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Discussion in 'American Airlines' started by Eagle, Dec 31, 2019.
Woo hoo! 1.4% profit sharing!!
No TA today - per Doug Parker on the 4th quarter call today. All he said was sometime this year a TA would be in place.
Wow, that's about how much extra effort I plan on giving to this turd circus.
Never mind I'm full of it. That's more along the lines of total effort I plan to give period. Barely enough to keep me employed.
Im not sure thats what he said. I didnt listen to the call or whatever but i dont think he is going to pre-empt and disrespect the process. Him saying sometime this year doesnt exclude today. Stay tuned.
Delta get 16.6 profit-sharing and we’re getting 1.4. That must be one hell of a raise we’re getting to be deltas total compensation.
Doug is a liar, Tim's a fantasizer and we are all suckers...
must have been all those new AMTs they hired watered down the final tally..i know we earned more in 2019 than 2018.
according to aa, in 2019 - it spent $12.6 billion on wages/benefits and profit sharing.
according to delta, in 2019 - it spent $11.255 billion on salaries/benefits and $1.643 billion on profit sharing.
despite having 35,000+ less employees, delta spent $300 million more on it's employees than aa did.
the spin is on...keep me in the captain's seat because we will have more free cash for shareholders and we will deleverage by $8-$10 billion in next 5 years.
great. you've turned the 2nd most profitable airline into a 3 way dogfight between us, united and southwest.
take care of your employees, go after the premium pax and cut envoy/eagle as much as you can.
While this is all true, the issue with AA is how much leveraged debt it has. If they spent more on PS and such it would put the company in a precarious position and put many jobs at risk.
I understand we all want a better PS but for now we need to get rid of Parker and his people or they are going to bankrupt this company again
Southwest earnings were down 21 percent blamed on the 737 Max issue.
Use this time to buy stock. Then dump it after the ta is announced.
When do you think the announcement will be ? DFW town hall meeting today?
Ahhhh, the back pedaling starts. This IS the very first time you ever said "or shortly after". And now this IS the first time you said "Most likely" Speaks volumes...
And I hope this is what happens. If that is what the mechs and related want. New contract would mean it would be good enough to accept now and then fire them and bring in AMFA to represent for the future. That's exactly what we did when we fired the teamsters and AMFA came in, inherited the teamsters contract, (the one that allowed outsourcing internationally wide open under teamster language) and they started working on amending that open loop hole with restrictions agreed to, then AMFA, of course was blamed for the international outsourcing when it was the teamsters language inherited by AMFA. So watch out for AMFA to get blamed for what the asso. nego's at a later date once AMFA has "inherited" the asso's contract. Just an FYI...
Key word here is "Supposedly"
No time, T/A today, right!?!?