Birthing of "Keep AA my AA"
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777 / 767 / 757 Love
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Redding......Hetterman, met those guys......f'fing clueless. Arpey had to more than once step in and deal with issues involving Redding. Brundage is Brundage, I don't think ANYONE needs me to comment on him.
Its good to see some people understand how different the managment team truly is from this time last year. Also, there are many smart APA guys, they may not be the ones everyone is hearing from right now, but they are VERY smart. I really can't believe they truly see Parker as a BETTER option than what exists. Again, my theory is there will be more control and possibility of change if the UCC and unions choose a new baord and help shape a new management team if that is what is needed to start with a clean slate. I just feel like DP and company is just more of the same old and would undue all the scarafice made by so many over the last year trying to get AA AWAY from the same old, same old.
Cheers,
777 / 767 / 757
Garton is still second in command after Horton.
Redding and Hettermann were visionaries compared to the marketing performance under him in the last decade.
The AMR BOD should be shown the door without any flight bennies. That probably happens later in the process anyway.
Redding and Hettermann were visionaries compared to the marketing performance under him in the last decade.
The AMR BOD should be shown the door without any flight bennies. That probably happens later in the process anyway.
In other words...... Don't PI$$ on my back and tell me it's raining.
777 / 767 / 757 Love
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What bonus? I assume you are not a DP guy either? Because no one here can throw rocks at Horton and then sing DP's praise......
I find it entertaining how a man in charge less than a year is suddenly "satan" and no one steps back to see the good things that were done, not just the bad (which were necessary). Hopefully, people's don't just measure the success of a CEO by whether they got what the contract / money they wanted.
Cheers,
777 / 767 / 757
Mr. Horton and his management team stand to receive somewhere between $300 million and $600 million if he can make it through bankruptcy court without merging first with a rival like US Airways.
In an odd twist of the bankruptcy process, airline management teams have typically managed to extract 5 percent to 10 percent of the company’s shares for themselves upon exiting Chapter 11, with the C.E.O. often getting 1 percent.
This happens, oddly enough, despite some of the same management wiping out shareholders (including themselves) by filing for Chapter 11 in the first place. AMR is expected to be valued at as much as $6 billion if it exits bankruptcy independently, analysts estimate.
Over the last several decades in the airline business, this is where C.E.O.’s have gotten rich.
It is well known that Horton will be given an obscene amount of money when the BK is complete. Let's not forget that he was a senior member of the management team that put us on the path to ruin before running away to ATT so he could rape and pillage their empoyee's. Now he is back to do the same here. It is also well documented that the mechanics at AA are the lowest paid in the airline industry but management tells us it is our fault and our labor costs are too high. Have you not heard or have you forgotten about what kind of money AA management stole while the losses piled up? Horton is just the next Lorenzo.
eolesen
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Your list is a point I've made repeatedly. Del Valle is also gone, and so are several others who nobody ever paid attention to because they were in places like Finance, Revenue Management, Accounting, etc. who are off the radar for front line employees...
The management team at AMR is not the same that was in place in 2008. But nobody wants to hear facts like that. Y'all got the pound of flesh you asked for, but apparently now you want seconds.
Just give it time -- if the merger goes thru, the same people who demanded Carty, Arpey, and Horton "have to go" will be saying that about Parker, Isom, Kirby...
We are talking about airline mechanics. Whether on the Line or in OH we are all airline mechanics, where things get different is the volume and scope of work done in house, but pay wise our OH mechanics, just like our Line mechanics are the lowest paid in the industry. Where our OH guys went wrong is they started looking at their pay compared to those at MRO facilities as opposed to other airlines.
777 / 767 / 757 Love
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They didn't go wrong, they compared Apples to Apples......you are comparing Apples to Oranges. That is like AMR management comparing their compensation to that of heads at billion dollar Private Equity firms. Its different, and if they are the same as you argue, then in fact AMR management is underpaid as compared to their piers.
Don't get angry, just trying to point out if you make an argument one way, you have to the other.
Cheers,
777 / 767 / 757
ChockJockey
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Oops, looks like you forgot to cite the source you plagiarized verbatim in this post. No need to thank me.
I had a long hairy response and then realized you are not a mechanic. Read below please.
When I was hired by AA in 1985 we were all called AIRLINE MECHANICS. There was no distinction nor should there be between line and overhaul mechanics. We both have the same license and there is no task one can do that the other can't. For this reason it is very frustrating when I and my coworkers read that now since AA management calls Tulsa an MRO, we are no longer deserving of pay and benefits of an airline mechanic. Also I must point out that there is lots of seniority in Tulsa and many of us would have bid to the line years ago if the pay was better. We overhaul American Airlines acft. I, nor many of my coworkers, are willing to take less money because someone in South America claims they can do the same quality work for less. AA will now let them and we will see how the quality is. It is well known the condition of the 757s that came back from an MRO. You get what you pay for.
