Aircraft Leases

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Air Force Plan Would Cut 10,000 Airmen

Posted by on 05 Feb 2012 | Tagged as: Aircraft Leases, Jet Lease, Uncategorized

Nearly 10,000 of the Air Force’s active National Guard and Reserve airmen would be cut next year if plans detailed Friday by the Air Force go into effect. Cuts will reportedly target the National Guard for more than half of the total personnel, aircraft and other equipment to be trimmed. Specific numbers trim 5,100 guardsmen, 3,900 active-duty members and 899 reservists.The Air Force Times has reported that the Air Force does not intend “to employ involuntary cuts in the active force to reach that goal.” Changes will come to forces in all 50 states and cuts may not stop there. The plan brought immediate push-back.

Air Force Plan Would Cut 10,000 Airmen is a post from: Small Jet Charter

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Air Force Plan Would Cut 10,000 Airmen

Posted by on 04 Feb 2012 | Tagged as: Aircraft Leases, Jet Lease

Nearly 10,000 of the Air Force’s active National Guard and Reserve airmen would be cut next year if plans detailed Friday by the Air Force go into effect. Cuts will reportedly target the National Guard for more than half of the total personnel, aircraft and other equipment to be trimmed. Specific numbers trim 5,100 guardsmen, 3,900 active-duty members and 899 reservists.The Air Force Times has reported that the Air Force does not intend “to employ involuntary cuts in the active force to reach that goal.” Changes will come to forces in all 50 states and cuts may not stop there. The plan brought immediate push-back.

American Airlines’ Bankruptcy May Cost You

Posted by on 04 Feb 2012 | Tagged as: Aircraft Leases, Jet Lease, Uncategorized

As part of its bankruptcy reorganization, American Airlines could announce plans next week to lay off more than 13,000 workers and eliminate pension plans, and at least one analyst warns the actions could lead to the end of the airline. “American made promises to pilots” about “pay, benefits, retirement and employment,” that in many cases “are not going to be kept,” according to Glenn MacDonald an economics professor at Olin Business School at Washington University, St. Louis. MacDonald believes the airline is not positioned to compete and generate sufficient profits to sustain operations without “significant reduction” in what it provides to employees. According to MacDonald, without those reductions, American “will soon be gone, not just reorganized,” with pieces bought up by competitors. Whether that proves prescient or propagandist, pilots’ pensions appear to be in the crosshairs and, you (the taxpayer) may be on the hook for something.

American Airlines’ Bankruptcy May Cost You is a post from: Small Jet Charter

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