American Airlines Is Bringing Back Pilots; Wants to Hire More

American Airlines Group (NASDAQ: AAL) is recalling all furloughed pilots and plans to resume hiring this fall, a clear sign that the carrier believes the worst of the pandemic-related travel slowdown is behind it. In a bulletin to employees, American said it hopes to hire 300 new pilots by year's end, and to double that total in 2022. American and other airline stocks plummeted in the early days of the pandemic, but a combination of government assistance and private fundraising allowed the industry to remain airborne through the crisis.