Parker says no requirements to have seperate contracts?

[Charlie_Tuna]

Parker said nothing requires that the two airlines have a single contract. He noted that Delta and Northwest are reducing their labor costs in bankruptcy court. Meanwhile, AMR (AMR:NYSE - commentary - research - Cramer's Take) unit American Airlines "is saying they need to go back to their employees and get their costs down," he said. "In an environment where everybody else is going through concessionary contracts, to suggest it's time to increase our pay is difficult."

Parker says so

 

[Crzipilot]

Listen to the double speak that's been going on, and even what he stated on the webcast. He said, No I'm not asking for a concessionary contract, but pilot costs must remain the same. Hmmmm.....so if AWA are higher paid than US.....but US has some better things in their contract, or whichever. He's basically saying, take the total cost of the two groups, and we can't go up. So in essence it has to be concesionary in some aspect to get to that level....the better parts of both contracts (whatever parts are left on the East side after BK) must be steamrolled over to make it work. Ahhhhh but management can get their bonuses and raises, we must take the cut to pay for that....

 

[allunionsdeceive]

Parker said nothing requires that the two airlines have a single contract. He noted that Delta and Northwest are reducing their labor costs in bankruptcy court. Meanwhile, AMR (AMR:NYSE - commentary - research - Cramer's Take) unit American Airlines "is saying they need to go back to their employees and get their costs down," he said. "In an environment where everybody else is going through concessionary contracts, to suggest it's time to increase our pay is difficult."

Parker says so

So Pilots, dispatches and flight attendents beware.

 

[700UW]

ALPA and the other unions that have not done so needs to file for Single Carrier Status, that will show Dougie about one bargaining unit one contract.

Seems Dougie must be taking lessons from Everett Hemenway.

 

[allunionsdeceive]

Listen to the double speak that's been going on, and even what he stated on the webcast. He said, No I'm not asking for a concessionary contract, but pilot costs must remain the same. Hmmmm.....so if AWA are higher paid than US.....but US has some better things in their contract, or whichever. He's basically saying, take the total cost of the two groups, and we can't go up. So in essence it has to be concesionary in some aspect to get to that level....the better parts of both contracts (whatever parts are left on the East side after BK) must be steamrolled over to make it work. Ahhhhh but management can get their bonuses and raises, we must take the cut to pay for that....

You can work it out. You have to pick what is most important and go from that.

First tell JR not to make the pilot group put in the most tto the turn around that will alienate it self from the other work groups. This will not help your cause.

 

[jec9]

Oh, but the season of concessionary contracts, has come to an end.

Consider:
Judge Denies Mesaba Airline’s Motion To Reject Flight Attendant Contract http://www.unitedafa.com/res/pr/details.asp?ReleaseID=220
Comair, attendants back in talks http://news.enquirer.com/apps/pbcs.dll/art...ate=printpicart
Judge Won't Allow Comair To Void Contract With FA's http://www.aero-news.net/index.cfm?Content...12-611aaebbe27e

 

[PITbull]

So Pilots, dispatches and flight attendents beware.

Dougie is not what you on the West think he is. He is not a seasoned CEO and his lack of experience with labor and employees is evident, specifically because he has hired anti-labor consultants Ford and Harrison, Jerry Glass and co.

His concern is focused on the stock price for himself and the stakeholders along with his key execs...and that's about it.

He's your "run of the mill" young Corporate exec type that has no regard for labor other than to ensure you show up for work and make them rich. He's already spinning the rethorhic. He may just run the labor operation separately. This will not be morale building, but rather create divisive employee groups.

There will be no balance, and this is why I don't see this company succeeding long term.

 

[BoeingBoy]

Parker said nothing requires that the two airlines have a single contract.

Technically, he's right. I'm certainly no lawyer, but there's no reason that we can't continue to operate indefinitely as separate airlines - other than the "synergies", that is.

Of course, the company claims that they can just impose the East contract on the pilots (don't know if they've said that about other groups). That could get real interesting.

Jim

 

[700UW]

He has said that to other groups.

 

[Charlie_Tuna]

Something reeks and things may not be a rosy as they seem. I wouldn't be buying in LCC stock now.

 

[jcw]

There is no reason to pick a fight. The best thing to do is to work together. One quarter of profits is not a turn around and if I was pushing for anything I would be pushing for profit sharing bonus scheme that equals the execs.

 

[PITbull]

My opinion is that the unions should have "trigger snap backs" on wages when the co. profits over a certain million amount. What's really bad and the unions should put in the media is that most of the Execs received bonuses and stock options and increases in salary when the company emerged from BK.

This is just not right.

 

[traderjake]

Dougie is not what you on the West think he is. He is not a seasoned CEO and his lack of experience with labor and employees is evident, specifically because he has hired anti-labor consultants Ford and Harrison, Jerry Glass and co.

If the Dalia Lama were CEO you'd be singing the song.

"He's out to screw us, he won't give us want we want".

It's arrogant of you to tell AWA employees you know Doug better than they do.

 

[flyingcat]

Technically, he's right. I'm certainly no lawyer, but there's no reason that we can't continue to operate indefinitely as separate airlines - other than the "synergies", that is.

Of course, the company claims that they can just impose the East contract on the pilots (don't know if they've said that about other groups). That could get real interesting.

Jim

The claim is a legal and vaild. However I think even they know that it will probably end up in the supreme court if they tried to use it. Think of it as a nuclear option. No one is crazy enough to use it. At least they are disclosing it.

Personally I have never believed in blanket raises based on situations which can rapidly change and on assumption after only one quarter of profit. Look at the 90s everybody was spending dot com money like it would last forever.

Here is something to think about. How about a sliding pay scale based on company performance. Reducing in tough times while increasing based on posed profits. We should not set ourselves up for disapoointment by asking for huge raises for a uncertain future. Things can happen and we can end up killing the golden goose if we get too greedy. however if times are good then yes we should get rewarded.

But fuel is still high and nothing is for certain. The profit was good but as a percentage of revenue it is pathetic but its the best so far that the industry other than WN has accomplished.

 

[BoeingBoy]

There is no reason to pick a fight.

I think most don't want a fight. But when Parker says "put the contracts together without raising costs" that means concessions for employees, probably spread between both sides.

Jim