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On 12/11/2002 3:13:24 AM iflyjetz wrote:
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On 12/3/2002 7:27:46 PM frequent_flyer wrote:
UA announced additional pilot furloughs. Read below;
[A href="http://biz.yahoo.com/ap/021203/united_airlines_5.html"]http://biz.yahoo.com/ap/021203/united_airlines_5.html[/A]
How deep will/can these cuts eventually go? A couple of friends of mine were hired by United sometime in 97. I've lost touch with them and I'm hoping they'll be okay. I’ve heard that US cut pilots hired back in 88.
F_Flyer
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Frequent flyer, that article is, believe it or not, a bit dated. Since announcing chap 11, UAL is now furloughing 220 pilots on Jan 15, and 180 more (increase from 132) at the beginning of Feb. I think that'll get just about everyone hired in 2000; I haven't checked the seniority list yet.
I anticipate that there'll be another 1000 furloughs on top of that; that should go into 1998 hires. With an additional 1000 furloughs above the current number on furlough and announced furloughs, that'd make 2244 furloughs (844 + 400 + 1000).
One area where United's pilots have an advantage over USAirways pilots is that there is an average of one retirement per day at United; significantly more than at USAirways.
How deep the furloughs go will depend on negotiated work rules and future bookings. If the pilot work rules change drastically, there could be quite a few more furloughs. If future bookings increase significantly for next summer, there could be quite a few less furloughs. At this point, I'm not a betting man. It could go either way.
Some more factors to take into consideration is how much of a cash burn rate can be sustained by other carriers. AMR is rumored to be burning through a ton of cash; I don't think that they'll be able to sustain that much longer, and will be forced to curtail their schedule.
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I'm hearing that 5000 to 5500 is about what will be left after cutbacks, assuming Ch7 doesnt happen (lots of talk about this as well). How far back does this go in terms of hire date?
Once again, good luck to all
FF