Originally Posted by
wiz5422
It might be wise for some of you to do some research on the old Eagle and the pilots that were hired in 1999 and 2000. They were told that they would be over at AA in less then 24 months.
Guess what....they were still there in 2011. This is worse then 9/11, plus AA just shrunk their retirement numbers by offering the early outs. Add that to them parking 3 fleets and possible furloughs you can start to add the dots that AA won't be hiring for some time, a long time. Welcome to the the new generation of the loss decade.
I don't think it will be that long. After 9-11 we had the economic meltdown in 2008. Eagle had already started hiring two classes of 30 a month back in 2005-2006. In 2009 the first group of 35 flowed, and that was only 1 year into the post 2008 recovery.... and they didn't have the mass retirements then to help either. I think, that the AA downsizing will fit closely with the retirements and that your looking at about a 2 to 4 year wait for the flow to get going again above more than a drip. If they can time everything right, it's the two year number (perhaps even less). If not, then more towards the 4 years.
It's also an opportunity for them to avoid BK. This slowdown gives them the opportunity to restructure and reorganize; and return as a smaller leaner meaner AA.