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Old 30th Mar 2003, 10:37
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B767300ER
 
Join Date: Sep 2002
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Capt.Lizad, AA will most likely be bankrupt next week. Those pay cuts that APA is negotiating now will be doubled after ch.11 and permanent. If they don't realize they have NO control once AA enters bankruptcy, it will be a sorry mess once it happens. The analysts predict 19,000 furloughs at AA, grounding 80-100 aircraft and base closures. It will be a bloody mess, and if APA had the foresight to negotiate cuts NOW, and possibly help AA stay out of ch.11, then jobs would be saved.

I doubt AA captain pay will go below SWA's, but stranger things have happened. The longer the war, the worse it will be for AA.
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