Official: AMR Bankrupt

[Super FLUF]

Sounds good, up to the point they start deadheading $30,000/yr. pilots in from China, India, Central/South America for 2-3 month "shifts". They will do the same for mechanics as well. Offer them pennies on the dollar and "company provided housing" while they are here.

Someone please write on here that "this will never happen" so I can print it out and have it framed for when we are all watching the foreign scabs cross our picket line.

Globalization is working out so well for all of us.

 

[chris perry]

Same goes for executives ,engineers,accountants,doctors, lawyers who's next? This country is screwed...

 

[TWU informer]

WHY I WANT TO BE A PILOT

When I grow up I want to be a pilot because it's a fun job and easy to do. That's why there are so many pilots flying around these days.

Pilots don't need much school. They just have to learn to read numbers so they can read their instruments.

I guess they should be able to read a road map, too.

Pilots should be brave to they won't get scared if it's foggy and they can't see, or if a wing or motor falls off.

Pilots have to have good eyes to see through the clouds, and they can't be afraid of thunder or lightning because they are much closer to them than we are.

The salary pilots make is another thing I like. They make more money than they know what to do with. This is because most people think that flying a plane is dangerous, except pilots don't because they know how easy it is.

I hope I don't get airsick because I get carsick and if I get airsick, I couldn't be a pilot and then I would have to be a mechanic.

 

[Bob Owens]

Sounds good, up to the point they start deadheading $30,000/yr. pilots in from China, India, Central/South America for 2-3 month "shifts". They will do the same for mechanics as well. Offer them pennies on the dollar and "company provided housing" while they are here.

Someone please write on here that "this will never happen" so I can print it out and have it framed for when we are all watching the foreign scabs cross our picket line.

Globalization is working out so well for all of us.

Possible, but not likely, if it was that easy then why didn't Spirit do it last year?

 

[TIME FOR CHANGE]

http://www.msnbc.msn.com/id/21134540/vp/45485569#45485569

 

[Super FLUF]

Possible, but not likely, if it was that easy then why didn't Spirit do it last year?

It's not happening....yet.

If the shortages you are mentioning actually DO materialize, just wait and see. The executives will be running to their bought and paid for congressmen and senators telling them why they "need" to import foreign workers.

 

[WorldTraveler]

It's not happening....yet.

If the shortages you are mentioning actually DO materialize, just wait and see. The executives will be running to their bought and paid for congressmen and senators telling them why they "need" to import foreign workers.

this all still hinges on the same number of airlines and flights existing as do today... and both numbers will likely be further reduced. Thus, the labor "shortage" might not occur at all if the number of airlines and flights diminishes a great deal. When you start pulling out a bunch of RJs that are no longer economically viable, you have a lot of airline employees looking for work.

 

[jimntx]

Actually, I'm more afraid that they will go to their bought and paid for Congressmen and get the laws prohibiting foreign ownership changed.

 

[TWU informer]

Dear Brothers and Sisters,

Today, The U.S. Bankruptcy Trustee made the right call as we have earned a seat on the creditors’ committee as the company goes through a Chapter 11 restructuring.

Thirty thousand TWU members are critical to the current and future operations of American Airlines and American Eagle. AMR, the parent company of both airlines, has substantial short-term and long-term obligations to TWU members.

While we strongly believe that a company with $4 billion dollars in the bank had other options besides a bankruptcy filing, we’re going to deal with the facts on the ground. We’re going to do our job as a union, to fight like hell so that front line workers don’t pay an unfair price for management’s failings.

We also recognize our responsibility as members of the creditors’ committee to balance the needs of all unsecured creditors. “Balance” means that no one group – certainly not hard-working employees who have already made voluntary concessions – should have to meet an unfair share of the costs of AMR management’s decision to file for bankruptcy.

This will be a long and difficult process. Our goal is to see American and American Eagle emerge as successful carriers, with a competitive cost structure that provides fair treatment of retirees and fair compensation for the active workers who keep planes in the air, on time, providing safe travel for millions of passengers.


