Saw a pretty extended piece on AA last night on CNBC.... interesting. Quite fascinating that Bob Crandall stated he would "never" invest in an airline, but that it was one of the greatest places to work.
As far as early retirements, do the active AA guys still think you will have a bunch of early retirements in 2009 with the marked devaluation of the market and hence, the fund? I thought the guys that decided to stay on and not get out as of DEC 1, 08 were basically flying for "free" for a couple of years due to the fact that they gave up being able to retire with the market correlation of SEP 08. Am I all wrong?