AA (potential) bankruptcy - another nail in the coffin for wanabees?
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AA (potential) bankruptcy - another nail in the coffin for wanabees?
As if things weren't bad enough already! 
I pray that AA cabin crew will see sense (with all due respect) and vote for the paycuts which may save the airline from bankruptcy.
However, if the worst does happen, will we see an influx of FAA pilots seeking to convert to JAA and further compound the seemingly hopeless plight of the wanabee?
Views anyone?
I pray that AA cabin crew will see sense (with all due respect) and vote for the paycuts which may save the airline from bankruptcy.
However, if the worst does happen, will we see an influx of FAA pilots seeking to convert to JAA and further compound the seemingly hopeless plight of the wanabee?
Views anyone?
I say there boy
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There will be two opposite effects, IMHO.
Firstly, the negative effect: experienced AA pilots with European work rights will be tempted to return to Europe and convert to JAA.
Plus, there will be a flood of FAA pilots to those Asian and middle Eastern countries that hire large numbers of expat, and therefore many JAA pilots. That will mean less openings for JAA pilots in these regions, who will stay at home in European jobs.
Both mean less jobs within Europe.
However on the plus side, it will cause a decrease in capacity on transatlantic routes, which should mean better profitability for the remaining US and big European trans-atlantic carriers, thereby hastening the revival of airlines' fortunes.
Firstly, the negative effect: experienced AA pilots with European work rights will be tempted to return to Europe and convert to JAA.
Plus, there will be a flood of FAA pilots to those Asian and middle Eastern countries that hire large numbers of expat, and therefore many JAA pilots. That will mean less openings for JAA pilots in these regions, who will stay at home in European jobs.
Both mean less jobs within Europe.
However on the plus side, it will cause a decrease in capacity on transatlantic routes, which should mean better profitability for the remaining US and big European trans-atlantic carriers, thereby hastening the revival of airlines' fortunes.
