Originally Posted by
Excargodog
There is an inherent advantage to the non-legacies with young pilots groups where NO ONE has the time on property to be at the top of the payscale.
Individuals going there rather than waiting it out for legacies might very well wind up being the ones who are making the right move.
To your point — yesterday, May 16th,
American took out $750 million in unsecured notes @ 5% per annum just to help fund pensions.
Before this they had what, $4 billion in assets and $22+ billion in liabilities? Which begs another question for new hires coming here for the flow and pilots already on property at Envoy ... do you even really want to work at AA? It’s definitely not at the top of my list. Sure, it’s better than any regional, but I’d argue most other major carriers are better to work for.