Back to Squawk list
  • 23

American Airlines may cut up to 14,000 jobs

Submitted
 
American Airlines wants to cut labor costs by 20 percent and eliminate 12,000 to 14,000 jobs at the nation's third-biggest airline. (www.google.com) More...

Sort type: [Top] [Newest]


preacher1
preacher1 1
My fill in was getting to be little or none anyway. If they cut 400 pilots, that just gets me closer to hanging it up completely. It will all be interesting.
preacher1
preacher1 1
I would add that I am surprised not to see Tulsa in the facility list but it ain't over yet
HunterTS4
Toby Sharp 0
I will take you for a $100 burger anytime Mr. Bookout,down but not out
preacher1
preacher1 0
Toby: I guess we'll have to get together somewhere one of these days and have that burger. You are correct; I guess that as long as I can keep those medical waivers going, I'll keep that ticket and find something to do, even if it's wrong.lol BTW, what part of the county are you in and I'll point my sights toward getting that way.
yukon1
EDWARD moore 1
How about management '' going to slash there pension plans
preacher1
preacher1 1
Well, 400 pilots yet increase flights over the next 5 years. Sounds like the same path DAL followed a few years back.
nerd1146
alex story 1
well think of this since 9-11 therehas been a shortness of pilots but now the pilots just comming out of flightschoolare elegible to take the place of the pilots being cut
preacher1
preacher1 1
I have a feeling that the one's just out of school will get hurt. Some of those cut pilots will go elsewhere, but I feel like that AA will have to make some type hire back concession, whether they want the young ones or not.
preacher1
preacher1 1
I have a feeling that the one's just out of school will get hurt. Some of those cut pilots will go elsewhere, but I feel like that AA will have to make some type hire back concession, whether they want the young ones or not.
genethemarine
Gene spanos 1
Take the excessive air routes with you too!
xmacfly
ALLEN McLEAN 1
I hope there are some top management cuts as well. Fat chance. I do have a suggestion - how about getting rid of the at best surly cabin crews first and keep the civil and pleasant ones.
I think there is a lot of posturing and dive and roll to keep the bankrupcy case going in their direction.
This is all part of a well engineered legal tactic that we will see unfold over the next few months. Stay tuned.
VANHO
EVAN HODGDEN 1
I recall an airline at DFW in May 82 going bankrupt. Planes, pilots, Flight attendants and all aspects were grounded immediately and 99% of the workforce was done & gone that day. Some reincarnations of the airline were born but died. Most pensions were just a hint of what they should have been. Those let go, in this industry are resourceful and talented people and will undoubtedly prosper in another job or career. History shows that most bankruptcys, in the major airline business, are all business and return to a sort of normalcy, although leaner, shortly thereafter. Those still on with AAL, count your blessings.
chalet
chalet 1
It was good old Braniff that went down in flames in May 1982 due to the horrible management on the part of Harding Lawerence whose initial success by painting the planes brightly and issuing haute couture uniforms to flight attendants and the on-time promises but grew arrogant and went berserk flying to totally strange destinations in Europe and Asia and chartering the Concorde burning millions in the process and in the final couple of years providing the lousiest service to passengers on bona fide routes treating them worse than cattle.
VANHO
EVAN HODGDEN 1
Totally right! Thanks Harding! I was there! Spent many layovers in the Bunker @ DFW, forced into commuting to IAH & LGA before hitting the streets. KSAT based. AAL didn't help us either, just accelerated our demise. Time passes and I now hope the guys, of our era don't have their pensions ripped out from under them. I earned a real pension from FAA. Fly safe.
flybuoy
flybuoy 1
It's pretty simple, no MBA needed ...
http://tinyurl.com/744v7up

[This poster has been suspended.]

chalet
chalet 1
Years ago I read a book about how stupid were the airframe manufacturers including Boeing and Airbus for betting their respective farms every so many years coming up with very good aircraft when the old ones could still produce profits efficiently for an additional few years which in the final analysis was the difference bewteen loss and profit. This excessive capacity was all too evident even before 9/11 but the airframers continued turning out new planes and the airlines continued buying more and more of them without really needing them. In short, the perfect recipe for accumulating losses in the BILLIONS. Unfortunately I misplaced the book and I don´t remember the name. If any bloggers has the name please advise, it was good reading then as it is now.
chalet
chalet 1
There is not a soul, not any of the best MBA schools in the world that can explain this sheer stupidity. Some say it is the ego trip of airline execs that can not resist to be in the news, both TV and the New York Times, Washington Post, etc. explaining the wonderful things of their particular airline. Some others say it is an insatiable desire to make billions for the airline and stand to collect fat bonuses, or all of the above. Not to mention the casino mentality ("with this sure fire bet I will make a killing"). But still, this is madness and stupidity. Well this and the banking bubble and the Enron bubble and the 1929 crash that brings to mind the famous -some say infamous- Karl Marx quote that eventually capitalism will devour itself.

Login

Don't have an account? Register now (free) for customized features, flight alerts, and more!
This website uses cookies. By using and further navigating this website, you accept this.
Dismiss
Did you know that FlightAware flight tracking is supported by advertising?
You can help us keep FlightAware free by allowing ads from FlightAware.com. We work hard to keep our advertising relevant and unobtrusive to create a great experience. It's quick and easy to whitelist ads on FlightAware or please consider our premium accounts.
Dismiss