FlyerTalk Forums - View Single Post - AC Provides Financial Update on COVID-19 (16Mar20); Long-term changes coming?
Old Mar 20, 2020, 10:46 am
  #93  
mileageking
 
Join Date: Jan 2008
Posts: 3,946
Originally Posted by RangerNS
The bailout should not go to shareholders, or executive bonuses, but of those categories of staff, I'd only be worried about bringing pilots back since they need ongoing hours and training to be, er, pilots. Bringing FAs and other agents back a week early for a refresher wouldn't be unreasonable; they don't need X hours a month in a simulator. If AC can't rehire them because they have gotten better jobs elsewhere, well, market at work, sad for AC, good for the employee.

EI, with relaxed requirements (not that any AC employee wouldn't have their hours) and enhanced benefits is the mechanism Canada has as a safety net.
Also any government subsidies given should not be used to buy back stock.
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