AMR to Invest Up to $100 Million in AA Maintenance Services

[FA Mikey]

AMR today announced it is planning to invest up to $100 million in its American Airlines Maintenance Services group as part of an ongoing effort to grow its third-party aircraft maintenance business.

The investment, which was approved by AMR's Board of Directors this week, will provide the basis for a strategic and competitive advantage as American seeks to attract additional aircraft maintenance contracts. American and the Transport Workers Union, representing the airline's maintenance workers, will target a portion of the funds to update and potentially augment American's maintenance facilities, invest in new technology, make process improvements, and increase efficiencies while continuing to look for ways to reduce overall costs for customers.

American officials cited today's announcement as another example of prudent and strategic reinvestment in the business to develop additional sources of revenue, made possible by the company's improved financial performance and execution on its Turnaround Plan.

story here

 

[Bill]

Looks like they are finally getting it!!!!


This is great news!!!

 

[MCI transplant]

Looks like they are finally getting it!!!!
This is great news!!!

<_< ----For once Bill, we agree! Let's hope they spend it wisely!----

 

[FWAAA]

Delta's deal with AC to maintain its 767s is canceled - DL says it will send a dozen of them to HKG in the near term and then the rest will be overhauled here in the USA. Any chance that AA gets that work?

 

[AMFAMAN]

Delta's deal with AC to maintain its 767s is canceled - DL says it will send a dozen of them to HKG in the near term and then the rest will be overhauled here in the USA. Any chance that AA gets that work?

Delta and AA have been swapping work for many years, so it would be a possibility. The problem so far hasn't been the lack of work out there, but the company not willing to sign long-term deals. I guess we will see if this changes.

 

[TIME FOR CHANGE]

The investment, which was approved by AMR's Board of Directors this week

More revenue for bigger bonuses
Keep up the great work.

Looks like they are finally getting it!!!!
This is great news!!!

Does this mean they wont be outsourcing overhaul during the upcoming negotiations

 

[Bill]

<_< ----For once Bill, we agree! Let's hope they spend it wisely!----

I'm not much different than you MCI!


I know this is a loaded question....but who do you give the credit to??????

This won't come as a suprprise to anyone...I give 99% of the credit to local TWU leaders/officers and the members who worked so hard, amongst criticism from many, and held their ground. You can bet your ass that the TWU will have all the leverage it needs come negotiation time!!! Poetic justice?????? Maybe.......


My prediction....this board will become real quiet. Not too much action for the past couple of weeks now. HMMMM???? Curious!! :huh:

 

[AMFAMAN]

I know this is a loaded question....but who do you give the credit to??????

Credit for what? We gave up $120,000+ for job security per Team twu. Since this exchange the twu has given the company $1.2 billion per year in further "value" (concessions) through through the "working it in together" program. Still all this without anything in writing that we will be reimbursed for our sacrifices.

So what do you want credit for? Selling us out with nothing in exchange, sure you got the credit.

If you ask me, the $100 million would be better spent if it was divided amongst the mechanic workgroup.

BTW...if you want this board to be quiet, it will take the former contract being put back in place, with SWA wages on the line, and regional pay for high cost of living places. In addition, it will also require allowing the membership the right to vote on all Intl officer position, and letters of agreement. This would be done by mail out ballot, not the convention style BS.

 

[Wretched Wrench]

You can bet your ass that the TWU will have all the leverage it needs come negotiation time!!! Poetic justice?????? Maybe.......
My prediction....this board will become real quiet. Not too much action for the past couple of weeks now. HMMMM???? Curious!! :huh:

I hope you are right for a change.

I promise if the TWU gets back what was taken from us, I will be quiet as a mouse here and wear a TWU hat everywhere but the shower.

 

[Bill]

I hope you are right for a change.

I promise if the TWU gets back what was taken from us, I will be quiet as a mouse here and wear a TWU hat everywhere but the shower.

....for a change WW??? Seems I've been RIGHT about quite a few things!!

Can't wait to see that new hat!!!

 

[Bill]

Credit for what? We gave up $120,000+ for job security per Team twu. Since this exchange the twu has given the company $1.2 billion per year in further "value" (concessions) through through the "working it in together" program. Still all this without anything in writing that we will be reimbursed for our sacrifices.

So what do you want credit for? Selling us out with nothing in exchange, sure you got the credit.

