JCBA Negotiations and updates for AA Fleet

[WeAAsles]

He's bet wrong in the airlines before.

You've been quoting analysts beliefs AAL would reach $60 since 2013...Hasn't happened. Why? Their revenues weren't up to industry standards and now debt is considered too high. It may pay off in the future, but we're negotiating a JCBA now and must deal with the conditions now.

Actually I thought by now it would be worth $100 a share. You said it wouldn't go above $40. Yea you were closer to the mark than I was but we were both off.

And you don't think they've already factored in the anticipated costs their going to add to our groups? C'mon. Parker and the BOD haven't been listening to Jamie Baker and his pimps since day 1. You think they're suddenly going to pull an about face cause those vultures are pissed?

So you think with all the left field surprises we've read the last few years for Labor in our industry we're going to wind up being the one holding the Halloween bag with a rock in it?

And don't give me the "What ifs" either because every day we wake up is full of what ifs.

 

[CremaDiLimone]

CEO Doug Parker told analysts that the out-of-contract raises "might surprise or even dismay some of you because it adds costs to the airline."

As of 1000 AAL has lost more than 6% of value down over $3 per share.

that's not the greatest reply to the debt situation. the pay raises angered wall street.

jamie baker/jp morgan downgraded the stock and lowered the target price due to the raises, not the debt. not a peep out of jamie when dl announced their 6% raises for april of 2017.

aal loses enough market cap where dl is worth 50% more than aa? if you believe that..

aa is under 500 million shares now. aa still has $1.5 billion left of a stock repurchase program and i'm sure they are loading up today.

 

[WeAAsles]

Changing the subject is your specialty.

Seriously STFU with your garbage. It's all part of the same subject and I've NEVER played your game of following you in conversations where you want to lead like most other sheep have.

You think and invest the way you want and I'll do it the way I want.

 

[WeAAsles]

that's not the greatest reply to the debt situation. the pay raises angered wall street.

jamie baker/jp morgan downgraded the stock and lowered the target price due to the raises, not the debt. not a peep out of jamie when dl announced their 6% raises for april of 2017.

aal loses enough market cap where dl is worth 50% more than aa? if you believe that..

aa is under 500 million shares now. aa still has $1.5 billion left of a stock repurchase program and i'm sure they are loading up today.

Exactly. They're making the Airline cheaper for future long term investors and hell if this keeps up they could even one day take it private and tell Wall Street to go suck eggs.

 

[CremaDiLimone]

here's what jamie said:

"We are troubled by [American's] wealth transfer of nearly $1 billion to its labor groups," Baker wrote in a note to clients.

haha...jamie, jamie.

jamie isn't satisfied with the $10+ billion aa has returned to shareholders in 3 years. jamie wants even more for himself and his ilk. jamie, how much has dl returned to it's shareholders in the same time period? did jamie write a note lamenting dl's generous profit sharing program? i would hope that nyer doesn't agree with him.

btw: jamie has $52 as his new price target for the 'financially distressed' aal.

 

[anotherdelay]

jp morgan is still butt sore from the bankruptcy and the way it turned out, for jp morgan. Never going to get a fair shake from anybody who represents them or scorched earth. They really took it in the shorts, worst part is they will hold the grudge forever which is unfair.

 

[CremaDiLimone]

hmm, i think jamie wants that money in thurston howell III's portfolio, not given to aa's employees.

here's an airline that has given $10+ billion back to shareholders in 3 years and jamie is still moaning and groaning.

 

[WeAAsles]

hmm, i think jamie wants that money in thurston howell III's portfolio, not given to aa's employees.

here's an airline that has given $10+ billion back to shareholders in 3 years and jamie is still moaning and groaning.

What amazes me is that it seems like we finally have a CEO and BOD that is not solely focused on trying to figure out how to reward Shareholders and put the screws to his workers and we have people in our own group who are arguing against that? WTF, SMH?

No I didn't agree with this move yesterday cause I think Parker and the BOD were strong armed into it and neither group will ever be satisfied and I think he should have finished with us first. But I'd still rather see AA workers get more of the kitty than Wall Street or the Tax man.

