AA and Labor Negotiations-2020

[swamt]

I'm non reving for spring break next week.

Only 10 seats open last week. 18 today.

Curious, will you wear a mask and maybe even gloves when traveling in SB?

Being ready to vote on what?
You mentioned layoffs? The devil is in the language. I suggest everyone read the contract thoroughly which I know is asking too much. I came across an article about the airlines survival if this virus thing continues long term. It mentioned that if bookings stay down and airlines are forced to burn through their cash the airlines with the most cash on hand will survive the best. Guess which airline has the least cash on hand?
It's not Delta or United. AA management was criticized for the mishandling of its finances. High debt load and they do a buy back stock purchase. Now who was that person who said airlines will never lose money again?

That would be Mr. Parker

 

[swamt]

And the media is promoting doom and gloom?

They usually always do, the media that is.

Actually, it is Delta with the least cash on hand ($2.882B). United has the most, but they also have the biggest issues ($4.944B). Then you have AAL. ($3.984)

Jet fuel has taken a dip so that saving may offset a loss of revenue.

I was thinking the same. OIL is now below $35 and moving closer to $30. Great for us at the pumps and the airlines. Will it be a close offset from the loss in revenues? We can only hope so.

 

[swamt]

Some will probably love this!

Has anyone heard that the company is thinking of rescinding the contract offer?

I would think that no one would love that. This is the first I have heard of a rescinding the offer. Could they do it? Sure they could as it is not signed into a contract as of yet. Will they do it? I don't think so, but, the question is, even though the Pres. said it does not change anything as they have a "signed AIP" (laughable to say the least) what changes might get made from the AIP to a T/A that is sent out to the membership as the written language is still being negotiated. No worries fellas, that T/A day is right around the corner, I think, we will see when it is done.

As both sides are still writing or modifying what they agreed on back in January here is a article to read about the financial survival of the industry if this virus keeps panicking the public. We still have no agreement signed so it's all still subject to change. Don't be in denial that it's a done deal.

https://finance.yahoo.com/news/coronavirus-shock-tests-airline-industry-133857364.html

More doom and gloom by media 101.
Maybe your contract is a done deal, sure, but what about the Pilots and F/A's up for nego's now? I bet they will feel the wrath of this C-19. Max issues as well as loss revenue will be brought up every chance the company gets at the nego table.

 

[CremaDiLimone]

Actually, it is Delta with the least cash on hand ($2.882B). United has the most, but they also have the biggest issues ($4.944B). Then you have AAL. ($3.984)

Jet fuel has taken a dip so that saving may offset a loss of revenue.

i don't know..this is what CFO kerr said in january:

Turning to the balance sheet. We ended the quarter with approximately $7.1 billion in total available liquidity. As we noted on our January 10 investor update, due to the uncertainty of the return of service of the MAX and our commitment to our $7 billion liquidity target, we arranged an additional revolving line of credit to provide the company with increased borrowing capacity of up to $400 million. We don't have any present intention to borrow any amounts under this facility, which matures in September 2020, with an optional extension to December 2020.

 

[Kev3188]

Some will probably love this!

Has anyone heard that the company is thinking of rescinding the contract offer?

I don’t think they’ll rescind it.

I think there’s a better chance of AA invoking any Force Majeure language you have in your current contracts.

 

[ALUS78]

You can't have employees showing up to work on their days off accessing security areas. If your not scheduled to work then you can not use your ID to get in past security. Union business is not company business. These are federal security regulations and I'm sure each airport authority mirrors that same regulation. This will affect employees not on duty when the vote takes place. I hope the dysfunctional association thought of this little important detail. More voter suppression on the TWU side.

We show up to bid on our days off.How can you say it's not company business,it certainly is. Oh that's how our ticket agents ALWAYS did it

 

[ALUS78]

Future bookings out of DFW. View attachment 15120

And they add thousands daily. Not you NYer but some of these guys sound like they want the company to have bad results...what's wrong with them?

 

[ALUS78]

Stop making sense!

Stop making sense!

It makes no sense if you think your contract with the company is not company business

 

[1AA]

We show up to bid on our days off.How can you say it's not company business,it certainly is. Oh that's how our ticket agents ALWAYS did it

Bidding for shifts and vacation is company business. Voting on a union contract is Union business.
Did I really have to spell it out for you? GEEZZZ.

 

[ALUS78]

It makes no sense if you think your contract with the company is not company business

One time we had it in the corner of the baggage claim ,a couple of tables that is before security

 

[ALUS78]

Bidding for shifts and vacation is company business. Voting on a union contract is Union business.
Did I really have to spell it out for you? GEEZZZ.

We've done it here before and that's how the CWA does it at the airport.Your TWU guys from LGA have to drive to a local down near JFK wonder how many will go

 

[ALUS78]

Being ready to vote on what?
You mentioned layoffs? The devil is in the language. I suggest everyone read the contract thoroughly which I know is asking too much. I came across an article about the airlines survival if this virus thing continues long term. It mentioned that if bookings stay down and airlines are forced to burn through their cash the airlines with the most cash on hand will survive the best. Guess which airline has the least cash on hand?
It's not Delta or United. AA management was criticized for the mishandling of its finances. High debt load and they do a buy back stock purchase. Now who was that person who said airlines will never lose money again?

Someone pointed out you have a history of writing fiction

 

[1AA]

Someone pointed out you have a history of writing fiction

I see your in denial, the truth hurts.
I now have an obsessed follower.

 

[dfw gen]

We've done it here before and that's how the CWA does it at the airport.Your TWU guys from LGA have to drive to a local down near JFK wonder how many will go

they are counting on that.

 

[ALUS78]

I see your in denial, the truth hurts.
I now have an obsessed follower.

Dude tell me where the contract informational meetings are.? Oh my mistake.thats the unions conference rooms at the airport, they always rent a few of those for a rainy day