Here Comes the 'term sheet"
- Thread starter ord78
- Start date
Tex-Mech
Veteran
I called D terminal maintenance this morning and asked for overspeed, and they transferred me to fleet service.
iluvaa
Veteran
- Mar 22, 2007
- 1,228
- 811
bahaabahaI called D terminal maintenance this morning and asked for overspeed, and they transferred me to fleet service.
AA89
Veteran
- Jun 1, 2010
- 690
- 320
Hahahaha Yeah they say a lot of stuff that sounds like fluff don't they......
- Aug 20, 2002
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As someone has said, all that is required is a percentage of A&P's.
OSM's stripping out a heavy check and A&P's putting it back together.
WorldTraveler
Corn Field
- Dec 5, 2003
- 21,709
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- Banned
- #82
you're brilliant, Buck. I'll name you as my first producer. <_< I've been wanting to expand my audience.
yet... the real story of the US airline industry over the past decade has been two items:
1.restructuring for the network carriers and growth for the low fare carriers, most of which has come at the expense of the network carriers who had to shrink during restructuring.
2. mergers and acquisitions among all of the remaining network carriers... including AA slightly over a decade ago.
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You do realize that DL is the only carrier that successfully has accomplished both, don't you? Not only did DL pull off the fastest successful restructuring but it managed to grow during its BK, something no other carrier did.
And then DL is the only carrier that has pulled off a successful merger in the industry.
Only history books speak to TW anymore.
US-HP remains unfinished and didn't deliver many of the promised revenue benefits.
UA/CO has yet to deal with labor integration and yet UAL's costs are almost certain to be the highest in the industry even before wage increases are added in to buy labor peace. History does not have nice endings for airlines that had the highest costs in the industry.
And WN has discovered that their res system couldn't even handle the codesharing that they thought they would use to link the FL and WN systems during the transition - and so they are forced to keep FL as a separate, remaining airline. Are you kidding me? And now WN is underperforming industry revenue production and likely will not be able to change that for months.
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Yet DL has completed the NW merger, is generating revenue premiums to the industry, and has the lowest costs among any nationwide competitor.
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It's no wonder DL is ready to go for another round of consolidation.... they have demonstrated they can succeed at mergers and acquisitions and generate the returns that investors are looking for - while their competitors are left to react and try to catch up.
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It is a horribly sad indictment of management in the US airline industry that DL is the only airline that has succeeded at the two major strategic events that have occurred over the past decade. The most successful other airlines have been AS and B6 who didn't need to participate in either strategic event to a degree close to what the network carriers did.
But it also is not terribly surprising that DL is now poised to grow yet again in the midst of an industry that not only has a broken labor - mgmt model but also has very few leadership teams capable of delivering what they promise.
WorldTraveler
Corn Field
- Dec 5, 2003
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- #84
it would seem that the bigger concern should be that what I have said for quite some time is coming true and I still see a whole lot of things happening in the not-too-distant future ....
- Aug 20, 2002
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You should approach the unions with your knowledge. I am not sure about the pilot's and flight attendant's, but the TWU has enough money to even compensate you.
WorldTraveler
Corn Field
- Dec 5, 2003
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- #87
SOME may, but it is doubtful you will be. Highly doubtful.
- Aug 20, 2002
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Didn't know where to post this, but it is my understanding that the company was given generous terms on some of the MD80's.
It may apply to those brought back from the desert, but the company has actually purchased one or more aircraft for $20,000.00 . I am sure there is more to this and maybe some give and take on returning the leased aircraft back to original condition.
It may apply to those brought back from the desert, but the company has actually purchased one or more aircraft for $20,000.00 . I am sure there is more to this and maybe some give and take on returning the leased aircraft back to original condition.
WorldTraveler
Corn Field
- Dec 5, 2003
- 21,709
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- Banned
- #89
I'm sure that is true.. no one wants the M80s..... but if so, then AA's fuel costs will not go down near as much as they are predicting and the only reduction in maintenance costs will come from outsourcing and cutting salaries of existing employees.
Other airlines reduced the costs of older aircraft in their own BKs not very long ago.... AMR might finally come to the same position, but the M80s are still old aircraft and they will need to be replaced within a few years anyway.
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Creditors are focused on what AA will have to spend for the next several years AFTER BK... they cannot assume that AA will have all it needs as it walks out of BK. As such, their approval of AA's business plan is dependent on the commitments that AA will make for years to come.
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