PPRuNe Forums - View Single Post - QF Group possible Redundancy Numbers/Packages
Old 13th Oct 2020, 07:46
  #1963 (permalink)  
OnceBitten
 
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Originally Posted by ROH111
There will be no RIN, not for a very long time.

Sorry, I missed a few words out there.

“COVID.... finances.... haven’t recovered adequately yet” all lines the execs will use to argue that a RIN will send the company broke.

Its not happening. Not for a very, very long time.

They will not run the line that" it will send them broke".
It's to risky for the share price and the millions of dollars Senior management have tied up in share options and bonuses just to avoid retraining a few pilots.

After VRs, the guys will be Rin'd on paper. Training however is in the lap of the gods. Things should become clearer at the end of march when Jopkeeper expires.
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