Ah your typical lawyer reflex has kicked in, cant make a valid point or a credible lie so you resort to sarcasm.
If it causes you to post coherent, thoughtful posts like the one below, it was worth it.
We are talking about AA borrowing millions of dollars to invest in JAL here. If they want to form alliances fine but dont expect us to fund them and we should certainly not support aquiring more debt thats going to be used by another carrier, even if they are part of an alliance. Debt that they will then use as a means to try lower our wage demands.
I actually agree with you; as I posted earlier, I'm not in favor of a big multi-hundred million dollar investment in JAL.
My sarcasm was aimed at your assertion that none of AA's prior moves in the past 23 years have benefitted the workers. I'm skeptical of your allegation that AA is batting .000 on that front. I'll concede that AA has made errors, but with each and every transaction? I think the purchase of TWA's London assets was a good idea, as was the huge MIA buildup. I view the TWA purchase as of January, 2001, not the hindsight view which is popular here.
Your pay is much lower than you'd like it to be. I get it - you've said it often. Your contract doesn't contain enough beneficial work rules for your taste - I get it.
How much worse off might AA's nearly 80,000 employees be if AA had not undertaken any of those transactions over the past 23 years? We'll never know, but I have a hard time believing that your lot in life would be better if none of those deals had been undertaken. I'm certain you'll disagree. I'd be disappointed if you didn't.
Of course the workers take it on the chin when expenses have to be cut, since so many people are willing to cut their price for their labor. Oil companies and airports aren't as willing to slash their rates, as you have observed. Even though WN has a thousand or so mechanics making lots more money than AA's TWU-slaves, it's not like WN is looking to hire a few thousand more mechanics at similar wages. Same thing at CO, where the mechanics make a little more money than you. Employees are always the lenders of last resort, where the company can beg and plead for concessions with a vague promise that if things get better, the company won't forget your sacrifice. As you're painfully aware, we're still waiting for a prolonged period of "things getting better." And yet, enough mechanics (and pilots and FAs) keep showing up for work everyday to accomplish most of AA's daily goals.
I don't envy Arpey's current position. AA doesn't have several hundred million dollars to spare right now. Taking on yet more debt (assuming someone would lend it at non-usurious rates) to help out JAL strikes me as a poor idea, especially since JAL is intertwined with the Japanese Transport Ministry (who might even be worse airline managers than AA's management). But if Arpey says "no" to JAL, and JAL gets funding from Delta and perhaps AF/KLM, and bolts to Skyteam from Oneworld, that would be a big blow for AA and BA.
Some decisions are easy. Rebuild terminals that will provide competitive facilities for the next 50 years? Easy. Buy new fuel-efficient airplanes like the 787? Easy. Begin the replacement of AA's antiquated information technology? Easy.
But throw away a few hundred million dollars (invest? yeah, right) in JAL in the hopes that JAL stays faithful to you? While Japanese politicians are goading JAL to leave OneWorld and join Skyteam or Star instead? That's a much more difficult decision. If Arpey says "yes" to JAL and AA is able to secure an antitrust immunity with JAL, it will be tougher to criticise. But if he says "yes" to JAL and JAL fails anyway and ends up with Skyteam, Arpey will look even more stupid than he does today.