JCBA Negotiations and updates for AA Fleet

[B737 driver]

Jan 12 AAL $58.47
Feb 05 AAL $49.76 = -$8.71

Jan 26 DJIA 26,617
Feb 05 DJIA 24,346 = -2,271

Jun 21 Brent Crude $42.53
Feb 05 Brent Crude $63.83 = +$21.30

May not mean anything in the long run, but those trends are not good for negotiations. It may be a blip in the market, on the other hand, if there is correction because investors are taking their money out of the market and putting it into Bonds, then the cost of borrowing is going up, the cost of fuel is going up and eventually the airline will have to pay taxes, which they currently don't.

In that scenario, will investors allow additional expenses or will they expect for cuts to counteract other expenses going up?

You might not take cuts, but I hope you guys don't go as long as we SWA mechanics have. With our Union saying no, because if stuff changes, then you only get so much, or if you get more than they really wanted to pay, you will go a long time before your next raise. Because the company will want their competition to catch up in labor cost.

 

[WeAAsles]

So Weazz what do you figure, about 200 people follow this forum?

It used to be a lot but I don’t think anywhere near that anymore?

But honestly I don’t have a clue since they changed the format.

 

[NYer]

You might not take cuts, but I hope you guys don't go as long as we SWA mechanics have. With our Union saying no, because if stuff changes, then you only get so much, or if you get more than they really wanted to pay, you will go a long time before your next raise. Because the company will want their competition to catch up in labor cost.

They pay isn't too much of an issue.

The cuts the airline will seek are in Medical expenses and Scope.

 

[WeAAsles]

Jan 12 AAL $58.47
Feb 05 AAL $49.76 = -$8.71

Jan 26 DJIA 26,617
Feb 05 DJIA 24,346 = -2,271

Jun 21 Brent Crude $42.53
Feb 05 Brent Crude $63.83 = +$21.30

May not mean anything in the long run, but those trends are not good for negotiations. It may be a blip in the market, on the other hand, if there is correction because investors are taking their money out of the market and putting it into Bonds, then the cost of borrowing is going up, the cost of fuel is going up and eventually the airline will have to pay taxes, which they currently don't.

In that scenario, will investors allow additional expenses or will they expect for cuts to counteract other expenses going up?

I could have set my watch to your anticipated arrival today “Day Trader”

They call it a correction and it’s been happening throughout the Markets entire history.

If it falls below the 52 week low then maybe I’ll be joining the panic. Certainly not now. I was waiting for this day to happen badly.

(I took the red numbers out to calm you)

 

[B737 driver]

They pay isn't too much of an issue.

The cuts the airline will seek are in Medical expenses and Scope.

Our medical is the same for everyone. Pay is there. Scope is where we are stuck at.

 

[cltrat]

Isn’t there a name for someone who threatens to run to the teacher at every turn?.?

 

[WeAAsles]

Despite the carnage in equity markets that started around 3 p.m. Monday, traders across Wall Street say they generally aren’t seeing any panic.

A quick survey by Bloomberg News of 10 sell-side and buy-side traders and money managers did not point to any specific economic or fundamental data point or news as the driver of the late-session plunge in equity markets. Some traders cited quantitative algorithms and sell programs. There was also little demand for new protection as investors monetized hedges by selling puts or rolling strikes down.

The sell-side traders Bloomberg spoke with noted they had very few fundamentally driven accounts selling into market weakness. Others echoed the lack of news behind the moves, with one sell-side trader saying it "feels all ETF driven."

https://www.bloomberg.com/news/arti...cking-despite-massive-late-session-stock-rout

 

[WeAAsles]

Now “Day Trader” (I prefer it better when you don’t respond) all of this does not mean that we shouldn’t be trepidatious and mindful of any pattern that could possibly cause future concerns.

Consolidation has absolutely helped pricing power and there has been no softening or even anticipated softening of Global air travel demand.

But yes to your favor that UAL news 2 weeks ago is something to keep an eye on. I wouldn’t underestimate the mind of Scott Kirby over there though.

But you do need to chill out just a little and read the positive news and economic data out there.


https://www.bloomberg.com/news/arti...s-as-u-s-drill-rigs-rise-to-most-since-august

 

[Tim Nelson]

I’m not a supporter of anyone either you Kook. And I’m certainty not worried about you trying to call your big Daddy DOL pals on me either.

I’m just a non elected member of the TWU Union. Go ahead and call your friends you weenie.

Now again I asked. Are you retarded? (You don’t answer any questions not to your liking do you)

Weez weez weez....I am a strong supporter of member rights. We have something called the LMRDA. Union Thugs just can't violate member rights and democracy. I keep telling the thugs and thieves but they just don't listen. I got 15 more years to uphold member rights and so after I win a fair IP election, we will install some protections for members that are seriously lacking now. So sad.

 

[WeAAsles]

Weez weez weez....I am a strong supporter of member rights. We have something called the LMRDA. Union Thugs just can't violate member rights and democracy. I keep telling the thugs and thieves but they just don't listen. I got 15 more years to uphold member rights and so after I win a fair IP election, we will install some protections for members that are seriously lacking now. So sad.

I LOVE IT!!!! 15 more years. You just admitted to me again that you (financially) can’t retire until you’re 70.

