#HereWeSlow
03-12-2020 | 02:51 AM
#1
Thread Starter
Gets Weekends Off
Joined: Oct 2019
Posts: 151
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#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: Apr 2018
Posts: 2,522
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Shhh... you don't want more competition. Let them figure it out on their own.
03-12-2020 | 06:50 AM
#4
Gets Weekends Off
Joined: Jun 2017
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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 | 07:04 AM
#5
New Hire
Joined: Feb 2020
Posts: 5
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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: Apr 2019
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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: Jan 2017
Posts: 2,510
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03-12-2020 | 08:14 AM
#10
Thread Starter
Gets Weekends Off
Joined: Oct 2019
Posts: 151
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