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American Airlines and Labor Negotiations

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Many keep saying how bad the plan is here but I have yet to find anyone give me concrete proof that the fund is in any protected long term trouble currently?

Even though I don’t believe ultimately it will be offered to me anyway I just hate when people profess something and they don’t provide any proof to back up their comments.

Dave--

Any Plan Participant can log on to IAMNPF.org and access all kinds of substantive info. There are other reports available on request. No one here has to take my word for it if they don't want to.

Look, this plan needs AA workers to stay in it. To lose them means a very real risk of future benefit cuts (much like we saw when NW left the Plan).

Again, everyone Participant has access to these, and I would highly encourage people to do so. After all, it's their future.
 
The "company wants out" ? LOL!!

-- Dude, did you inform Charlie Brown of that in your phone call? Did you assert the company's desires along with those of your own? I'm sure they will base all future negotiations on what you, and the "company" want!

News Flash-- The company wants "out" of more than just the pension. They want out of healthcare, job protection, the Railway Labor Act, and entire departments that are currently protected by scope language.
Actually yes i did. Told him we have no interest in the iam plan. Also informed him of the P.R. problem the iam has in the association and the feelings on the floor. To br honest he had some insightful information on sitos butler.
 
Dave--

Any Plan Participant can log on to IAMNPF.org and access all kinds of substantive info. There are other reports available on request. No one here has to take my word for it if they don't want to.

That’s the thing. LAA people aren’t plan participants and can’t view all the items on that page without the access code.

So I’m looking for someone to post the report that states the fund is “projected critical” like TN keeps trying to sell?


Look, this plan needs AA workers to stay in it. To lose them means a very real risk of future benefit cuts (much like we saw when NW left the Plan).

I suppose you mean LUS workers? Yes of course losing participants continuing in the fund does create a hardship even if they would be frozen upon departure.

But I think any narrative of LAA joining the plan at this point “could” be nothing more than a Red Herring as the leanings seem to be more towards a 401k contribution/match?

The 5/4 contribution/match is just a little skimpy for the LUS side to exchange their IAMPF guaranteed contributions from the Company though. (See many P. Rez explanations on that)

Again, everyone Participant has access to these, and I would highly encourage people to do so. After all, it's their future.

People should always monitor any and all of their financial accounts and investments.
 
If the iam pension is forced thats a no vote. Fortunately the company wants out of it, so chance of it being an option are slim to none. I have no desire to cement the association

If the Company wants out of it or doesn’t want to include us (LAA) into the fund, I’d certainly need to be asking myself why?

I think if you guys read more of P. Rez math at least financially you could see why the Company wants to push for a 401k program for all over the set contribution the IAMPF provides to those in it.

The IAMPF is not going to be “forced” on any TWU Members. No one I know has any interest in that despite the Association agreement that uses the phrase I believe “push for” inclusion. Remember the TWU is obligated though to push for IAM members to keep what they have.

Question?
One day when you leave AA are you really going to care who is the Representation for anyone still working or are you only going to care that your Retirement checks are deposited on time and the amounts are correct?
 
personally, yes i would like to retire and leave the future of maintenance in a maintenance organization that represents themselves. i know you say we have representatives, but our current representatives are very good with blowing with the wind. ive known them for over 25 years they sued them to become them. and yes that check is important, since you brag about it all the time we too have planned for the future and will retire very comfortably.
if your comfortable trysting what the twu puts in writing , good for you!
again personally i have seen and experienced too many times in writing being told that dont count.
 
personally, yes i would like to retire and leave the future of maintenance in a maintenance organization that represents themselves. i know you say we have representatives, but our current representatives are very good with blowing with the wind. ive known them for over 25 years they sued them to become them. and yes that check is important, since you brag about it all the time we too have planned for the future and will retire very comfortably.

if your comfortable trysting what the twu puts in writing , good for you!
again personally i have seen and experienced too many times in writing being told that dont count.

I’ll never understand the philosophy of isolating yourself that “some” of you guys subscribe to? Even the Airlines belong to a Union in Airlines for America or A4A. And yes you can mention our AA Pilots and FA’s but they have fostered relationships with the other groups on property and their formation was in a different and more simple time.

Honestly gen the only example for AMT’s and related that the NMB has forced to be included has not shown itself to be a rousing success. If it had I could absolutely see your desire to join that team.

And it’s not about trusting what TWU Gary Peterson, Mike Mays or Andre Sutton put in writing more so that when they do put something in writing and don’t live up to it I can slam them. I just don’t chose to do that publicly when I can use a phone instead where the Company can’t gleefully enjoy.

BTW I underestimated you when you actually did call CB. Kudos.
 
All of the airlines are seeing strong demand right now thanks to the robust economy and a very healthy corporate travel market. American did not disclose how many fewer frequent flyers are likely to hit the higher benchmark for Executive Platinum status.

"This move shows the airlines continue to see healthy demand," said Susan Donofrio, airline analyst with Macquarie Group. "We are seeing no softness in ticket prices and all seats on a plane now have greater value."


https://www.cnbc.com/2018/11/05/ame...|finance|headline|story|&par=yahoo&yptr=yahoo
 
Exactly! I’m not sure why some people on here find that so off-putting.

Don’t know who particularly you’ve been reading on here who find that off putting?

But you should one day learn to accept that your investment choices might not be the same choices others wish to make. Maybe one day when you’re a very old fart your choices will pay off in comparison to the others you badgered to take your advice? Maybe they won’t?

Retirement investments are all gambles. In gambling there’s always going to be winners and losers. The winners feeding off the losers.
 
I’ll never understand the philosophy of isolating yourself that “some” of you guys subscribe to? Even the Airlines belong to a Union in Airlines for America or A4A. And yes you can mention our AA Pilots and FA’s but they have fostered relationships with the other groups on property and their formation was in a different and more simple time.

Honestly gen the only example for AMT’s and related that the NMB has forced to be included has not shown itself to be a rousing success. If it had I could absolutely see your desire to join that team.

And it’s not about trusting what TWU Gary Peterson, Mike Mays or Andre Sutton put in writing more so that when they do put something in writing and don’t live up to it I can slam them. I just don’t chose to do that publicly when I can use a phone instead where the Company can’t gleefully enjoy.

BTW I underestimated you when you actually did call CB. Kudos.
When you sit behind the computer banging away, and someone calls you out that is in the know they deserve the courtesy of a response. When im wrong i have no problem admitting it. In this case i dont beleive i am
 
Bring this thing to a vote already if its so bad the guys will vote it down! GP screwed us into such a hole. Its time to demand the union to get this thing done for US! Not the future! You are costing us money and security. Read the scope on jetnet!
 
When you sit behind the computer banging away, and someone calls you out that is in the know they deserve the courtesy of a response. When im wrong i have no problem admitting it. In this case i dont beleive i am
Let's analyze your guys situation and,SWA independent union , vs industrial unions. At SWA except the pilots we,all have the same insurance and same 401k . In fact the industrial unions got the bigger,match, we had to buy an Airline to get a match the other groups did. It was part of our seniority integration agreement. At American if you guys ever got an independent union, you would still have two separate contracts for the new independent union would inherit. So it would still be in mediation trying to get a JCBA.
 
When you sit behind the computer banging away, and someone calls you out that is in the know they deserve the courtesy of a response. When im wrong i have no problem admitting it. In this case i dont beleive i am

Too many little keyboard cowards calling people out on this Forum and not having the guts you did to make that call so like I said, I underestimated you.
 
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