A total of 119 more American Eagle ATR 72 pilots flying out of Dallas-Fort Worth International Airport face possible furloughs in connection with American Airlines’ Chapter 11 bankruptcy filing.
Worker Adjustment and Retraining Notification Act
In hard times past, when an economic crisis resulted in reduced demand for business aircraft and business aviation services, layoffs were common, often with little notice and minimal compensation. In this recession, which has hit business aviation like the downhill run on a roller coaster with no bottom in sight, companies have sought to ease the trauma of job loss.
Among other measures, manufacturers are increasingly looking to layoffs for
cost-cutting as demand dwindles and aircraft production rates drop. Analysts and industry observers look for things to get worse before they get better.