#HereWeSlow
03-12-2020, 02:51 AM
#1
Gets Weekends Off
Thread Starter
Joined APC: Oct 2019
Posts: 150
#HereWeSlow
AA is now canceling/suspending classes. If the company follows suit with the rest of the industry, we’ll be lucky to see classes mid-summer. That said, every month classes are postponed adds precious time to your flow date and is actually costing you tremendous amounts of money in the short term (time-value of money invested) and also in the long-term due to earnings potential at the end of your career relative to the age 65 retirement age.
Hiring will resume someday.* AA retirements can offset some of the cuts to the system in the short term.
*AA is in dire financial trouble and lacks the liquidity to financially weather this storm if it lasts more than a handful of months. Bankruptcy is already being floated by financial analysts. United’s net bookings are down 70% for April alone; if this holds true for AA, grab the popcorn and possibly an updated resume.
Hiring will resume someday.* AA retirements can offset some of the cuts to the system in the short term.
*AA is in dire financial trouble and lacks the liquidity to financially weather this storm if it lasts more than a handful of months. Bankruptcy is already being floated by financial analysts. United’s net bookings are down 70% for April alone; if this holds true for AA, grab the popcorn and possibly an updated resume.
03-12-2020, 04:42 AM
#3
Porco Rosso
Joined APC: Apr 2018
Posts: 2,522
Originally Posted by UnprotectdPilot
To all the lazy captains out there (most of you) who don’t have your apps out because “I’m just gonna wait until I flow,” I hope this is a wake up call to apply and update your apps often.
03-12-2020, 06:50 AM
#4
Gets Weekends Off
Joined APC: Jun 2017
Posts: 1,109
Originally Posted by UnprotectdPilot
To all the lazy captains out there (most of you) who don’t have your apps out because “I’m just gonna wait until I flow,” I hope this is a wake up call to apply and update your apps often.
03-12-2020, 07:04 AM
#5
New Hire
Joined APC: Feb 2020
Posts: 5
Originally Posted by Thedude86
On the flip side. Anyone who left outside the flow in the previous year is looking at potential furlough. I feel extremely lucky to be senior at PSA and not on the bottom of the list somewhere else. I don’t think having a number is worth being on the street. It’s all about timing.
03-12-2020, 07:08 AM
#6
Gets Weekends Off
Joined APC: Apr 2019
Posts: 537
Originally Posted by Thedude86
On the flip side. Anyone who left outside the flow in the previous year is looking at potential furlough. I feel extremely lucky to be senior at PSA and not on the bottom of the list somewhere else. I don’t think having a number is worth being on the street. It’s all about timing.
03-12-2020, 07:43 AM
#7
Gets Weekends Off
Joined APC: Jan 2017
Posts: 2,510
Originally Posted by rld1k
Why? He'll still be senior to you. Get a job bartending in the meantime.
03-12-2020, 08:14 AM
#10
Gets Weekends Off
Thread Starter
Joined APC: Oct 2019
Posts: 150
Originally Posted by rld1k
For a year or two of seniority at mainline?
You're not giving up 125k, you're giving up the difference. I see math is not your strong suit.
You're not giving up 125k, you're giving up the difference. I see math is not your strong suit.
