American to sell wholly owned regionals?
#21
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Joined: Jan 2019
Posts: 1,196
Likes: 28
Who would they sell one of their WO's to? No Airline would buy them or have a need to. Possibly SkyWest but Delta, United , Southwest ,Frontier, Spirit , Jet Blue ,Alligant or Alaska are not going to buy a "regional" . Maybe American would consolidate some of their WO's but that wouldn't eliminate any of their contracts .
#24
Because if 5000+ Eagle pilots are put on the street, yet a new Eagle carrier is created and hiring, you believe everyone of the pilots will refuse a job? What will you do go work at wal mart instead? They would have every seat filled immediately. Now would be the time to do it when LCCs are liquidating and there’s no where to go
Second, the whipsaw is definately going to happen, but not for another 4-8 years, dependng upon the carrier. Management knows that once the Boeing, Airbus and Pratt issues are resolved the floodgates at mainlines will open again. They'd be smart to overstaff a bit now while they can.
Third, PSA is not a 5,000 pilot company, and even putting 2500 on the street (do you have that many? I honestly haven't checked) just means the preferential interviews given to furloughs will move the majority of them to a mainline faster than the flows or AVIATE programs. Further, when the hiring picks up again, EVERY regional will again be hiring balls to the wall, and a bunch of experienced furloughed FO's with over 1,000 121 time make excellent direct entry captains.
Fourth, the scenario you describe ONLY works when there is limited or no hiring at the mainlines. It does not work when everybody is hiring at full speed.
Finally, AAL has always used "we're selling you," or "we're diversting you," or "we're shutting you down," as a wedge to push their agenda. If anything, the three will be merged into one, that's it.... for now. They may even grab a place like Silver in bankruptcy to restart Island service out of San Juan again. The we're selling you or shutting you down works great for them when they threaten to shut you down if you fight them on the wage snap backs.... You'll start hearing things like cost competative to retain current or additional flying too....
#25
This is Ford & Harrison 101. Stop listening. Is Jerry Glass still their lead guy at AAL?
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