Employee Owned AA?
- Thread starter wrx
- Start date
WingNaPrayer
Veteran
AA employees don't get along with each other well enough to jointly own/operate a company of this size. I've never seen a company where the separate niche groups loathe one another so much as in AMR.
Besides, buying AA right now would be like buying the Titanic.
Think about it.
Besides, buying AA right now would be like buying the Titanic.
Think about it.
Buy it Fix it. ORG
The differences with respect to the UAL ESOP are discussed as well as the advantages of owning it.
I have to be willing to put my money where my mouth is. I've been critical of what I've seen and think that radical change needs to happen or this airline will not be around. Buying it out and taking it private would be one way to get the changes done.
Are there significant hurdles? Yes, but most things really worth doing involve disciplined effort.
The upside: we buy our problem, fix it and create the type of company where people want to come to work.
The downside: we could fail, but in my opinion remaining status quo will lead us to the same point quicker.
The differences with respect to the UAL ESOP are discussed as well as the advantages of owning it.
I have to be willing to put my money where my mouth is. I've been critical of what I've seen and think that radical change needs to happen or this airline will not be around. Buying it out and taking it private would be one way to get the changes done.
Are there significant hurdles? Yes, but most things really worth doing involve disciplined effort.
The upside: we buy our problem, fix it and create the type of company where people want to come to work.
The downside: we could fail, but in my opinion remaining status quo will lead us to the same point quicker.
Then you should have bought it in March or April for less than $2 per share rather than its current $12.50 price. B)wrx said:
As I posted in March and April, the employees could have bought the whole company for two weeks' pay. Now it would take about 3 months' pay. Ouch.
LGA Fleet Service
Veteran
The employees at this airline couldn't agree on the color of the sky,much less run this airline in the new competitive environment.Who are we kidding here?
TransWorldONE
Advanced
- Jun 11, 2003
- 172
- 0
I really think that a little humility would help the employee groups work together better...after a few years of hardship the arrogance tends to wear away...worked for us. When you're forced to work together to survive you usually have a lot more empathy for your fellow employees.LGA Fleet Service said:
planemech669
Member
AA/Eagle unions barely get along with themselves let alone each other and the BOD. The only way that this would ever work is for the unions to depart permenantly and the employees to become an association unto themselves where their only concern is the company and not the external political motivations of some distance bureaucratic mafia.
We all know that that will never happen.
We all know that that will never happen.
