American Airlines' Response

[Bob Owens]

Could it be that, DP just entered from the back door to work his way around the September exclusivity. He has now taken a giant step by getting labor on board. He can now take this to the creditors, if they sign on, would this not force Horton to follow along, despite his objections. Keeping in mind that the exclusivity clause is still in place, they close out the BK in August or early September. Boom, merger set, no competeing bids. Does this make sense, is this how DP is approaching it?

I was under the assumption that the DP approach involved both the back and front door at the same time.

 

[etops1]

It seems as if Horton released a letter to employees today basically telling them that no matter what happens he will still screw them out of their contracts .

 

[TWU informer]

It seems as if Horton released a letter to employees today basically telling them that no matter what happens he will still screw them out of their contracts .

And for the first time in 28 years, after reading a special jetwire, I actually felt like telling "the man" to shove it.

All the Special Jetwire did was make me want USAir to move more quickly and succeed!

 

[etops1]

And for the first time in 28 years, after reading a special jetwire, I actually felt like telling "the man" to shove it.

All the Special Jetwire did was make me want USAir to move more quickly and succeed!

And they will .

 

[AANOTOK]

And for the first time in 28 years, after reading a special jetwire, I actually felt like telling "the man" to shove it.

All the Special Jetwire did was make me want USAir to move more quickly and succeed!

Yep, I try and usually don't take things personal, but that jetwire, I took very personal.

I'm thinking Horton, you may win the battle, but the war is on...and it starts today!!

 

[BoeingBoy]

There's an old saying that often rings true - be careful what you wish for because you may get it.

US has had a number of different management teams, each greeted as though they walked on water. Scofield came up through the ranks and knew US inside and out, Wolf was going to make US a world class airline, "Just call me Dave" Siegel wanted to really run an airline and had experience, Lakefield had all his money connections, and then Parker wanted to really run a big airline. However, in all those cases the honeymoon was soon over and each was then considered the scum of the earth.

There's another old saying that is also true - if a deal sounds to good to be true it probably is. AA has a cost problem, that's undeniable. While what AA wants may be more than it needs to be competitive, increasing it's already high costs is a recipe for another bankruptcy.

I guess the morale is that the more things change the more they stay the same. Every CEO looks out for his interests first and foremost - there's very few Bethune's or Kellerher's out there and Parker certainly isn't one. Just be careful following the Pied Piper - short term gains are no substitute for long term security - if the worst happens down the road, Parker or any other CEO and their team will leave with their millions without a thought for the employees left holding the bag.

Jim

 

[signals]

Horton has continually stated he would like to emerge independent but is open to a merger AFTER bankruptcy.

Oh-oh, Horton is starting to sound like Dumb Parker. Parker has stated that USeless Traiways can merge or stand alone.

It might just be a smoke screen and can go either way.

But until the judge rules, everything is speculation. Just like the USholes ASS-U-ME, that they are it, if there is a merger. That Phoenix sun must really fry the sandfleas brains

 

[amtide]

Everywhere I travel, I hear loud and clear the conviction that it is time to return our company to the top. Our people are the best in the industry and, now, more than ever, we all need to remember that. I am focused on moving us through this process as quickly as possible so we can build a new American Airlines together.


I wonder if Mr Horton has selective hearing. Where he been? At work a very high percentage of the employees are not happy with the company proposals because they are not fair. We all want AA to be successful but the backbone to the strategy can not be at the employees expense. We gave the company big concessions in 2003 and management was not effective in restoring the airline back to profitability, will they do it this time or the third time? Sorry, but no confidence.

 

[dash8roa]

There's an old saying that often rings true - be careful what you wish for because you may get it.

US has had a number of different management teams, each greeted as though they walked on water. Scofield came up through the ranks and knew US inside and out, Wolf was going to make US a world class airline, "Just call me Dave" Siegel wanted to really run an airline and had experience, Lakefield had all his money connections, and then Parker wanted to really run a big airline. However, in all those cases the honeymoon was soon over and each was then considered the scum of the earth.

There's another old saying that is also true - if a deal sounds to good to be true it probably is. AA has a cost problem, that's undeniable. While what AA wants may be more than it needs to be competitive, increasing it's already high costs is a recipe for another bankruptcy.

