Story goes into mainstream media
Who'da thought over 60s would create the strongest leverage in years.
American Airlines will further trim its flying capacity this year, cutting flights and retiring 11 of its 124 Boeing 757s. The company announced the move Monday as it grapples with both an uncertain economic outlook and – perhaps more importantly, in this instance – a higher-than-expected number of pilot retirements.
On the latter point, AFP writes AA "hemorrhaged pilots in August and September, with 200 retiring -- eight times the normal level -- fueling speculation about the financial health of the company." --USA Today