Crap isn't it?
I was even asked to an "interview" by a company I used to work for. Knew the people that "interviewed" me. I didn't hear a thing...I called them up and they said "Oh, you are overqualified" Even though they knew all about my experience and indeed knew me!!
Heard it a couple of times after that too. Guess it depends on the airline as mentioned above.
Thankfully don't have to worry about that now.
Good luck.
HR