PPRuNe Forums - View Single Post - QF Group possible Redundancy Numbers/Packages
Old 24th Aug 2020, 10:59
  #1590 (permalink)  
Xeptu
 
Join Date: Sep 1998
Location: The Swan Downunder
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Originally Posted by dr dre
Another fearmonger here to post baseless nonsense for no reason other than get a reaction out of people.

They had the chance to do CR right from the start, they didn’t. They could’ve done CR instead of paying out substantially more in VR to more senior pilots, but it they didn’t. They’ve already announced any short term surplus within 2/3 years will be managed via stand downs, which they can do and are doing. The long term surplus beyond 3 years has been taken care of via the VR and early retirement or natural retirement.

They are looking toward the long term future and planning on keeping the most junior within the group seeing as they will around for the longest.
Except that nobody could have imagined the magnitude of what was happening at the time, nor for how long this would go for. I presume they are paying entitlements in lieu of wages whilst on stand down, in which case there's nothing left to do until it runs out.
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