I guess the morale is that the more things change the more they stay the same. Every CEO looks out for his interests first and foremost - there's very few Bethune's or Kellerher's out there and Parker certainly isn't one. Just be careful following the Pied Piper - short term gains are no substitute for long term security - if the worst happens down the road, Parker or any other CEO and their team will leave with their millions without a thought for the employees left holding the bag.

Jim

I was at airways during the seigel era and he did not have any idea of what he was doing.Two chapter 11's in about two years shows how much he understood the airline business.We were all made to watch a video on ethics and seigel told all the employees he was in it for the long haul. He bailed a few days before his 4.5 million severance package was about to expire. It amazes me how the rank and file believe any new face that comes along with what ever hype they churn out.
Just like a politician who will say anything and promise anything just to get elected,like, "change you can believe in" or "1000 points of light: or "contract with america" and others but I don't want to give my age away.
Airways pay scales are low and all legacy carriers have reduced wages and benefits,its just the new normal. I don't claim to know any more than anybody else,but I am always leery of someone who promises something when the future is unknown and even the present is sketchy. Fuel costs,the economy,terrorism,are all factors that can change in an instant.

I wish the best for all the workers,AA and US.

 

[eolesen]

dupe

 

[eolesen]

Add me to the "if it sounds too good to be true, it probably is" list.

I'll give US credit for having gotten a lot of support, but at the end of the day, who is going to finance the deal? There's a lot of assumptions on what the other six UCC constituencies have to say, but so far, nothing public that I'm aware of.

Someone I spoke to last week also brought up what I thought could be the next step in escalation: AA filing a lawsuit against US for tortious interference. Maybe Veritas or FWAAA could comment on that possibility....

 

[BoeingBoy]

Someone I spoke to last week also brought up what I thought could be the next step in escalation: AA filing a lawsuit against US for tortious interference. Maybe Veritas or FWAAA could comment on that possibility....

I've wondered pretty much the same thing - how far can Parker go without interfering with the exclusivity period AA has and has he already gone too far? I'd be interested in a knowledgeable answer as well.

Jim

 

[etops1]

I've wondered pretty much the same thing - how far can Parker go without interfering with the exclusivity period AA has and has he already gone too far? I'd be interested in a knowledgeable answer as well.

Jim

I will try to find out .

 

[767one]

There's an old saying that often rings true - be careful what you wish for because you may get it.

US has had a number of different management teams, each greeted as though they walked on water. Scofield came up through the ranks and knew US inside and out, Wolf was going to make US a world class airline, "Just call me Dave" Siegel wanted to really run an airline and had experience, Lakefield had all his money connections, and then Parker wanted to really run a big airline. However, in all those cases the honeymoon was soon over and each was then considered the scum of the earth.

There's another old saying that is also true - if a deal sounds to good to be true it probably is. AA has a cost problem, that's undeniable. While what AA wants may be more than it needs to be competitive, increasing it's already high costs is a recipe for another bankruptcy.

I guess the morale is that the more things change the more they stay the same. Every CEO looks out for his interests first and foremost - there's very few Bethune's or Kellerher's out there and Parker certainly isn't one. Just be careful following the Pied Piper - short term gains are no substitute for long term security - if the worst happens down the road, Parker or any other CEO and their team will leave with their millions without a thought for the employees left holding the bag.

Jim

Although I agree with most of your post I must disagree about Siegal. I never trusted the man and I was pretty sure he was hired to put us through the 2nd BK to get the new DC plan reduced and to get everything else that they missed in BK1.

 

[etops1]

I've wondered pretty much the same thing - how far can Parker go without interfering with the exclusivity period AA has and has he already gone too far? I'd be interested in a knowledgeable answer as well.

Jim

From what have gathered Yes they can sue . Heck anybody can sue . Would they win a lawsuit ? Thats an entirely different question . Anybody has the right to sue anyone as stated above . That's entirely different than having a winnable lawsuit . Look at USAPA . They sued right and left under Cleary . They never won but it didn't stop the from filing lawsuits .