AA/APFA Negotiations

"crushing debt payment" due was $50 million on the 3 767-300 that were financed by Boeing. Is that crushing? Laughable.

TWA faced a debt payment of $100 million (not $50 million, as you mistakenly alleged) due on Januarly 15, 2001 - and the $100 million exceeded TWA's cash balance. TWA was out of options with nothing left to hock or sell. If that ain't "crushing debt" in your book, then there's no convincing you.
 
"crushing debt payment" due was $50 million on the 3 767-300 that were financed by Boeing. Is that crushing? Laughable.
Why must every topic contain a debate about TWA? This topic is about CURRENT apfa negotiations and skymess nailed the facts in her post. This site is worthless as long is it continues to allow every post to devolve into another rehashing of what twa didn't have/believes they had prior/post acquisition.
 
Why must every topic contain a debate about TWA? This topic is about CURRENT apfa negotiations and skymess nailed the facts in her post. This site is worthless as long is it continues to allow every post to devolve into another rehashing of what twa didn't have/believes they had prior/post acquisition.
Thank you.... TWA is gone, planes are gone, routes are gone , STL is gone.... It's done !
 
Well, everyone complained about the "Nazi" moderators who insisted on civil discourse and staying on topic. Be careful what you wish for.
 
Moderation isn't the problem here -- under the old regime, the thread would have been closed, half of us would have been sent to the cornfield, and questions would have stayed unanswered.

Instead, there's been some good factual information shared, and maybe that will stave off perpetuating misinformation whenever the topic comes up. Or maybe it will answer the question and it won't come up again (hope springs eternal, but April 2011 is quickly approaching).

Between a choice of thread drift and conversation being stifled, I'll take "Occasional Thread Drift for $600, Alex"...

But do I agree -- this has gone way off topic. No more about TWA from me on this thread.
 
Well, everyone complained about the "Nazi" moderators who insisted on civil discourse and staying on topic. Be careful what you wish for.
I think many of the complaints were that some people were allowed to post with impunity while others were suspended or banned from replying in kind.
That's a little different than keeping a thread on topic. If threads aren't hijacked by the TWU they are by the TWA seniority discussion.
 
I think many of the complaints were that some people were allowed to post with impunity while others were suspended or banned from replying in kind.
That's a little different than keeping a thread on topic. If threads aren't hijacked by the TWU they are by the TWA seniority discussion.

Back to the topic:

I think the question that needs to be asked is: Why is this round of negotiations taking so long? The RPA (which gutted the previous agreement) was accomplished in 17 days. LG was the lead on that mess. Could it be that there were no snapbacks and the company is "saving" around $1,000,000 a day? HUMMMMMMMMMM There is absolutely no incentive for the company to settle because there have been no provisions in place to make it happen. I hope this nt is able to negotiate a huge retro check to "encourage" good faith bargaining in the future. My guess, won't happen.
 
Why is this round of negotiations taking so long? The RPA (which gutted the previous agreement) was accomplished in 17 days.
It's all about deadlines, Nancy. Both sides already know what they'll give and what they'll take. Once a thirty day cooling off period is established, you'll see a TA just before midnight.

MK
 
All the more reason the RLA needs to go away. Non-expiring contracts do nobody any good, and the current system has been broken for a long time.
 
As long as AA throws crumbs on the table as what occurred during the last session....the mediator will continue to drag out this farce because there has been "movement at the table"...however small. The company knows what they are doing and the APFA can do absolutely nothing about it because we are held hostage by the RLA.

And to reply to Nancy concerning snap backs....would you please stop. This was not an option and you know it so....... stop already!!!!!!!!!


AND one more thing, every contact that we have had in the last 20 years has had retro pay and this contract will be no different. The APFA will not agree and reward the company with dragging its feet.
 
As long as AA throws crumbs on the table as what occurred during the last session....the mediator will continue to drag out this farce because there has been "movement at the table"...however small. The company knows what they are doing and the APFA can do absolutely nothing about it because we are held hostage by the RLA.

And to reply to Nancy concerning snap backs....would you please stop. This was not an option and you know it so....... stop already!!!!!!!!!


AND one more thing, every contact that we have had in the last 20 years has had retro pay and this contract will be no different. The APFA will not agree and reward the company with dragging its feet.


Bets on retro? I'll bet no. $50 to the charity of your choice.
 
Back to the topic:

I think the question that needs to be asked is: Why is this round of negotiations taking so long? The RPA (which gutted the previous agreement) was accomplished in 17 days. LG was the lead on that mess. Could it be that there were no snapbacks and the company is "saving" around $1,000,000 a day? HUMMMMMMMMMM There is absolutely no incentive for the company to settle because there have been no provisions in place to make it happen. I hope this nt is able to negotiate a huge retro check to "encourage" good faith bargaining in the future. My guess, won't happen.


Correction. The lead in "that mess" was John Ward!
 
The TLV route was a drop in the bucket and was not a factor in AMR's demand that TWA file for bankruptcy protection as a condition of the purchase agreement.

The Karabu Ticketing Agreement enabled Icahn to buy an unlimited number of TWA tickets at a 55% discount which he then turned around and sold on www.Lowestfare.com for less than TWA was charging for the same tickets.

Karabu was costing TWA upwards of $150 million a year. The Karabu agreement bound any airline that bought or merged with TWA and applied to the entire route system of the combined airline. Obviously, AMR would not have gone ahead with the TWA purchase had the Bankruptcy Court not rejected Icahn's ticketing deal.

Riverfront Times - Gremlin on the Wing: Why TWA keeps losing money and how Carl Icahn keeps cashing in at the airline's expense

Well if thats the case, AA can easily write a check and settle matters once and for all and begin/resume service. In all honesty, I prefer BA to CO, DL, and LY since I can take wide bodies with international J the entire way whereas the others require a trip to JFK/EWR on narrow body or regional jet service. I assume AA could side step this by having BA operate a flight US-TLV with BA crews, BA metal but simply codeshare on the route.

Josh
 

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