well, ummm...getting $35.00/hr max rate is having delta/united/southwest profit sharing baked into the cake. if anything, the window may open for ua fscs (currently 4th most profitable airline) to blow by us when adding wages + profit sharing. now and when they max out at $33.30/hr. (not counting differential).
well, ua must be all dummies, because they will pay their fscs $33.30/hr max rate, joe lunchbox making $33.87/hr with shift differential by dec. 2021. $1.50 more an hour at aa will cause layoffs in the 7,000 fsc range?
a few weeks ago, parker was asked about redundancy and he talked about layoffs not being in the picture for aa's team members. parker mentioned attrition and early-outs. the early-outs is interesting. whether they be generous or whether aa tries to pull a fast one and include early-out compensation as part of the overall contract compensation package.
anyways, thousands of fscs and mechanics went up apprx $6-$9/$10 an hour in a blink of an eye. this is what it cost aa, one quarter for fsc & amt:
that was one quarter, all at once, raises that were larger than than the ones i anticipate us getting, will take 5 years to earn and will give aa years to deal the money.
if you can't sleep at night worried about the financial health of aa, going forward, remember the deal they made last summer with citibank & barclays.
this is real ancillary income. don't worry, we'll be fine.