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Despite stalled growth in China, Brazil and Russia, a wave of newly middle-class travelers from the BRICs and beyond will start visiting international destinations in the coming decades — dwarfing the numbers we’ve seen thus far.
American wasted no time in initiating sweeping cost-cutting changes including increased hours and frozen pensions for pilots and relaxed code-sharing restrictions to outsource flights.
American Airlines pilots knew the cuts were coming, but the union calls the new terms “atomic.”
Hoban said the cuts coming from American Airlines are just fueling pilots frustrations. The company got the green light last week from a judge to start slashing $370 million in pilot costs. The airline isn’t wasting any time…
American plans to increase the pilots maximum work time to 90 hours per month. Hoban said that’s up from an average of 83 hours per month now and that 90 hours equates to about 20 days away from home every month.
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