Get Ready!

[Hopeful]

There is good reason for the drop in AMR stock.

AA made no promises about further concessions!

They will be here sooner rather than later.

 

[Hackman]

There is good reason for the drop in AMR stock.

AA made no promises about further concessions!

They will be here sooner rather than later.

Don't forget about the layoffs that will go along with it!!!!! We have thousands on layoff and industry leading concessions!!!! THANKS twu!!!!

NO VOTE? NO PEACE!!!!

 

[Nightwatch]

Anyone besides me ever notice how negative the AMFA supporters are. It would be poetic justice to see them in an AMFA atmosphere, then the real crying would begin.

Do you guys wake up in the mornings and say.."damn, I'm still alive!" Why not quit this job and go to work at a Suicide Hotline as an operator, wait a minute, scratch that idea.

 

[Buck]

Anyone besides me ever notice how negative the AMFA supporters are. It would be poetic justice to see them in an AMFA atmosphere, then the real crying would begin.

Do you guys wake up in the mornings and say.."damn, I'm still alive!" Why not quit this job and go to work at a Suicide Hotline as an operator, wait a minute, scratch that idea.

Twenty Years of Concessions!

Now that is negative!

 

[Nightwatch]

Twenty Years of Concessions!

Now that is negative!

AMFA's history.....now that is negative.

 

[Checking it Out]

I thought the Thread was appropriate for this!

Name: I wish I could post it
Email: sorry it would be immediately
Employer: recognized and jeopardize
Station: some good peoples jobs
Date: Wednesday July 14, 2004
Time: 07:00:11 PM
Comments
To those of you talking about the possibility of losing another 1000 mechanics. What I am about to post is going to make the 1000 lost, look good. I'm sorry I have to post this with out posting my name, but the sensitivity of this info could cause the people that confirmed this info, their jobs. Even though they are not union members I cannot betray their trust in my word, to not reveal who I am and more importantly who they are. If I were to post my name or real nickname, it would certainly cost them their job. I won't take that chance, so you may choose to ignore or to believe this post, but if you knew who I am you would know I've given you similar information in the past and nearly all came true. There are some highly secretive documents floating around in bldg. A. These papers indicate that by this time or shortly there after in 2006, NWA plans to have a mechanic payroll of between 1000 and 1450, total. I have personally seen this doc, and have no reason to not believe the person that allowed me to see it. Every bit of information they have shared with me over the last 6 to 10 yrs. has been right on the money. This doc. gives exact details of what stations will still have some mechanics for line/overnight repairs/checks. The numbers at each sta. are not in concrete, because they are still not positive about what our a/c fleet is going to consist of. It shows where the heavy checks and engine work will be done, and what the contracted repair rates are going to be. It even went as far as to spell out what dates companies such as our uniform vendors are to be given notice that the contracted quantity of uniforms will be reduced, so that the negotiated prices remain in tact, by giving them the proper lead time notification. The document goes on and on with nearly 10 pages of specific details. I'm not posting this to cry "the sky is falling", I'm trying to make sure that at least some of you will have the time to prepare yourselves and your families for some very hard changes in our lives, and to prepare for our next route in life. I know that none of you have any reason to believe me or this post. All I can say is that I told many of you years ago, what was coming and we are now living it. The info I gave you then, came from the same sources that this new info has come from now. Take it for what it's worth, just don't get caught with your feet flat


I reported this several months ago, The Amfa contract with NWA apparently has a clause that will allow this to happen in this time frame!!!!

 

[Hopeful]

To CIO and Nightwatch:

Can you honestly say you believe the company when they say they won't come to the employees for concessions?

This has nothing to do with me being an AMFA supporter.

Don't you read the news?
Analysts are already saying that if UAL and USAIR and DElta succeeed in cutting their costs by billions of dollars, AMR will be at a disadvantage.

This has nothing to do with TWU/AMFA issues. This is about the company NOT being finished with the concession spree. If you or anyone else believes that AA will sell routes and assets or cut 1000's of more management jobs instead of hitting us with concessions and worse, hitting our pensions, I'm afraid you will be in for a shock.

 

[Bob Owens]

To CIO and Nightwatch:

Can you honestly say you believe the company when they say they won't come to the employees for concessions?

This has nothing to do with me being an AMFA supporter.

Don't you read the news?
Analysts are already saying that if UAL and USAIR and DElta succeeed in cutting their costs by billions of dollars, AMR will be at a disadvantage.

This has nothing to do with TWU/AMFA issues. This is about the company NOT being finished with the concession spree. If you or anyone else believes that AA will sell routes and assets or cut 1000's of more management jobs instead of hitting us with concessions and worse, hitting our pensions, I'm afraid you will be in for a shock.

You are Hopeful but CIO is Hopeless.

He still believes everything the TWU/company tells him despite the fact that all through 2002 the company told us that our contracts were safe. Despite the fact that even though they claimed they got full disclosure from the company the WSJ reported executive perks that the union was unaware of, despite the deception around the Me Too clause in 1995 that left us with a 6% adjustment over a six year period.

And the scary part is he, and people like him following Jim Little (or possibly Gary Yingst by then) are what we have to look forward to in future negotiations if we stay with the TWU!

 

[Checking it Out]

Hopeful, I believe we are going to be at a disadvantage if the Airline Industry continues down the current path. If you look at the threads recently, you will see I am very concerned. My Dad went thru this with the trucking Industry in the seventies. One thing I have Learned the Language, Political involvement and good negotiation skills is a necessity!

