Eagle Life
#3482
Gets Weekends Off
Joined APC: Jul 2010
Posts: 3,371
They told us today that Eagle expects to hire 720 guys for next year. iPads on the way they hope to get full approval for the EB in 2nd Q 2012, initial 6 months test starts next month.
#3484
Gets Weekends Off
Joined APC: Aug 2011
Position: Cloud surfing
Posts: 492
Are you serious? If so, why do they need that many pilots? Did they say?
#3485
Guys, is no secret that AA will be the biggest player on hiring the next few years. There are around 250 eagle pilots with AA seniority numbers that will start getting recalled (they have the option to defer and allot probably will) in the next few months. Then there is the 824, this is a done deal. The arbitrator has ruled and we are waiting for the specifics, but as of right now they will take 50% of classes at AA. It is in AMR best interet to move them as fast as possible. Then there is the 35% but we know that is a bit suspicious but the above mentioned is happening (well we know how things are in the biz). Eagle will see allot of movement in the next few months, this is why we are hiring so much. We haven't seen a vacancy bid in over 2 months because the compant is waiting on the final details, and the AA retirements are making things a bit more interesting.
#3486
Gets Weekends Off
Joined APC: Aug 2011
Position: Cloud surfing
Posts: 492
Guys, is no secret that AA will be the biggest player on hiring the next few years. There are around 250 eagle pilots with AA seniority numbers that will start getting recalled (they have the option to defer and allot probably will) in the next few months. Then there is the 824, this is a done deal. The arbitrator has ruled and we are waiting for the specifics, but as of right now they will take 50% of classes at AA. It is in AMR best interet to move them as fast as possible. Then there is the 35% but we know that is a bit suspicious but the above mentioned is happening (well we know how things are in the biz). Eagle will see allot of movement in the next few months, this is why we are hiring so much. We haven't seen a vacancy bid in over 2 months because the compant is waiting on the final details, and the AA retirements are making things a bit more interesting.
Don't you hear all these talks about Chapter 11? They seem to be really close!
#3487
I don't think BK is in the cards for AA. The political and business environment is very different than 2003; there isn't the "sympathy" for distressed airlines.
BUT, AA needs to do something dramatic to break out of its current predicament--poor financials, up against strong competitors, expensive contracts. In '83, they were seen in a similar position, deregulation didn't favor them, the analysts were against them. They pulled "two-tier" contracts out of their hat and changed the industry, combined with an historic economic expansion AA was top dog for 15 years.
What's the next "rabbit out of the hat"? Mainline 95-seaters at regional-like pay scales? A new B-scale? A huge change in its business model--move away from hub and spoke to an SW model?
All possibilities
GF
BUT, AA needs to do something dramatic to break out of its current predicament--poor financials, up against strong competitors, expensive contracts. In '83, they were seen in a similar position, deregulation didn't favor them, the analysts were against them. They pulled "two-tier" contracts out of their hat and changed the industry, combined with an historic economic expansion AA was top dog for 15 years.
What's the next "rabbit out of the hat"? Mainline 95-seaters at regional-like pay scales? A new B-scale? A huge change in its business model--move away from hub and spoke to an SW model?
All possibilities
GF
#3488
Gets Weekends Off
Joined APC: Aug 2008
Position: forever fo
Posts: 2,413
I don't think BK is in the cards for AA. The political and business environment is very different than 2003; there isn't the "sympathy" for distressed airlines.
BUT, AA needs to do something dramatic to break out of its current predicament--poor financials, up against strong competitors, expensive contracts. In '83, they were seen in a similar position, deregulation didn't favor them, the analysts were against them. They pulled "two-tier" contracts out of their hat and changed the industry, combined with an historic economic expansion AA was top dog for 15 years.
What's the next "rabbit out of the hat"? Mainline 95-seaters at regional-like pay scales? A new B-scale? A huge change in its business model--move away from hub and spoke to an SW model?
All possibilities
GF
BUT, AA needs to do something dramatic to break out of its current predicament--poor financials, up against strong competitors, expensive contracts. In '83, they were seen in a similar position, deregulation didn't favor them, the analysts were against them. They pulled "two-tier" contracts out of their hat and changed the industry, combined with an historic economic expansion AA was top dog for 15 years.
What's the next "rabbit out of the hat"? Mainline 95-seaters at regional-like pay scales? A new B-scale? A huge change in its business model--move away from hub and spoke to an SW model?
All possibilities
GF
Hope your right, since my lively hood would be better off with them doing that. If I had to take a blind guess though, I would fear CH11 mid to late Jan is my gut instinct.
#3489
Gets Weekends Off
Joined APC: Dec 2007
Posts: 618
25 billion in assets and 29 billion in debt. Last 3 year trend is increasing debt, while most airlines were shrinking.
Only positive I see is the net income is increasing.
2 billion dollar loss three years ago to a 500 billion loss today.
#3490
I'm getting so spoiled that I am actually going to bid for a RSV schedule next month again even though I can hold a line. The QOL is much better given my relatively high seniority on RSV.
On the other hand, the only lines I could hold are those horrible ones at the bottom with 300+ hours away from base, early shows, late finishes...you know what I'm talking about.
No thanks. I'll sit pretty here on Reserve until the cows come home....fly when I want and take "days off" when I want! I won't bid for a line until my seniority lets me hold one of those precious 3 day lines near the top of the bid packet...
Or until Eagle begins to furlough everybody below me..ouch!
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