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Rumor is no hiring until December 2012, something big is going to happen soon, feels like a merger around the corner.
Merger? Really?
To me, it feels like oil prices are moving higher. How many aircraft get parked if oil crosses 110? 120? 130?
Cheap oil's the lifeblood of the aviation industry. If the price keeps moving higher, age 65 isn't going to offset all of the older aircraft that will be parked after passenger traffic falls due to higher ticket prices.
You know we're in trouble when we start seeing 'staycation' commercials. http://en.wikipedia.org/wiki/Staycation
With the exception of the 190's (not in min fleet count) we cannot park more a/c as we (east - not sure about west) are already within a plane or 2 of min fleet.
With regards to oil prices, thankfully it's an election year so the politicians won't want people angry overy higher fuel prices. (At least until the election is over)