 

[TIME FOR CHANGE]

Shares of AMR Corp. (AMR:NYSE) , parent of American Airlines, fell 6% on Tuesday after Citigroup Smith Barney downgraded the company and other brokerages lowered earnings estimates.
Citigroup analyst Daniel McKenzie dropped his rating on AMR to hold from buy and cut his price target to $13 from $19, telling investors that the company would continue to "limp along" in the coming year as it tries to become more efficient and simplify operations. In reaction, shares of the carrier dropped 62 cents to $9.73, hitting an intraday low of $9.53, a level unseen since mid-August 2003.

"We think it is prudent to become more cautious on AMR, given our view that UAL (UALAQ.OB:OTC:BB) and Delta Air Lines (DAL:NYSE) will ultimately end up with a cost structure materially lower than AMR within the next year, thereby leaving AMR at a competitive disadvantage," the analyst wrote in his downgrade. (Citigroup Smith Barney does and seeks to do business with the companies covered in its research reports.)

In the analyst's view, with the Air Transportation Stabilization Board rejecting the application from UAL, parent of United Airlines, for a loan guarantee, United will now try to cut costs by as much as possible. And with Northwest Airlines (NWAC:Nasdaq) and Delta both working to cut costs in an environment where oil is at $40 a barrel, American's costs aren't likely to stay among the lowest of those of all legacy carriers.

While McKenzie acknowledges that American's effort to further reduce costs by streamlining operations could provide upside momentum to earnings expectations, the analyst nonetheless lowered his 2005 earnings estimate by 50 cents a share.

Other analysts were also lowering their estimates and price targets, with Prudential Equity Group analyst Dan Hemme cutting his price target to $11 from $17 and revising his second-quarter estimate to a loss of 12 cents a share from a profit of 28 cents a share. The analyst also lowered his 2004 estimate to a loss of $1.92 from a loss of 10 cents a share. Currently, Wall Street expects American to lose 3 cents a share in the second quarter and $1.80 a share in 2004.

"Despite the benefits from a major shift in labor costs implemented last year, American Airlines looks to have been hit with many factors that will detract from fundamental performance for the near and intermediate term," said Hemme, in his note. (Prudential has no investment banking business, and Hemme does not own shares of American.)

The downgrades and sliding estimates are the latest signals that Wall Street is growing disillusioned with American, which has seen its turnaround plan run off track because of high fuel costs and a difficult operating environment.

Two weeks ago, John Darrah, the outgoing president of its pilots' union, said the company would have trouble surviving in the long term unless company management can find ways to compete with low-cost carriers such as Southwest Airlines (LUV:NYSE) .

More concessions on the way

 

[Radman]

Hopeful,

Hopeful, I believe we are going to be at a disadvantage if the Airline Industry continues down the current path.

All the airlines are trying to farm out as much as possible. The only way they will not is if what they pay their work force is less than contract maintenance. With the OSM shops AA has just that. Before you say I am talking bad about OSM's; I am not. I think they should be paid Technician wages minus license if they do not have any license.

good negotiation skills is a necessity!

Wasn't it denise burchit who said we could never reach the $35.00 mark? I just happen to have a good friend that was at that meeting. Then here comes NW technicians getting 35 and change. They are the ones who even made that mark attainable. Now refresh my memory; Who negotiated for them?

 

[Bob Owens]

Hopeful, I believe we are going to be at a disadvantage if the Airline Industry continues down the current path. If you look at the threads recently, you will see I am very concerned. My Dad went thru this with the trucking Industry in the seventies. One thing I have Learned the Language, Political involvement and good negotiation skills is a necessity!

Apparently CIO keeps talking eternal doom and gloom for the Airline industry because he seeks to move up through the TWU to one of six figure International spots where competition and accountability are no longer a concern. If AA expands through the use of our cheap labor then the TWU will expand and be able to employ more people like CIO.

You see instead of fighting these guys are just looking to make their escape at our expense.

Then they turn around and blame it on the members themselvs; "If you dont like it go somewhere else", "If you only participated", "Pull together , Win together", "Together we make a difference" "United invincible" "Lets stick together and show the company how little we can work for, we will show them". Resist the company? Fight concesions? What are you nuts, we will all lose our jobs!

 

[Hopeful]

CIO:

It is my understanding that when these concession negotiations began a year and half ago and AA was threatening bankruptcy, the company gave the TWU a choice. Give up the current pension plan and take NO concessions. If this is indeed accurate, that would have been the way to go. Because, inevitably, AA will get the pensions and we will get NOTHING in return. doing so now.

Let's see Jim Little demand more shared sacrifice from management.

 

[Vortilon]

CIO,

I am tired of the forced charity imposed on the AMT membership to keep the head-count at AA artificially inflated. The TWU then takes credit for saving jobs at our expense. From what I hear from my Tulsa contacts, they are over staffed currently. I do not like to see anyone hit the street; however, it is part of the risk working in this industry. I voted against the last round of concessions, and would vote against anymore period! It is not the unions job to tell us how much pay and benefits we need. In fact, it is insane to have a group of AMTs that quite literally live in the lowest cost of living area in the USA - dictate our wages and benefits. The reasons are obvious. We see through your scam, tell the 514 members that they are all victims and that their only chance of survival - is to go along with your line of BS. Yes, you will have some believers; however, more and more Tulsa AMTs & OSMs are educating themselves. These people are a threat to your master plan. Bottom line is, there is no more fluff left to take from us, except maybe the performance pay deal. Stop defending the idea that it is best to take cuts to preserve jobs. You devalue the worth of all our careers, and the guys on layoff will have shell of a job to comeback to - if God willing they ever do.

 

[Buck]

Do not worry, I cannot find a TWU supporter in TUL that will vote for any more concessions. It is obvious that these members of the TWU are ready to fight. They are going to show the company the real meaning of unionism at the early openers in 2006. Shaved head and camo's that will put the company in its place.