9/11 happened over 18 months ago. How come AMRs'' 1Q is worse than the one that followed 9/11. Carty has said that they have cut costs by nearly $2 Billion. If that is so why are losses getting bigger not smaller. The answer is bad management. Carty and his gang of 40+ VPs, good old boys, must go. Carty has no idea how to run an airline in this environment. What real changes has he made in the last year or so. None I can see. Just cut backs, but no new business plan. What has he done to improve labor relations? He has no respect for the Unions and wants to use them as an excuse for his poor management. Carty has done everything to protect his and his buddies butts when AMR goes into bankruptcy. Saying that he is sorry that he got caught is just wrong.
Nothing has change at HQ. They all have their club memberships, the limos, the bumping of rev passengers, golden parachutes, and a pension plan that will be protected in bankruptcy. Are the Union members pensions protected? No. Carty has said that the Pilots pension is one of the first things he would look at in bankruptcy court. Look at USAirs pension plan today.
The only thing that will save AMR is new Management, not just new contracts.
Nothing has change at HQ. They all have their club memberships, the limos, the bumping of rev passengers, golden parachutes, and a pension plan that will be protected in bankruptcy. Are the Union members pensions protected? No. Carty has said that the Pilots pension is one of the first things he would look at in bankruptcy court. Look at USAirs pension plan today.
The only thing that will save AMR is new Management, not just new contracts.