2Q earnings (loss) announced this morning.. link to webcast is below. Listen in at the 3 minute mark.. sounds like Dougie Debt refers to AA as Americawest. I know its tough times but wow.. https://edge.media-server.com/mmc/p/p3r7yfzr
Topics regarding layoffs at American Airlines Group Inc.
Top US airlines plan to cut thousands of workers when CARES Act ban on layoffs expires "American Airlines, which took about $4.1 billion in grants and nearly $6 billion in loans from the government, warned staff in a memo that about 25,000... — read more
Are there any IT FTE's getting layoff in American Airlines ??
well, nobody is writting about layoffs that took place yesterday. people still live in hope that layoffs will be avoided. in fact, they are laready happening - ask around and dont' be sheep.
The borrowers will have to keep employment levels and restrict employee compensation, dividends and share repurchases to qualify for the CARES Act loans.
I guarantee you, the moment bailout stipulations expire we'll be seeing much bigger layoffs than it was announced. And many more departments will be affected, not just management and support services. Even if the pandemic is subsiding, it will... — read more
Who is affected and where do you see us in 6 mo from now? How about 1 year?
"The layoffs are inevitable, I have relatively low seniority," he said. "It's a huge gamble between separating with some continued pay or really solid travel benefits, or getting laid off with no severance." Among the people I know, a lot have... — read more
Thoughts? Would you/are you taking the offer? 1/3 pay through the year is a pretty good deal all considered if you find another job during the year. I bet M&A staff can find other roles with transferable skills.
Laid-Off Flight Attendants Find New Work Fighting COVID-19 https://www.npr.org/sections/coronavirus-live-updates/2020/04/03/827011245/laid-off-flight-attendants-find-new-work-fighting-covid-19
Planes are essential to human existence. No matter how scared or how broke people are, they will find a way to fly when they have to - and that is often. Yes, right now the situation doesn't look that good, but anybody who has been through a... — read more
I was working as contractor in IT department and they ended my assignment. Based on my vendor information they laid off 50% of contractor to stop losses. Hopefully the worst is over for AA
Soruce below. This may be helpful for hourly employees ata tare being put on ZERO HOUR SCHEDULES: Restaurants, hotels, and other companies across the US are laying off workers or severely cutting hours as the coronavirus pandemic cripples... — read more
Every other airline from what I can see has allowed its HQ employees to work from home - what the hell is wrong with American Airlines to keep denying us? They will suspend service in plains to protects flight attendants but who cares about us... — read more
If the government loans are approved no furloughs through August 2020 are a provision. AA is currently offering temporary leaves of absence for 1, 3, 6 and 12 months at a reduced pay rate with continued insurance coverage to reduce current... — read more
I didn't anticipate a 47% drop as posted in Bloomberg channel's report of the NYSE, and will not be indicative of quarterly earnings because AA just notified the press that their pilots age 62+ will be given 3 years Service credit to allow them to be... — read more
I just read American Airlines has secured a $1B credit line to deal with the current COVID-19 outbreak. Does this mean we can breathe a little easier in regards to... — read more
Cutting international capacity by 10% Cutting domestic @ 7.5% sometimes in April Cutting payroll, hopefully only temp My Take: They should go deeper on both dom and intl
The suspension of China and Hong Kong flights has been extended through April 24. I think more countries will be added to this list as the virus spreads. Even the most optimistic among us should know by now that it's only a matter of time before we... — read more
Anticipating a 20% or more loss of revenue/profit caused by Coronavirus closing routes and Boeing aircraft grounded, not receiving FAA AIRWORTHINESS certification anytime soon, cost savings from voluntary buyouts for flight attendants with 15 years... — read more
Where is this taking us? How will be the rest of the year.
When did American Airlines become a place where the only way to be promoted is to know somebody or be related to the right person? Oh, right, there is also the kiss-a– option. What happened to being promoted based on merit? On what you know and how... — read more
Layoffs - that's it.
Not just from the HQ but all locations? And are we finally done?
The iam union is a joke had 7.5 years with usairways and based out of Charlotte nc union said my was saved 5 years ago and then laid off as a ramp agent basket fairbanks represent pit crew and the drunks the leads do not count the agents do the... — read more
Please share how many employees work at the company. Finally, how many of them are employed at Fort Worth?
If the economy turns around, do you anticipate any American Airlines Layoffs 2020? Any news or rumors?
AA can be really weird, especially when it comes to the decisions
It looks like not just management but professionals that are contracting at American will be the first in line to get laid off too. It's an irate and back stabbing environment over there right now. Best to put your resumes out and move on because... — read more
Everybody and their mother knows by now that we are looking at some layoffs at American Airlines, but the good news is that it will mostly if not completely affect management. For once, it looks like we'll be really getting rid of the real dead... — read more
I need to know if we'll have layoffs this quarter here in Fort Worth.