Keroseneuser
Veteran
- Aug 9, 2011
- 860
- 645
From the article:
" Michael Boyd, of aviation consultancy Boyd Group International, admits AMR has pricing problems but says its network is sound and that emerging from bankruptcy court the airline should be "a terrifying competitor."
I agree with Boyd. I think what the poster you were responding to means is the amount of devistation that is about to be unleashed upon the AA employees careers. AA will emerge as a major threat to the other airlines. 100% squarly on the backs of the employees.
Just a guess from what we saw and the other poor slobs that have already seen this, Massive furloughs in the pilot ranks, Pension gutted, pay cut somewhere in the area of 40 to 50%, work rules gutted, vacation cut way back, deadhead pay at 50%, no longevity credit for furlough for those out, base closures, Heavy Maint. outsourcing and anything else they can think of. AA will probably emerge with most of that 4 billion intact, all savings will come from the employees. When the dust settled US's largest crew base (PIT)was no more, that is how bad it can get. Pit went from 650+ departures a day to under 30 now, mostly express.
When they were done over here there were no F/O's left until the recalls came several years later. With maybe a few exceptions for pilots that could have bid capt at one time but didn't, every pilot left on the property had been a Capt. In 2001 the junior 737 left seaters were hired in 1988 and 89. the furloughs cut to the middle of 88. The combined US/AWA still don't number the aircraft and pilots that US had alone in 2001 even now, 10 years later.
No matter where you stand on the list over there, I recommend planning now, reduce debt while you can, put out feelers for job options, make a list of "toys" that can be liquidated for cash to cover mortgages and necessities etc.