plotting world domination timed well for the ramp up in demand.. cheap Boeing's and crew on reduced wages to minimise job losses initially which will be the new norm once the airline expands.