United announce a major restructuring yesterday, laying off 9000 more employees, leaving 74,000 still employed out of just over 100,000.
They also announced the grounding of 49 additional aircraft, fleet mix unkown, but I speculate 747-400, 767-200, and 737-500.
At the same time UAL is asking for a 1.8 Billion dollar loan guarantee from the goverment, its pilots have agreed to an 18 percent cut. Flight Attendents have agreed to lesser pay cuts as well.
With this savings, UAL is providing financing to its UA Express operation for 145 additional RJ's.
I'm about 1100 on the seniority list of 8400, soon to be 7700, 23 years seniority, 767 about to be 777 Captain, and I got this feeling I'm going to be pulling the gear lever for some 25 year old kid on an RJ within 3 years....
Yes sir, I'll get the clearance right now, sir....
