Originally Posted by
chrisreedrules
Learn from what exactly? That there are an infinite number of factors in one’s career that can have severe and lasting impact on their progression?
This is the longest I’ve personally seen the industry do this well. Which means historically were in for a downturn. How, “all time low” do you think morale will be if AA announced they aren’t going to hire anyone for an indefinite amount of time and that they’re, “shrinking to profitability” by parking aircraft. It’s happened before, it certainly can happen again.
Things are pretty good right now all over the industry. When the correction comes (and it will) just hope it isn’t so severe that it puts the brakes on your career for a few years. Or forever. Because that’s what happened to many.
Another downturn is inevitable - I agree with you - but the retirements at mainline are happening and inevitably those jobs will need to be filled eventually. I don’t have a lot of faith in AA though ... they are struggling to make money right now and times are about as good as they’ll ever be... and to top it off, their debt/liabilities are through the roof. I could easily see them shrink and hiring coming to a halt. Plus, U/LCCs like Spirit are positioning themselves to crush AA.