Hiring Resuming
01-24-2021 | 05:00 AM
#141
Gets Weekends Off
Joined: Dec 2017
Posts: 660
Likes: 0
If AA doesn’t see any positive trends for the summer they’ll declare bankruptcy sooner rather than later. They aren’t just going to keep burning through cash at the rate they currently are until they hit the liquidity floor their creditors have imposed. I’d expect a filing by May/June if Spring Break and summer bookings aren’t looking strong. And I’d guess that with no uniform standards for providing proof of vaccination international travel will be difficult until nations work out some sort of system. And not to mention the incredibly rough start the rollout of the vaccine has been. AA isn’t going to be buying planes from anywhere anytime soon. Why assume more debt when you could have SkyWest or Republic assume that risk while still providing service.
01-24-2021 | 07:53 AM
#144
On Reserve
Joined: Oct 2018
Posts: 15
Likes: 0
according to the class dates that were sent out, there were plenty of people that accepted the recall. I was actually surprised how many accepted. Now how many have since resigned when it came time for class is another. By now only 1/3 of the available classes have begun though, so I don’t think the hiring announcement is directly a result of a disappointing number of recalls. I personally think the company has some news unannounced
01-24-2021 | 08:01 AM
#145
Line Holder
Joined: Jan 2021
Posts: 59
Likes: 0
according to the class dates that were sent out, there were plenty of people that accepted the recall. I was actually surprised how many accepted. Now how many have since resigned when it came time for class is another. By now only 1/3 of the available classes have begun though, so I don’t think the hiring announcement is directly a result of a disappointing number of recalls. I personally think the company has some news unannounced
I'm really hoping that we're going to find out something next week around the earnings call release on Thursday. AA is indeed hemorrhaging money so if they announced some more flying for the WOs (that can be done cheaper) maybe that'll (barely) soften the blow of bad news. Or maybe I'm just wrong.
01-24-2021 | 09:55 AM
#148
Gets Weekends Off
Joined: Dec 2017
Posts: 660
Likes: 0
Thats not a new logo, people just don’t look into anything. It’s the new “PSA Way” graphic that’s replacing the 6 circle one. Same color scheme, if you’d open the article on the portal and read it’d show you why they went with 3 horizontal lines and how it is encompassed by the AA paint scheme on the tail.
01-24-2021 | 11:01 AM
#150
Gets Weekends Off
Joined: Dec 2017
Posts: 660
Likes: 0
Not really. It’s all political rabble. Interesting that DF sends an email about the riots at the capitol. About a week later ST sends us an email that some had addressed his comments, he spoke with DF, who then offered to talk about it if you so wanted to, then a few days later we need to “better ourselves”? I don’t believe in coincidences
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