In Solidarity,

James C. Little

International President

 

[odie01]

Dear Brothers and Sisters,

Today, The U.S. Bankruptcy Trustee made the right call as we have earned a seat on the creditors’ committee as the company goes through a Chapter 11 restructuring.

Thirty thousand TWU members are critical to the current and future operations of American Airlines and American Eagle. AMR, the parent company of both airlines, has substantial short-term and long-term obligations to TWU members.

While we strongly believe that a company with $4 billion dollars in the bank had other options besides a bankruptcy filing, we’re going to deal with the facts on the ground. We’re going to do our job as a union, to fight like hell so that front line workers don’t pay an unfair price for management’s failings.

We also recognize our responsibility as members of the creditors’ committee to balance the needs of all unsecured creditors. “Balance” means that no one group – certainly not hard-working employees who have already made voluntary concessions – should have to meet an unfair share of the costs of AMR management’s decision to file for bankruptcy.

This will be a long and difficult process. Our goal is to see American and American Eagle emerge as successful carriers, with a competitive cost structure that provides fair treatment of retirees and fair compensation for the active workers who keep planes in the air, on time, providing safe travel for millions of passengers.


In Solidarity,

James C. Little

International President

Go get'em Rock !!

 

[FWAAA]

While we strongly believe that a company with $4 billion dollars in the bank had other options besides a bankruptcy filing, we’re going to deal with the facts on the ground. We’re going to do our job as a union, to fight like hell so that front line workers don’t pay an unfair price for management’s failings.

Earth to James Little . . .

I suspected that he wasn't very smart, but reading this tripe confirms it. It wouldn't matter if AA had $25 billion in cash in the bank if it was all borrowed (as all AA cash has been for over 10 years).

Companies don't have to be cash-poor to file a Ch 11 petition, and smart, well-mangaged companies file well before they're low on cash, especially when no unencumbered assets remain to secure DIP financing.

 

[Frank Szabo]

Earth to James Little . . .

I suspected that he wasn't very smart, but reading this tripe confirms it. It wouldn't matter if AA had $25 billion in cash in the bank if it was all borrowed (as all AA cash has been for over 10 years).

Companies don't have to be cash-poor to file a Ch 11 petition, and smart, well-mangaged companies file well before they're low on cash, especially when no unencumbered assets remain to secure DIP financing.

It's all a canine and equestrian cluster for the entertainment of the masses. He and his lovelies are out to maximize employment numbers for dues collection purposes rather than ensuring AA is a place to work with a future.

 

[ULM148]

What if via Bankruptcy AA merged with American Eagle, seniority list merged, and then the new Pilot pay scale was negotiated and AA took over the regional flights?

I know the Boyd group thinks AMR is not going to spin off Eagle now and that the plan is to reject leases on many RJ’s. So what if they merge the two and AA and APA take over the regional flying with a new pay scale?

This would eliminate the long standing feud between APA and ALPA and AMR could rid itself of the double management that it takes to fly two airlines. This would ease the scope clause issues and save tons of hard feelings and double cost.

This is more a probability than not. No ALPA rep's in BK, that cant be good. Eagle will no longer exist as it once was. AA will change, yes, but will be a strong stand alone airline when this is over. We shall see....

 

[TWU informer]

This is more a probability than not. No ALPA rep's in BK, that cant be good. Eagle will no longer exist as it once was. AA will change, yes, but will be a strong stand alone airline when this is over. We shall see....

Exactly and the redundant employment will allow for headcount cuts.
AMR is going to shed massive headcount and James C. Little isnt going to stop it.

 

[Hopeful]

Exactly and the redundant employment will allow for headcount cuts.
AMR is going to shed massive headcount and James C. Little isnt going to stop it.

The million dollar question is what will Little & Co. do to save OH? Whether they spin off the base and create an MRO-cost based facility or begin to outsource all heavy checks, the TWU has to change the game plan.
One would expect the TWU to have ALL the line stations sacrifice to save the base. NOT THIS TIME, JIMBO! But now with Horton's distaste for OH, they have to get real creative in negotiations if they wish not to lose OH.