Just chatted with one of the union domicile bosses who got out of the Fall Board meeting: It appears that management has no qualms on continuing to shrink the airline based on two factors: 1) If the airline recalls pilots, the pilots "win" - a big no-no during contract negotiations. 2) The more the airline shrinks, the higher the stock price goes up, the higher the management bonuses. (a.k.a. the "PUP" $$$$)
Therefore, his general consensus is that AA will continue parking aircraft at the rate of approximately 20 aircraft every six months or so, until we sign a new contract. With a new contract at least two years away, sounds like we'll be waiting awhile for those recalls. They will be furloughing pilots "from the top", using normal and early retirements. CA Hetterman (Vp Flight) has been telling recurrent classes that the airline plans on shrinking down to about 500 jets (we have over 600 presently.)
Fear grenade? Most likely - especially since we are entering Section 6. Take it for what it's worth - I don't think they really want to shrink that much more. I wouldn't put it past them, but if that's what the plan is, fine - I won't vote yes for a substandard contract just to get guys recalled - sorry. (That includes my own furlough as well!)
Stay tuned, gonna get ugly...
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Therefore, his general consensus is that AA will continue parking aircraft at the rate of approximately 20 aircraft every six months or so, until we sign a new contract. With a new contract at least two years away, sounds like we'll be waiting awhile for those recalls. They will be furloughing pilots "from the top", using normal and early retirements. CA Hetterman (Vp Flight) has been telling recurrent classes that the airline plans on shrinking down to about 500 jets (we have over 600 presently.)
Fear grenade? Most likely - especially since we are entering Section 6. Take it for what it's worth - I don't think they really want to shrink that much more. I wouldn't put it past them, but if that's what the plan is, fine - I won't vote yes for a substandard contract just to get guys recalled - sorry. (That includes my own furlough as well!)
Stay tuned, gonna get ugly...
73