AA depleting $$$$$

[Bob Owens]

They need to invest in new aircraft to a.) remain competitive and b.) get rid of those mad-dogs that consume too much fuel. SO, in the long run that's a savings.

They need to keep their product fresh and competitive. Especially if it will pay for itself in a given period of time (which I'm sure they've crunched the numbers to figure this out).

Thats all fine and good but if you dont invest in the people who provide the service the customer will likely be dissapointed.

I'd like to go for Solar Panels because over the long run they would save me money and help the enviornment but I dont have the money to do that. I dont even have enough to keep the house I want to put them on. At AA they are putting wingletts on airplanes and buying more fuel efficient aircraft which is all well and good but not a valid excuse as to why I should be willing to pay for it by going another two years without an increase.

 

[Hopeful]

Amazing how PHL's post makes no mention of investing AMR investing in it'd people....

I guess we're all jut lucky to have jobs and take whatever the company shoves down our throats while the executives get ready for their PUP paychecks.

 

[BoeingBoy]

Amazing how PHL's post makes no mention of investing AMR investing in it'd people....

Possibly because PHL was just replying to this:

Could someone with more knowlege explain to me why AA is investing in new airplanes, adding wireless to aircraft and expanding and renovating the LHR Admirals Club when we are supposedly on the road to bankruptcy as some have said on here. It just doesn't make sense.

and not trying to write a treatise on all that's wrong with corporate america today.

Jim

 

[FrequentFlierCA]

Here are my thoughts, in order:

New planes: better fuel efficiency (oil won't always be below $50) and some of those MD80s are nearing the end of the lifespan.

Wifi in flight: this will be a revenue source in addition to driving traffic to AA (most likely J and F traffic)

LHR AC: the clubs need to stay competitive with their peers. If BA's Terraces Lounge is so much better, I might fly BA next time. And since right now there is no ATI for AA/BA, AA doesn't see any of that revenue like UA does with LH.

Bottom line is that they are bleeding cash but some things are necessities and justify cash expenditure. Raises for the employee groups are certainly necessary, but the expenditure is big enough where it would break the bank, whereas renovating the LHR AC does not.

 

[FrequentFlierCA]

They do! Just ask the PUP happy executives.

PUP payouts don't drain cash. They are 100% equity.

 

[Ralph]

Two threads, same topic have been merged. Please do not start duplicate threads. Thank you.

 

[Hopeful]

PUP payouts don't drain cash. They are 100% equity.

Ok.......How about all employees receive thousands of shares each of stock...after all it doesn't drain cash.....

And I mean thousands of shares each, not a handful

 

[FWAAA]

Ok.......How about all employees receive thousands of shares each of stock...after all it doesn't drain cash.....

And I mean thousands of shares each, not a handful

I've posted numerous times that your worthless union leaders (and the APA and APFA) should have never granted the 2003 concessions without a much larger stake in the company. UAL pilots and mechanics got 55% of the equity in exchange for their concessions in the Nineties; AA pilots, FAs, mechanics, ramp and agents got only 19% of AMR equity in the 2003 concessions.

Force your representatives to negotiate for a larger share of the pie, and ye shall receive.

You only get what you negotiate; too bad your leaders are so impotent.

 

[Hopeful]

They gave me 449 shares for $120,000 in paycut....

How much more generous do you think they'd be?

 

[FWAAA]

Hire competent negotiators (maybe a new union) and find out.

 

[Hopeful]

Hire competent negotiators (maybe a new union) and find out.

Any company that needs $.15 an hour longevity pay from tells me all I need to know....that no matter who is negotiating for me.....they could care less about employees unless they're one of the top few hundred suits.

 

[JFK Fleet Service]

How about them literally taking the shirts off of our backs?