"American Airlines is now on firm financial ground" and can afford big raises

[FWAAA]

Fifth consecurive quarterly profit and the APA has given AMR a clean bill of financial health:

AA Pilots: Company Profit Allows Raise

Thursday July 19, 1:26 pm ET
By The Associated Press

American Airlines Pilots Say Profit Shows Company Can Afford to Raise Their Pay

The new president of the pilots' union at American Airlines said Wednesday's report of a $317 million quarterly profit shows that the company can afford to increase the pay of employees.

"American Airlines is now on firm financial ground," said Lloyd Hill, who took over the Allied Pilots Association this month. "It is well past time for our pilots to reap the rewards of this improved financial performances, just as American Airlines' executives and shareholders have done during the past couple of years."

The union asked in June for a 30.5 percent pay raise plus signing bonuses to make up for pay cuts that employees accepted in 2003. Hill, who was elected president after the union announced its pay proposal, has said he favors larger raises.

http://biz.yahoo.com/ap/070719/tx_american...ilots.html?.v=1

Time to restore the pay to pre-2003 levels plus a raise. AA is healthy again. Good luck with that, Mr Hill. B)

 

[TIME FOR CHANGE]

Fifth consecurive quarterly profit and the APA has given AMR a clean bill of financial health:
http://biz.yahoo.com/ap/070719/tx_american...ilots.html?.v=1

Time to restore the pay to pre-2003 levels plus a raise. AA is healthy again. Good luck with that, Mr Hill. B)

Time to share the gain



A catchy phrase now its time to pay up

I dont think luck will have anything to do with it.

Safety may play a big role though

 

[Bob Owens]

Fifth consecurive quarterly profit and the APA has given AMR a clean bill of financial health:
http://biz.yahoo.com/ap/070719/tx_american...ilots.html?.v=1

Time to restore the pay to pre-2003 levels plus a raise. AA is healthy again. Good luck with that, Mr Hill. B)

http://www.usaviation.com/forums/index.php?showtopic=36595

PAY NO ATTENTION TO THAT $6BILLION BEHIND THE CURTAIN! THE COMPANY STILL CANT AFFORD TO PAY YOU! The Great FWAAAZ has spoken!

 

[FWAAA]

http://www.usaviation.com/forums/index.php?showtopic=36595

PAY NO ATTENTION TO THAT $6BILLION BEHIND THE CURTAIN! THE COMPANY STILL CANT AFFORD TO PAY YOU! The Great FWAAAZ has spoken!

Now That's funny!

Have a great weekend, all. B)

 

[TIME FOR CHANGE]

http://www.aanegotiations.com/apaWages.asp



American would like to create greater opportunities for pilots to increase their earning power through a model that links higher earnings/W2 to higher productivity and will negotiate with the APA in an effort to achieve this goal.

Achieving a competitive pilot cost per block hour is critical. At American, significant drivers of pilot cost per block hour are wage rates, pensions, vacation, pay guarantees, sick time, social security benefits, profit sharing, health benefits and training.

Block hours represent the actual amount of time a pilot spends operating an aircraft - from the time the plane pushes back from the departure gate to the time it's parked at the arrival gate. How much an airline pays for these block hours is a key measurement of pilot cost competitiveness.

To compare how American's total pilot costs per block hour stack up against the competition, the company regularly reviews publicly available data from the U.S. Department of Transportation's Form 41 reports. This database is a compilation of financial and operating statistics that all major U.S. air carriers are required to submit on a quarterly basis. Based on these numbers, American has a pilot cost disadvantage against all five of the other network passenger carriers and all of the low-cost carriers, many of which the company competes with on a head-to-head basis.

The negotiating committee is eager to engage in discussions with the APA on how to improve American's position in this area and give American a competitive "cost-per-unit-of-production."




When will AA management pull out the powerpoint chart comparing their payscales with that of other airlines.

That is something we all would like to see. The AMR overinflated overpaid management staff.

Maybe thats why they are revamping their numbers system wide.

 

[ch53D]

When will AA management pull out the powerpoint chart comparing their payscales with that of other airlines.

Not until Boston Consulting says them can.

 

[TIME FOR CHANGE]

A quick summary of major and noteworthy events since the start of negotiations.

July 24, 2007
During today’s negotiating session American provided a response to the TWU’s last proposal. It is apparent that, based on our discussion, our interests and expectations vary significantly. In an effort to bridge this gap American proposed that we retain an experienced facilitator to assist the parties in making progress toward a new agreement. The TWU showed little interest in facilitated discussions. The next bargaining session has not been scheduled.


Seems the firm financial ground will never be firm enough to get anything from AMR unless of course you are part of the gang of greed

:down:

 

[AMFAMAN]

In an effort to bridge this gap American proposed that we retain an experienced facilitator to assist the parties in making progress toward a new agreement. The TWU showed little interest in facilitated discussions. The next bargaining session has not been scheduled.

The company screwed up with the facilitator suggestion, they should of went with a bartender instead.

The deal would of been signed shortly the drinks started to flow.