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Originally Posted by AirUK
(Post 10727140)
When all this is over, you’ll be lucky if you still have a flying job.
Easyjet is a low-cost airline - if they’re still a going concern following a period of making absolutely NO money and deciding to pay out £170m in dividends and the overheads are too high, then they’ll have to lower them until they do. That’s their business model... I’d forego that free cup of tea and a sandwich if it meant I could maintain my flying career AND put food on the table for my loved ones. Be realistic - post-COVID-19 aviation will be a different landscape for all concerned and probably for some time, sadly. |
BP plc cancelled the dividend payout at short notice, during the Deepwater Horizon blowout spill incident, (I think it was even after the XD date)
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As I understand it, by the time COVID become an issue in the UK, the money had already been dispersed to external accounts. If this is true or not, I have no idea.
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If easyJet do need to go for Government bail-out, the fact that shareholders will just have received £170m in dividends will weigh very heavily against them when the Treasury's day of reckoning comes. A stronger management team would have ignored the legal advice, done the right thing and used the court of public opinion to defend themselves against any shareholder who took issue with it.
And from the outside looking in, it appears as though the new COO is damaged beyond repair in a very short space of time. It's impossible to see how he can bounce back from such a serious reputational setback so early in his time in post. |
Originally Posted by BoeingLudo737
(Post 10727959)
You come across as being bias that's why I pointed those things out to you. We are not defending anyone here and I am not looking for people to agree or disagree with me. The reality is that this is an Easyjet thread and you are totally out of context. You should have your daily Ryanair rant on a Ryanair thread.
On a different note, I hope all colleagues will be able to obtain what's best for them. Sure PBs speach was down to a word copy/past from the Irish ( President) and you excepted something different in the contract??:( https://www.google.com/amp/s/extra.i...o-varadkar/amp |
One obvious conclusion is that Stelios does not have a lot of faith in the current management. He has said that new aircraft orders should be scaled back (which with hindsight maybe was prescient) and he fairly clearly wants to extract whatever money he can, while he still can. New bookings and cashflow must be about zero and with mixed messages coming from government there is a very uncertain situation developing. If it turns out that more people have been infected than currently show in the numbers and have some form of immunity then a gradual resumption of flying is possible, but that is by no means yet clear.
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Stelios has been against expansion since he left the active management of the company way before the current crisis, he is like a broken record.
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Originally Posted by Citationcj2
(Post 10728650)
Dont see any connections?? lol Maybe get someone from EZY to give you their corona agreement and you might see it with your own eyes?
Sure PBs speach was down to a word copy/past from the Irish ( President) and you excepted something different in the contract??:( https://www.google.com/amp/s/extra.i...o-varadkar/amp Have you read what I wrote? Did I defend PB in any ways? I didn't. Should he have copied the speech? No, he shouldn't have. |
Originally Posted by Citationcj2
(Post 10725827)
Im not EZY member, but I fully support them!
Question raised, why there wasn’t support about Monarch, Thomas, Flybee, etc... Because this is about Easy. And the company thats doing well and has massive cash flows, unlike above mentioned companies that couldn’t even make in the top of boom! Take your bitterness away and stop barking at the wrong door. Its not these guys fault you haven’t got a job. I’m in the same boat at the moment , but I aint gonna begrudge guys for trying to keep the T&Cs to some standard atleast, before every other airline takes it to another level! As things stand and with attitude displayed here ,we might all be working for less then McDonalds guys serving burger on a first ever job when things get back on its feet! With so many pilots out of work right now I do find it rather tactless bleating on here for support "to maintain your Ts&Cs". There is a private EasyJet Forum. These comments belong there. It appears that you do have a good reason to grumble, but for goodness sake, do it among yourselves and stop rubbing this in the noses of all those unemployed pilots who would be delighted with any Ts&Cs right now. Re: "Take your bitterness away and stop barking at the wrong door. Its not these guys fault you haven’t got a job." -- you are very, very, very wrong there. |
Originally Posted by NoelEvans
(Post 10729043)
Re: "Take your bitterness away and stop barking at the wrong door. Its not these guys fault you haven’t got a job." -- you are very, very, very wrong there.
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I am not saying that it is any pilot's 'fault' that any other pilot does not have a job.
I am saying that he is wrong with his assumption about my job situation. I hope that clears up the confusion. And I hope that everyone is back into work as soon as possible. |
We are all affected by this, time to show solidarity
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May be a little light at the end of the tunnel
Thousands of easyJet and Virgin airline staff are being offered work in the new NHS Nightingale Hospital. Those who sign up will support nurses and senior clinicians at the coronavirus field hospital in east London, the NHS said. Virgin Atlantic said furloughed staff who help will be paid through the government retention scheme. NHS England said many airline staff are first aid trained and already have security clearance. They workers will be changing beds and performing other non-clinical tasks and helping doctors and nurses working on the wards, the NHS said. Virgin Atlantic said it has written to around 4,000 employees, while easyJet said it has contacted 9,000 of its UK-based staff - half of whom are first aid trained, the airline said. |
That’s fair enough , but I’d imagine working there, you just put your risk of dying up considerably
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