If you ask me, the $100 million would be better spent if it was divided amongst the mechanic workgroup.

BTW...if you want this board to be quiet, it will take the former contract being put back in place, with SWA wages on the line, and regional pay for high cost of living places. In addition, it will also require allowing the membership the right to vote on all Intl officer position, and letters of agreement. This would be done by mail out ballot, not the convention style BS.

For obviously MORE than you did. You and many others have doubted this whole process then when success is made you still complain.

Nothing in exchange?????? How's $100 mil to secure your future?? Do you not think because of our success we can get what we gave up??

By your own admission, you want instant gratification. $100 mil put back in your pocket instead of a long term solution that will benefit thousands. Just how amfa wanted it isn't it????

Don't worry brother, you'll reap what I (and many others )will sow!!

 

[TWU informer]

Nothing in exchange?????? How's $100 mil to secure your future?? Do you not think because of our success we can get what we gave up??
Don't worry brother, you'll reap what I (and many others )will sow!!

Hammack, you are nothing more than a babbling company suck minion!

AMR Board of Directors keeps overhaul in-house because it makes business sense and is to the Corporation's financial advantage. Not because a few low seniority fear mongering suck asses are still giving away the farm on a daily basis.

AMR Board of Directors will invest Capital Expenditures in those areas where the investment will make a return for the Stock Holder. Not because a few low seniority fear mongering suck asses want to get credit for kissing Corporate Ass!

Those of us that have been here at AA for more than 20 years have seen the investment in overhaul and new aircraft cycle come around for the third time now in our careers.

As for "Getting back what we have gave up"?

Hammack, can you even begin to list everything that has been given up since your involvement as a union officer? You cannot even list it all much less begin to ask for it back.

You are just like most management in and around the Tulsa Base, just lurking around for something positive so that you might pounce on it and attempt to take full credit. When in fact, workers on the floor who seek no credit are responsible. I have news for you Kevin, the credit for our current success goes to the work force that has endured many years of sacrifice, not you and the others sitting around the $5,000.00 wooden conference table at the new union hall. This is one of many reasons we need to send your worthless ass back to toolbox. So we can get a little real production from you for a real contribution to our future instead of you hanging around management's sphincters sniffing out something to steal the credit for having accomplished.

If you had a little more experience with the cycle of the airline industry, instead of fear mongering post 9/11 difficulties, you would realize it is only through hard work that we survive the hard times, and seek rewards in the good times.

Third Party maintenance at a profit is not a new idea at AA, we used to work it on a daily basis in the 80's. AA did not get out of the third party maintenance because we were not profitable. AA got out the third party maintenance because of lack of hangar space due to the growth of the fleet size in the late 80's to early 90's. Employees working together with the company is not new either. There is a 757 and 777 flying around the system that was purchased with savings from employee ideAAs to save money and improve productivity. It is only the worthless dogs such as yourself that seek personal credit for that which actually happens naturally at American Airlines and the Tulsa Maintenance Base.

Trust me Kevin, you will be returning to your toolbox soon, unless you jump to management which is my bet!

 

[eolesen]

This could also be prepping to spin MRO off into its own subsidiary...

 

[Bill]

So now we know what you think of Mr. Hammack.

Sounds like a nerve has been hit. You are the biggest whiner out there and everyone knows it. You come to these boards to cuss someone out when you don't have the balls to do it face to face. Kevin should get a kick out of this one!!! I'll send him over to pay you a visit, how about that? Can you repeat to him what you said in front of everyone else? Or even in private?? I'd be willing to make a bet (a really big one) that you wouldn't! You can't stand the fact that the union you profess to hate (along with it's officersand members) has allowed us to turn a sharp curve. This post is proof of that.

I did expect this type of response from you. I'd be willing to bet everyone did as well! You're a class act brother!

P.S. Did you make it to the open house today? Should have confronted Hammack then...he was there all day. Too busy to be on his computer!!

 

[AMFAMAN]

This could also be prepping to spin MRO off into its own subsidiary...

Excellent point, in fact the local 565 president keeps pushing for the spin-off because as he says it; "then we can write our own checks." He want maintenance to be spun off like Lufthansa Techniks. Yes, follow the path of Sky-Chefs, Sabre, among others who then have to bid for the work they used to have. Might be good for the big wigs, but nothing but stagnant wages for the workers in order to under bid the other contractors. :down: