JCBA Negotiations and updates for AA Fleet

[NYer]

i agree, yet aal got zero love from wall street, despite gifting shareholders with apprx. $10 billion in buy-backs and dividends...in 3 short years. listening to the conference calls, you could tell parker was aggravated with the analysts. he's cooled down a bit, toned it down but he still has to be shaking his head.

Wall Street isn't happy with the debt or the margins.

Wall Street and the stakeholders may not have an appetite to allow Labor costs to go significantly higher than other airlines. That dynamic creates a challenge for negotiations. If we weren't the last in the industry and at the airline, we may have been able to raise the bar much more than we could now. Other airlines are tied to long-term deals and that makes it harder to go higher since it will take longer for others to potentially catch up and equalize that expense across most airlines.

 

[Albert]

You are forgetting one thing, less than 40% at DL got PS, ready reserve did not get PS, and that same group fewer reached top out pay.

Bob comes back with the reality check. My man

 

[WeAAsles]

Blame it auto spell check

Suuurrreee, lol.

 

[WeAAsles]

Wall Street isn't happy with the debt or the margins.

Wall Street and the stakeholders may not have an appetite to allow Labor costs to go significantly higher than other airlines. That dynamic creates a challenge for negotiations. If we weren't the last in the industry and at the airline, we may have been able to raise the bar much more than we could now. Other airlines are tied to long-term deals and that makes it harder to go higher since it will take longer for others to potentially catch up and equalize that expense across most airlines.

Significantly no, of course not and it would be foolish for any of us to want that either since our jobs are the financial house our lives are built on.

But there is room for improvements and AA Pilots will not come up to bat for another two years unless they relent on their SCOPE.

http://marketrealist.com/2017/03/be...labor-costs/?utm_source=yahoo&utm_medium=feed

 

[WeAAsles]

You are forgetting one thing, less than 40% at DL got PS, ready reserve did not get PS, and that same group fewer reached top out pay.

Ready Reserve does get Profit Sharing Bob.

 

[WeAAsles]

If the IAM included a 5-year or 10-year credit to the vesting of the pension plan for those LAA Members with 20 or 30 years, it could pass. I'd take it.

.

Not going to happen. The trustees would probably be sued.

 

[Albert]

Ready Reserve does get Profit Sharing Bob.

Still they have Ready reserve. That is significant

 

[WeAAsles]

Still they have Ready reserve. That is significant

And LCC's, and Subcontractors, and worms, and viruses, and plagues, Tsunamis, Earthquakes, Roaches and pick your poison?

 

[Albert]

And LCC's, and Subcontractors, and worms, and viruses, and plagues, Tsunamis, Earthquakes, Roaches and pick your poison?

You forgot crab lice Weez crab lice

 

[AANOTOK]

"Quality Control"[/QUOTE]

And LCC's, and Subcontractors, and worms, and viruses, and plagues, Tsunamis, Earthquakes, Roaches and pick your poison?

Nice deflection.

 

[Albert]

"Quality Control"

Nice deflection.[/QUOTE]
You mean nice try at deflection. To be honest we tried RR at LUS and I could tell you it was a complete flop. I guess DL's training staff is better at brainwashing then ours. The question would be does UA have them if they do we could be screwed of course the Weez will try to put a positive spin on it

 

[WeAAsles]

Nice deflection.

You mean nice try at deflection. To be honest we tried RR at LUS and I could tell you it was a complete flop. I guess DL's training staff is better at brainwashing then ours. The question would be does UA have them if they do we could be screwed of course the Weez will try to put a positive spin on it[/QUOTE]


Among the 4 talked about Airlines only Delta has that particular abusive program in operation.

 

[Albert]

You mean nice try at deflection. To be honest we tried RR at LUS and I could tell you it was a complete flop. I guess DL's training staff is better at brainwashing then ours. The question would be does UA have them if they do we could be screwed of course the Weez will try to put a positive spin on it

Among the 4 talked about Airlines only Delta has that particular abusive program in operation.[/QUOTE]
Then we should be ok

 

[bob@las-AA]

Ready Reserve does get Profit Sharing Bob.

Mmmmmmm I don't think so weezy.

 

[WeAAsles]

Mmmmmmm I don't think so weezy.

They don't get medical benefits Bob but they do get Flight Benefits and PS based on the highly limited amount of Gross income they can earn for the year.