American Airlines and Labor Negotiations

[CremaDiLimone]

the numbers aren't bad - the bad stuff (737max) is already baked into the cake; stock price-wise and projection-wise. the bad are the company's margins. we're making a .7 cent profit for every $1 in revenue we make, while a united, was almost at .12 cents for every $1 they made in q3.

one intl. premium passenger paying $4.5k for a round trip ticket is better than 9 economy pax paying $301 for a round trip ticket.

delta gets it.

what grinds on me is that the company will cut CapEx by significant amounts next year. the company says they can't wait to share all that free cash with shareholders - no mention of employees.

the $13 billion in buy-backs and dividends since the IPO isn't enough for the shareholders....who were angry when the company gave us out of contract raises.

for those worrying about the company's debt, parker says that all that additional free cash will see the debt cut by $8-$10 billion in the next 5 years.

 

[AANOTOK]

for those worrying about the company's debt, parker says that all that additional free cash will see the debt cut by $8-$10 billion in the next 5 years.

Well, Doug won't be there in 5 years to see the debt magically disappear. He will slowly be descending and making a soft landing with that "Golden Parachute" he will inherit for doing a job well done. Many of us will be gone as well, but minus the parachute of course.

 

[wings396]

Don't get me wrong, AA sucks in comparison to DL, and even UA has much improved itself. If AA can still be profitable with the Bozo moves that these idiots make, imagine what the numbers could be with things done differently.
AA has great potential, just needs someone at the top who can tap into it.

 

[V.O. Reason]

Not sure I would call the results disappointing considering the Max grounding the poorly run operations.
It seems this is exactly what the guys and gals in charge want or they would be striving for big improvements.
Now with that said those improvements can come with believing in your employees which I’m not sure they really do,
At least they don’t do a good job of showing it.
But our operations will suffer if the employees don’t believe in what your doing, pretty simple stuff

 

[dfw gen]

Not sure I would call the results disappointing considering the Max grounding the poorly run operations.
It seems this is exactly what the guys and gals in charge want or they would be striving for big improvements.
Now with that said those improvements can come with believing in your employees which I’m not sure they really do,
At least they don’t do a good job of showing it.
But our operations will suffer if the employees don’t believe in what your doing, pretty simple stuff

You would think. But hey we just kind of stumble along...

 

[robbedagain]

aa with $835 million pre-tax profit - before special items.

disappointing, top line missed. revenues at $11.9 billion, apprx. $660 million less than delta's 3q.

this is what delta had to say about it's record q3 revenues:



i know i sound like a broken record, but aa neglecting/degrading it's premium product is insane during recent and current economic conditions.

sorry, RJ flying doesn't cut it.

aa also paid .7 cents more a gallon for mainline jet fuel than delta and .1 cent more than united. are we going to the wrong gas station?

aa purchased 981 million gallons in the quarter...x .7 cents a gallon, you get the idea.

if we point at delta's refinery, delta said this about it's 'ancillary businesses and refinery':



a $131 million loser in 3q19 compared to 3q18. 32% hit.

all in all, aa pointed a finger at the max groundings and operational challenges resulting from labor contract negotiations. lame.

the company also deposited $52 million into profit sharing...taking us to $139 million for the year. delta is at $1.256 billion and united is at $368 million.

today, southwest put $144 million into it's kitty...taking them to $403 million for the year.

Goes to show what a cluster f..k it has come to. DL. SW. UA running better than AA. Making double if not more than AA. When will the BOD stop being idiots n wake up n see how AA has chased the premium folks away n downgrade AA to the likes of Spirit

 

[Rogallo]

But our operations will suffer if the employees don’t believe in what your doing

Or just don't give a chit anymore!

 

[NYer]

Why are "we," who want to protect jobs and get the best of the best in pay and benefits worried about their numbers? Especially compared to other airlines with lower labor expenses.

Seems counter to our interests.

 

[V.O. Reason]

Why are "we," who want to protect jobs and get the best of the best in pay and benefits worried about their numbers? Especially compared to other airlines with lower labor expenses.

Seems counter to our interests.

Well for one thing you want the company financially healthy in order to maintain those good paying jobs and employee benefits

 

[NYer]

Well for one thing you want the company financially healthy in order to maintain those good paying jobs and employee benefits

Um. They made a load of profit.

Amazing to me how we keep comparing results to Delta when they have such an advantage in labor costs and flexibility. We're arguing against our better interests and the fact everyone seems so blinded by that is just baffling.

When they were losing money everyone acted like it was fake. Many on this forum even said it was hidden from sight so we couldn't get any. Now they're making more then they've ever made and we're talking like it's Allegiant.

Crazy. I mean are we going to care about this as much when we get a JCBA and labor costs will be higher than any other airline?

 

[dfw gen]

If they would have done what they said were going to do.
Negotiate a contract in a timely manner, this would be a different company then it is today. Instead they choose either the company or the association to drag this our as long as possible. At this point i really couldnt care less about their profits future generation or what ever either side is trying to sell. No they created this mess they can call it whatever they want its a mess that not many really care about any more.

 

[V.O. Reason]

Um. They made a load of profit.

Amazing to me how we keep comparing results to Delta when they have such an advantage in labor costs and flexibility. We're arguing against our better interests and the fact everyone seems so blinded by that is just baffling.

When they were losing money everyone acted like it was fake. Many on this forum even said it was hidden from sight so we couldn't get any. Now they're making more then they've ever made and we're talking like it's Allegiant.

Crazy. I mean are we going to care about this as much when we get a JCBA and labor costs will be higher than any other airline?

Ok fair enough but I think what most of us see is that our product should be better and it just seems to be lacking and if we can only maintain passengers because it’s their only choice instead of wanting to choose us because we are putting out a good product our profits have the potential to go very high

 

[Talos]

Don't get me wrong, AA sucks in comparison to DL, and even UA has much improved itself. If AA can still be profitable with the Bozo moves that these idiots make, imagine what the numbers could be with things done differently.
AA has great potential, just needs someone at the top who can tap into it.

The way they have handled the company or I should say mishandled things is pretty severe. Employee morale is shot, Debt is very high and they continue to buy back stock. The operational trouble they also brought that on. It's hard to find an achievement from mgmt. The company will probably have to go outside the industry to find replacements. These guys have laid a rotten egg.

 

[ALUS78]

Why are "we," who want to protect jobs and get the best of the best in pay and benefits worried about their numbers? Especially compared to other airlines with lower labor expenses.

Seems counter to our interests.

Yes how dare the company wanting to be competitive with our competitors.

 

[ALUS78]

If they would have done what they said were going to do.
Negotiate a contract in a timely manner, this would be a different company then it is today. Instead they choose either the company or the association to drag this our as long as possible. At this point i really couldnt care less about their profits future generation or what ever either side is trying to sell. No they created this mess they can call it whatever they want its a mess that not many really care about any more. View attachment 14739

You have to admit the mindset of some,they want zero outsourcing the highest pay,best benefits etc.How is the airline supposed to be competitive?We need to go forward with common sense not emotion.