 

[CremaDiLimone]

jp morgan is still butt sore from the bankruptcy and the way it turned out, for jp morgan. Never going to get a fair shake from anybody who represents them or scorched earth. They really took it in the shorts, worst part is they will hold the grudge forever which is unfair.

i can't figure out why didn't jamie put a $3.57 price target on aal? jamie makes too much money and knows better than to put his target price where his mouth and typewriter are: he has a $52 price target on a stock that was $46 when he wrote his note about being 'troubled' about aal's $1 billion wealth transfer to it's employees.

dl has given some $5 billion in the last 5 years to it's employees via profit sharing...and where is jamie's note about being troubled by dl's wealth transfer to it's employees?

he is too easy to pick apart.

 

[CremaDiLimone]

Exactly. They're making the Airline cheaper for future long term investors and hell if this keeps up they could even one day take it private and tell Wall Street to go suck eggs.

well, we are currently worth 50% less than dl.

aal market cap is $21.6 Billion
dal market cap is $32.9 Billion

maybe buffett will shell out $21.6 billion and buy aal and take it private. a day like today, buffett and aa are buying, everyone else is selling.

aa is doing better than their peers with unit revenue, upped the guidance for unit revenue and said next quarter we are looking at pre-tax margins of 11%-13%. this will take 2 q 2017 earnings out of the hundred of millions into a billion.

they said that domestic traffic for the full year is 'robust' and this basic economy fare program was picked apart by forbes that claimed passengers are paying higher fares.

things look good, but jamie baker is troubled.

 

[NYer]

that's not the greatest reply to the debt situation. the pay raises angered wall street.

jamie baker/jp morgan downgraded the stock and lowered the target price due to the raises, not the debt. not a peep out of jamie when dl announced their 6% raises for april of 2017.

aal loses enough market cap where dl is worth 50% more than aa? if you believe that..

aa is under 500 million shares now. aa still has $1.5 billion left of a stock repurchase program and i'm sure they are loading up today.

The issue is that the raises, or expenses, coupled with the larger debt load has made the AAL stock lag behind their rivals. That makes the stakeholders own a less valuable asset. In moving forward, and in an attempt to raise the value of the stock they have invested in a stock buyback program. Unfortunately, that does little for the debt, and that continues to rise due to the airplane purchases and other investments.

All this mean is that our negotiations aren't a blank check and there is a higher likelihood the Company will stick to their guns to match the structure of other CBA's in the airline and the industry.

 

[NYer]

Seriously STFU with your garbage. It's all part of the same subject and I've NEVER played your game of following you in conversations where you want to lead like most other sheep have.

You think and invest the way you want and I'll do it the way I want.

Changed it again!

 

[WeAAsles]

well, we are currently worth 50% less than dl.

aal market cap is $21.6 Billion
dal market cap is $32.9 Billion

maybe buffett will shell out $21.6 billion and buy aal and take it private. a day like today, buffett and aa are buying, everyone else is selling.

aa is doing better than their peers with unit revenue, upped the guidance for unit revenue and said next quarter we are looking at pre-tax margins of 11%-13%. this will take 2 q 2017 earnings out of the hundred of millions into a billion.

they said that domestic traffic for the full year is 'robust' and this basic economy fare program was picked apart by forbes that claimed passengers are paying higher fares.

things look good, but jamie baker is troubled.

YOU have a good "grip" on the industry Crema. You're a guy people should listen to.

 

[WeAAsles]

Changed it again!

In more ways than one I'm "afraid"

 

[WeAAsles]

here's what jamie said:



haha...jamie, jamie.

jamie isn't satisfied with the $10+ billion aa has returned to shareholders in 3 years. jamie wants even more for himself and his ilk. jamie, how much has dl returned to it's shareholders in the same time period? did jamie write a note lamenting dl's generous profit sharing program? i would hope that nyer doesn't agree with him.

btw: jamie has $52 as his new price target for the 'financially distressed' aal.

Check out this comment. WOW!!!!!

"This is frustrating. Labor is being paid first...again. Shareholders get leftovers," wrote Citi analyst Kevin Crissey in a note to clients.

http://finance.yahoo.com/m/bd9f96db-f210-3645-87d1-1490106c3824/ss_american-gives-employees-pay.html