OK "spannersatcx" point noted. However, I'd postulate that NO CARRIER can give complete assurances about pilot employment in these troubled times.
AIH has stated that job losses (anywhere in the group) would be a last resort, and for that all AIH employees should be very grateful. I'll bet that other scheduled and charter companies wish they could have made a similar positive statement, instead of those announcing "downsizing".
AIH is a VERY shrewd organisation, and is better placed than ANY other holiday company to weather this storm.
AIH has fuel prices hedged for next year, a limited committment to beds for the upcoming season, and staffing levels that would allow a 20%+ reduction in demand. (ie. the extra flying that currently goes to AAM,BY,MON, JKK...etc. would have to disappear before AIH starts to suffer any reduction in workforce.)
Not ideal, and no good for competitors, but AIH is stronger than PPRune seems to think!
Has anybody spotted which company had an
18%+ rise in it's value today?