Originally Posted by
sailingfun
The hiring freeze you mention was to show a first quarter profit. They needed so many consecutive quarters in order to get to investment grade and lower interest rates. The planned pilot hiring at that point was only 120 to 150 pilots that spring for the summer schedule. I have no idea how important a profit was overall but the planned hiring was small that year.
Thanks Sailing. I was under the impression they had deferred quite a bit more than 120-150 new hires.