I know there's all this hubbub about PSA potentially being sold. I'm no expert, but why would loading up your company with extra costs attract buyers? Airlines typically try to run as lean as possible before selling in order to increase the value of their balance sheet.

I think worst case scenario right now is PSA needs to have a lot of excess pilots on hand if AA declares bankruptcy. They know a huge number of pilots will bail if we get hit with a 20% pay cut and the contract and all LOAs go out the window. Bankruptcy court could easily force us into PBS as well. I guess the good news would be that AA plans on keeping PSA around?

This is why I don't think anything is happening to PSA (but I could be wrong). Why would PSA hire a bunch of pilots and sell us off to someone else? Let's just say that Skywest wants to buy us; Skywest doesn't want the pilots, they want the airplanes and the routes. They could care less about throwing 2,000+ pilots on the street once the deal's done.

I think that PSA is getting ready for BK when they lessen the scope clause to allow regionals to fly more routes for AA. We're also getting more routes added it seems weekly out of Charlotte as well.

Here’s the scenario where hiring makes sense

AA is shopping PSA to private equity firms. The airline will come bundled with a long-term contract. The numbers will show an X% return on investment. The bigger psa is, the more revenue, the more profit, the more a buyer will pay

and my guess is flow stays intact. Doesn’t cost AA anything really and helps labor costs to newPSA

I just fail to see how decreasing profit margins by increasing labor costs will raise the sale price. But I know as much about selling an airline as I do about humpback whale migratory patterns.

You are correct here. In a previous life decisions were made for short term cost/profitability instead of a better long term plan.
IMO, unless this is part of the deal with the purchasing company that PSA tie up their loose ends, I’d say it is more for optics at a bankruptcy proceeding. May second guess would be that is this is plain great news PSA and terrible news for a one of the AE regionals.

I hope people aren't actually losing sleep over this. Last year around May/June everyone was saying we're going to get com air'd, now there is this. Just do your job and try not worry about the rest, because it is out of our hands.

Exactly, it does bode well we had some of the highest performance numbers of the entire AE portfolio. When it comes down to it, pandemic, bankruptcy, or alien invasion, DOT is still the king.

I got the same initial call as you on Thursday about a Wednesday or feb 8th class, but was told I would be called Friday. Still nothing have you heard anything new?

For those that have gotten to the second call how many days between did you experience?

Hopefully we're not falling thorough the cracks or something here, I know they're probably busy...

Emailed my recruiter and he said if I haven’t heard anything Wednesday to reach out again. Another guy in my interview class got his call today and he was also called like me on Thursday.

I honestly think another possible scenario is you guys and Piedmont merging. Different fleet types and consolidating management. Having CJO's out can be tricky with a merger. Just a thought though probably wrong.