You’re currently 55 years old.

I guess if I knew myself that I was stuck doing this till I was a very old man I’d be a little coo coo just like you.

 

[Tim Nelson]

I LOVE IT!!!! 15 more years. You just admitted to me again that you (financially) can’t retire until you’re 70.

You’re currently 55 years old.

I guess if I knew myself that I was stuck doing this till I was a very old man I’d be a little coo coo just like you.

well, im not quite that old but, yea, i like my job and im not a rock star. Been blessed but i need to make money to pay bills.

Btw, after reviewing certain information, there appears to be clear and substatial violations by Martinez and the establishment that will be submitted to the dol once we get a few more intercepted emails. Gotta love special key people on their side dumping me all of their game plan and violations. They just dont listen.
Sorry weez but i dont think sito will b around to hand you, pj, jay, lus healthcare cuts.

 

[WeAAsles]

well, im not quite that old but, yea, i like my job and im not a rock star. Been blessed but i need to make money to pay bills.

Btw, after reviewing certain information, there appears to be clear and substatial violations by Martinez and the establishment that will be submitted to the dol once we get a few more intercepted emails. Gotta love special key people on their side dumping me all of their game plan and violations. They just dont listen.
Sorry weez but i dont think sito will b around to hand you, pj, jay, lus healthcare cuts.

This one “almost” finally came off as if you took your medication.

#1 I am sorry (seriously) if you have to work till you’re 70. (I certainly don’t like my job that much)

#2 I really wish you would stop rambling (talking out loud) about all this stuff. It really DOES paint a picture that there’s something mentally wrong with you, you have to know. I really don’t care either honestly.

#3 Thanks for finally realizing I’m NOT in your Union “They just don’t listen”

#4 I don’t want you to lose your Medical percentage costs. Why in the World would I or any of my Brothers and Sisters want to pay more? And they really DID present your medical to AA. Seriously. But I know, it doesn’t fit your portrayed narrative.

So Tim when do you think we can talk about other things here besides you?

 

[737823]

Jan 12 AAL $58.47
Feb 05 AAL $49.76 = -$8.71

Jan 26 DJIA 26,617
Feb 05 DJIA 24,346 = -2,271

Jun 21 Brent Crude $42.53
Feb 05 Brent Crude $63.83 = +$21.30

May not mean anything in the long run, but those trends are not good for negotiations. It may be a blip in the market, on the other hand, if there is correction because investors are taking their money out of the market and putting it into Bonds, then the cost of borrowing is going up, the cost of fuel is going up and eventually the airline will have to pay taxes, which they currently don't.

In that scenario, will investors allow additional expenses or will they expect for cuts to counteract other expenses going up?

Guess this will be the opposite of the 1995 agreement (6 years/6% in a soaring economy)

Not sure how Weez voted.

Josh

 

[WeAAsles]

http://money.cnn.com/2018/02/05/pf/dow-selloff-explainer/index.html
http://money.cnn.com/2018/02/05/pf/dow-selloff-explainer/index.html

 

[JayDemyanAA2444]

My question to you is why do you continue to violate the rules of this election and make your own Local's nomination void? You don't even know why do you? Maybe you should ask the IAM what I'm talking about, otherwise, Carry on!

(everything you posted has already been copied to pdf. You and other haters against our members will most likely be contacted by the DOL for rules violations.)

Wow! I guess little ole me is starting to get under Tim's skin!

Here's something you can put in your pdf and do whatever it is that you do with the DOL: I am not, nor have I ever been a candidate for a leadership position for the IAM either GL or district 141. I am a member in good standing who is seeking to educate my brothers and sisters about the current campaign and also to hold those accountable and seek further information regarding the candidates, their positions, and qualifications for office.

What I will continue to do is seek the truth about you and your ticket of "challengers". Anyone who reads my posts will see that I am seeking to hold you accountable for your campaign that is thin on actual facts and heavy on unfounded accusations and fear mongering. In short, I believe that you are a fraud and you are running a fraudulent campaign. Out here only for your own self promotion and revenge against a union that you feel has done you wrong. I believe that you are out to destroy the IAM and are hoping to do so from the inside out.

You want to report me to the DOL? Go ahead, I welcome it. I am in no way against our membership. I support them everyday the best I can as is required of me in our constitution and by law. Just because I dont agree with you or buy your brand of crap does not mean I am against the membership, To say so is not only wrong, but offensive and unfounded. I speak for myself and myself alone. There isnt anyone that has encouraged me to do what I do with regard to this election. THis is just another one of your fear tactics to get those who see you for what you are to be silent so you can go on spewing your misinformation weak assumptions with no opposition or question. You preach democracy, but I dont think you really know what that word or the concept of democracy means. Silencing your opposition and sending the government after them just because they dont like you or because they see fault in your campaign is autocratic and dictatorial. And if you think we are stupid enough to buy into your brand of BS as democracy, then you have another think coming.

If you are elected I feel that you will be the greatest GL president management has ever had. Your anti-union and anti-IAM rants will fuel corporate attempts to block union votes in non union shops and you will kill this union and set the tone for other unions to die as well. If I were an employee seeking union representation, I would run as far and fast from someone like you as I possibly could.