Some ideas by the Dallas Morning News:
Here's some of what we expect to be proposed, in brief:
• The Alliance Fort Worth maintenance base will close (although probably not the TAESL engine joint venture there).
• It likely will shrink the other two bases somewhat as it outsources some maintenance work.
• The company will terminate pension plans. The company will put employees in a 401(k) plan, with a company match (up to a point).
• It will seek to outsource thousands of jobs of ground workers.
• Flying hours by pilots will go up.
• Scheduled maximum hours for flight attendants will go into the high 90s every month. The minimum number of hours to keep benefits will go up.
• Employees will pay a greater percentage of their health insurance premiums.
What we don't have a feel for:
• Will there be widespread pay cuts? Pay didn't seem to be an issue in contract talks. The company was willing to trade a little bit more pay for greater productivity. The exception was for fleet service clerks. For those, management sought either to create a new lower-paying job classification or, its preference, outsource low-skilled jobs to outside contractors.
• Does American plan near-term reductions in capacity? American has a large number of jets that it has negotiated an extension in time (beyond last Friday) to make a decision to keep or give back. Its ability to negotiate really deep reductions in lease rates or loan costs could affect its decision to ground or fly many of those airplanes.
• What are the plans for American Eagle? How big will it be? What airplanes will it fly? What are the plans to spin it off post-bankruptcy?
http://aviationblog.dallasnews.com/archives/2012/01/what-we-think-american-airline.html
Here's some of what we expect to be proposed, in brief:
• The Alliance Fort Worth maintenance base will close (although probably not the TAESL engine joint venture there).
• It likely will shrink the other two bases somewhat as it outsources some maintenance work.
• The company will terminate pension plans. The company will put employees in a 401(k) plan, with a company match (up to a point).
• It will seek to outsource thousands of jobs of ground workers.
• Flying hours by pilots will go up.
• Scheduled maximum hours for flight attendants will go into the high 90s every month. The minimum number of hours to keep benefits will go up.
• Employees will pay a greater percentage of their health insurance premiums.
What we don't have a feel for:
• Will there be widespread pay cuts? Pay didn't seem to be an issue in contract talks. The company was willing to trade a little bit more pay for greater productivity. The exception was for fleet service clerks. For those, management sought either to create a new lower-paying job classification or, its preference, outsource low-skilled jobs to outside contractors.
• Does American plan near-term reductions in capacity? American has a large number of jets that it has negotiated an extension in time (beyond last Friday) to make a decision to keep or give back. Its ability to negotiate really deep reductions in lease rates or loan costs could affect its decision to ground or fly many of those airplanes.
• What are the plans for American Eagle? How big will it be? What airplanes will it fly? What are the plans to spin it off post-bankruptcy?
http://aviationblog.dallasnews.com/archives/2012/01/what-we-think-american-airline.html
