Coronavirus Impact on Air Travel
Join Date: Nov 2001
Location: 1000ft above you, giving you the bird!
Posts: 579
Received 0 Likes
on
0 Posts
I think you might need to re-read it.....Commissioner for Transport Adina Vălean said: “In light of the mass cancellations and delays passengers and transport operators face due to the COVID-19 pandemic, the Commission wants to provide legal certainty on how to apply EU passenger rights. In case of cancellations, the transport provider must reimburse or re-route the passengers.
Thread Starter
Talked to a friend who works as an FA after leaving nursing 5 years ago, already told to take 3 months off. She has already been called by old colleague asking to return to nursing which she is seriously considering.
A big plus she said is next pay negotiation from Nursing bodies with Govt will be a "we want 10% or what ever", she doubts Govt will not be meeting their demand.
The ladies nephew is a Billy No Mates who stays indoors playing computer games since dropping out of Uni 2 years ago. She said he will be ok as is so cut off from the world and reality.
A big plus she said is next pay negotiation from Nursing bodies with Govt will be a "we want 10% or what ever", she doubts Govt will not be meeting their demand.
The ladies nephew is a Billy No Mates who stays indoors playing computer games since dropping out of Uni 2 years ago. She said he will be ok as is so cut off from the world and reality.
Thread Starter
I think you might need to re-read it.....Commissioner for Transport Adina Vălean said: “In light of the mass cancellations and delays passengers and transport operators face due to the COVID-19 pandemic, the Commission wants to provide legal certainty on how to apply EU passenger rights. In case of cancellations, the transport provider must reimburse or re-route the passengers.
I did plus also what was added on right at the end, I yet know no airline that is not reimbursing passengers, many automatically doing it without passengers getting in touch, some like Wizzair offer 120% of fare as future credit.
Many airlines are just getting passengers home like Ryanair who got Spanish Govt to allow flights back to Ireland and opened up airspace.
EU is going after those if there are any acting unreasonable and also being clear that EU261 is not applicable.
Thread Starter
Many FA's wil not be back working in the next 6 months, if at all.
Thread Starter
Join Date: May 2011
Location: Hampshire
Age: 76
Posts: 821
Likes: 0
Received 0 Likes
on
0 Posts
easyJet must take the "brass neck" award. They are asking staff to take 3 months unpaid leave, to forgo free food on flights, and suffer a pay freeze.
Of course the three at the top will be making their own sacrifices too. Be fair to them! They will be taking a20% drop in salary for 3 months. Heroic! This will put the CEO on a mere £47K per month, rather than his usual £58K.
See, everyone needs to make sacrifices!
https://www.bbc.co.uk/news/business-51962981
Of course the three at the top will be making their own sacrifices too. Be fair to them! They will be taking a20% drop in salary for 3 months. Heroic! This will put the CEO on a mere £47K per month, rather than his usual £58K.
See, everyone needs to make sacrifices!
https://www.bbc.co.uk/news/business-51962981
Join Date: Jul 2003
Location: On the road
Posts: 913
Likes: 0
Received 0 Likes
on
0 Posts
easyJet must take the "brass neck" award. They are asking staff to take 3 months unpaid leave, to forgo free food on flights, and suffer a pay freeze.
Of course the three at the top will be making their own sacrifices too. Be fair to them! They will be taking a20% drop in salary for 3 months. Heroic! This will put the CEO on a mere £47K per month, rather than his usual £58K.
See, everyone needs to make sacrifices!
https://www.bbc.co.uk/news/business-51962981
Of course the three at the top will be making their own sacrifices too. Be fair to them! They will be taking a20% drop in salary for 3 months. Heroic! This will put the CEO on a mere £47K per month, rather than his usual £58K.
See, everyone needs to make sacrifices!
https://www.bbc.co.uk/news/business-51962981
Join Date: May 2009
Location: Southampton, U.K
Posts: 1,263
Likes: 0
Received 0 Likes
on
0 Posts
They could pay each of their ~14,000 employees 12k with that dividend money, or pay them half that over the next 3 months (still 2k per month) and still have 85m to award the selfish suits in the city... In a time of crisis, the attitude and greed of top management towards the employees who enable easyJet (and a number of other big name companies for that matter) to thrive is nothing short of disgusting.
Join Date: Aug 2016
Location: Oban, Scotland
Posts: 1,842
Likes: 0
Received 0 Likes
on
0 Posts
Actually, because the dividend was approved at the AGM some time ago, they are legally bound to pay it. But once the airline is reduced to the minimal level needed for any continuing services, and any government support to the industry is agreed, there seems little for them to do until there is light at the end of the tunnel, when they need to plan the restart. The present situation is not the fault of either the bosses or the staff. They should share the pain equally.
Join Date: May 2009
Location: Southampton, U.K
Posts: 1,263
Likes: 0
Received 0 Likes
on
0 Posts
Actually, because the dividend was approved at the AGM some time ago, they are legally bound to pay it. But once the airline is reduced to the minimal level needed for any continuing services, and any government support to the industry is agreed, there seems little for them to do until there is light at the end of the tunnel, when they need to plan the restart. The present situation is not the fault of either the bosses or the staff. They should share the pain equally.
Join Date: Jul 2002
Location: In the sticks
Posts: 9,843
Likes: 0
Received 0 Likes
on
0 Posts
When and if this is all over the business world and individuals will be in a much poorer financial position. For individuals this means that discretionary spending for holidays and mini breaks will be greatly reduced. There will be no quick fix. Recovery to 2019 levels of flights could be 10 years away.
Join Date: Nov 2014
Location: London
Posts: 485
Likes: 0
Received 0 Likes
on
0 Posts
They could pay each of their ~14,000 employees 12k with that dividend money, or pay them half that over the next 3 months (still 2k per month) and still have 85m to award the selfish suits in the city... In a time of crisis, the attitude and greed of top management towards the employees who enable easyJet (and a number of other big name companies for that matter) to thrive is nothing short of disgusting.
Actually, because the dividend was approved at the AGM some time ago, they are legally bound to pay it.
I think the only way a dividend approved by shareholders at an AGM could be cancelled is if the directors decide the company is no longer a going concern. Or in ordinary language, Easyjet bosses have to believe the company has a significant chance of bankruptcy - they may believe it, but to state it publicly would be a self-imposed death sentence
Join Date: Sep 2017
Location: Middle East
Posts: 94
Likes: 0
Received 0 Likes
on
0 Posts
Shareholders are not all rich and a lot probably just as well off as the average staff member. A simple retired pensioner could have a stake in the business and actually use dividends to live off. Sad truth is, these days you don't get rich through employment. It comes through investment. Someone played by the rules and deserves the outcome. To take it away would be theft. Don't like it, change the rules of the society in which we operate.
Join Date: May 2011
Location: IOM
Posts: 967
Likes: 0
Received 0 Likes
on
0 Posts
This.
I wonder how many pension funds are going to see dividends this time round for easy? The picture is much bigger than just Stelios. On the face of course it doesn't look great, but the board and the Government will know all too well the wider damages that could be caused by blocking that dividend payout.
I wonder how many pension funds are going to see dividends this time round for easy? The picture is much bigger than just Stelios. On the face of course it doesn't look great, but the board and the Government will know all too well the wider damages that could be caused by blocking that dividend payout.
