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Forum: Rumours & News

3rd May 2020, 23:03

Replies: 31

Warren Buffett sells $6 billion in airline stock

Views: 20,820

Posted By Airbubba

Some more analysis of the United displacement bid...

Some more analysis of the United displacement bid in a Forbes article by Dan Reed today. I would agree that this is only the beginning of a massive airline pilot layoff cycle in the coming months.
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Forum: Rumours & News

3rd May 2020, 17:03

Replies: 31

Warren Buffett sells $6 billion in airline stock

Views: 20,820

Posted By Airbubba

My sea lawyer pilot friends over at United think...

My sea lawyer pilot friends over at United think this displacement will cause around 4000 pilots out of 13000 to hit the streets on October 1 when the CARES Act protectees turn into pumpkins. But...

Forum: Rumours & News

3rd May 2020, 16:05

Replies: 31

Warren Buffett sells $6 billion in airline stock

Views: 20,820

Posted By Airbubba

And this is only the initial displacement bid in...

And this is only the initial displacement bid in a seniority based system. More to follow... :eek:

The European carriers and the expat carriers can do 'redundancies' out of seniority order and...

Forum: Rumours & News

3rd May 2020, 15:37

Replies: 31

Warren Buffett sells $6 billion in airline stock

Views: 20,820

Posted By Airbubba

Yep, I quoted the 2001 Reuters article a few...

Yep, I quoted the 2001 Reuters article a few posts earlier in this thread. :ok:

Two decades later his quip would probably be deemed insensitive to the challenges of recovering ethanol...

Forum: Rumours & News

3rd May 2020, 06:03

Replies: 31

Warren Buffett sells $6 billion in airline stock

Views: 20,820

Posted By Airbubba

"Those who cannot remember the past are condemned...

"Those who cannot remember the past are condemned to repeat it." - George Santayana

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