More Work

[goingboeing]

I'm an AMT with almost 20 years at AA. I'm at the point now I do not care if AA folds tomorrow.The management still has not made the necessary changes that demonstrate they are serious about fixing the airline.Until they show me by example that they are serious about fixing AA I don't care if their little empire collapes.
When Robert Crandall ran AA I was proud to tell people that I worked for AA.Now I do not want anyone to know that I work for a bunch of LOSERS.I guess this makes me one now,but oh well,I've got to live with the choices I've made.

 

[eolesen]

Then why do you care what labor does or does not do?

[post="249322"][/post]​

I don't care what you do with regard to who represents your interests at the bargaining table, but as much as you may hate the concept, our futures are somewhat dependent upon each others actions.

 

[Buck]

I don't care what you do with regard to who represents your interests at the bargaining table, but as much as you may hate the concept, our futures are somewhat dependent upon each others actions.

[post="249444"][/post]​

I do not hate the concept of our futures being dependent on each other, however I do hate the devastation brought upon labor because of mismanagement.

Since 1983 and maybe before, the whole subject of our future dependency on each other has resulted in every labor contract being concessionary. I cannot say how the rest of the workforce has been treated, but if it is anything like labor, the company should be in the black by the millions. Labor has change, in most instances not by choice, but by fear. Management has continued to follow the same model of to save money attack labor. Today it would appear that fuel prices not being hedged seem to have devastated the companies position, as they would have turned a profit with hedging.

Yes we are dependent on each other, just ask labor for another wage and benefit cut and the TWU will scare their members into submission.

 

[mweiss]

There's a greater dependence that you're overlooking, though I can't tell whether you're doing so intentionally.

Fundamentally, if every customer-facing employee chose to start mistreating the customers, it wouldn't matter how well management was doing. The company would still go bankrupt.

So it's exactly the opposite scenario to the one you described...which proves the codependence.

 

[Buck]

There's a greater dependence that you're overlooking, though I can't tell whether you're doing so intentionally.

Fundamentally, if every customer-facing employee chose to start mistreating the customers, it wouldn't matter how well management was doing. The company would still go bankrupt.

So it's exactly the opposite scenario to the one you described...which proves the codependence.

[post="249604"][/post]​

It would appear that you are in a position that places you in a customer - facing situation daily?

So as for codependence on one another I believe that we will never see eye to eye. You appear to have no idea of labors position, but that is a choice.

 

[TIME FOR CHANGE]

Fundamentally, if every customer-facing employee chose to start mistreating the customers, it wouldn't matter how well management was doing. The company would still go bankrupt.

The customer will go with the cheapest fare not who treats him better or worse. Wake up all ready.

Another problem is management they obviously have not been doing their job or we would not be in the position we are in. Seems to me Southwest planned ahead AMR did not and now it is all labors fault.

So if the customer doesnt like the service there is all ways value jet for that thrill ride.

 

[mweiss]

The customer will go with the cheapest fare not who treats him better or worse.

Not true. The customer will go with the best perceived value. If the airlines treat their offerings as commodities, is it any wonder their customers do the same? :huh:

Seems to me Southwest planned ahead AMR did not and now it is all labors fault.

WN got lucky. They didn't hedge because they thought fuel prices were about to double. They hedged in order to have a degree of predictability with respect to future expenses.

 

[Buck]

Not true. The customer will go with the best perceived value. If the airlines treat their offerings as commodities, is it any wonder their customers do the same? :huh:
WN got lucky. They didn't hedge because they thought fuel prices were about to double. They hedged in order to have a degree of predictability with respect to future expenses.

[post="249653"][/post]​

But they hedged!

And we did not, we sold any hedges we had.

Does that person still make decesions for this airline?

 

[local 12 proud]

But they hedged!

And we did not, we sold any hedges we had.

Does that person still make decesions for this airline?

[post="249667"][/post]​

yea he holds an MBA

 

[mweiss]

But they hedged!

So what? If fuel prices had dropped, would you still be talking about how brilliant WN was?

And we did not, we sold any hedges we had.

Not at the price paid for them, that's for sure. They just got the cash up front.

 

[Buck]

So what? If fuel prices had dropped, would you still be talking about how brilliant WN was?


Yes WN operates brilliantly especially in the eyes of labor. They pay their mechanics and give 401k matching and stock. All American can MANAGE to do is to attack labor.

Not at the price paid for them, that's for sure. They just got the cash up front.

Thats for sure they took a loss.

[post="249671"][/post]​

 

[seed]

Buck, did we have the money required to hedge fuel ?

 

[AMFAMAN]

Fuel Hedging

The above link has some interesting facts about hedging.

 

[Bob Owens]

There's a greater dependence that you're overlooking, though I can't tell whether you're doing so intentionally.

Fundamentally, if every customer-facing employee chose to start mistreating the customers, it wouldn't matter how well management was doing. The company would still go bankrupt.

So it's exactly the opposite scenario to the one you described...which proves the codependence.

[post="249604"][/post]​

While there may be a co-dependance for profitability there isnt for losses. The Employees could do everything right yet the bosses could still screw it up.

 

[mweiss]

...they took a loss [on the hedge].

[post="249675"][/post]​

How so?