Why: Business is slow and getting slower. A need to streamline to show shareholders that AAI is a "Dynamic" company that reacts swiftly to changes and market conditions.
Though probably the most vocal, cockpit crews are not the only ones affected by these redundancies. Maintenance and operations are losing 40 to 60 people from each group.
B737 gone and B744 layoffs over for the time being the brunt will now be carried by the B757/B767 and B747 "Classic" pilots and flight engineers.
First layoff was what could be called "Spring cleaning" with 8 Captains 2 F/O's and 8 F/E's fired. By the looks of it these latest layoffs where based on date of hire and age.