Let the changes begin!
- Thread starter MetalMover
- Start date
A quote from the article:
That's funny, because I see March and April LAX-SBA flights in the computer and inventory hasn't even been zeroed out. Doesn't look like the flights have been pulled.
Looks to me like McAdoo is reacting to a computer glitch as if it represented a real change. Doesn't surprise me in the least.
That's funny, because I see March and April LAX-SBA flights in the computer and inventory hasn't even been zeroed out. Doesn't look like the flights have been pulled.
Looks to me like McAdoo is reacting to a computer glitch as if it represented a real change. Doesn't surprise me in the least.
eolesen
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It may not even be a glitch -- he might have seen half of a SSIM update, and jumped to the wrong conclusion.
If there's a change to the network, these guys would have reported it:
http://www.routesonline.com/news/tagged/37/american-airlines-/
If there's a change to the network, these guys would have reported it:
http://www.routesonline.com/news/tagged/37/american-airlines-/
That's what I figured. The weekend update issues. McAdoo has such a hard-on for Parker, and such immense hatred for former AA management, that he's wiling to risk Emily Litella moments like this. He's really a sad, pathetic man, having been beaten more than once by AA (where he used to work, right?).
Kev3188
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eolesen
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Bob never worked for AA, but it's no surprise he has it in for AA, and would be a fan of Parker.FWAAA said:
He was CFO at PeoplExpress when I was there in 1986, and a financial controller at Texas International when they were bought up by Frank Lorenzo. He was also CFO at Vanguard, and was briefly at TWA after Vanguard collapsed, and was also at Mesa for a couple years as a consultant before becoming an equities analyst.
As a side note... I know of two equities analysts who went on to become executives in airline finance (Robert Ashcroft at G4/F9 was originally at UBS, and Gary Chase at DL was originally at Lehman/Barclays). I'm sure it gives him a different perspective, but Bob's the only one I've ever heard of who held multiple CFO positions and wound up as an analyst.
Kev3188
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My bad, for some reason I thought that McAdoo had worked at AA for a brief time. His resume reads a little like the airline version of "if you can't do, then teach."
I'm too lazy to register with Imperial Capital so that I could read his entire report on AAL to see what other mistaken premises form the basis of his recommendations, but maybe I'll summon the motivation over the holidays.
I liked the part where he's already assigned a net improvement to the bottom line of $4 million to $5 million from cancelling (if only for a month or two) SBA service. Wonder where he got those numbers?
I'm too lazy to register with Imperial Capital so that I could read his entire report on AAL to see what other mistaken premises form the basis of his recommendations, but maybe I'll summon the motivation over the holidays.
I liked the part where he's already assigned a net improvement to the bottom line of $4 million to $5 million from cancelling (if only for a month or two) SBA service. Wonder where he got those numbers?
MCI transplant
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MCI transplant
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That's good.------- Because the other "Bob Ashcroft" was my financial adviser, for a while.------- Lost a ton of money with him!eolesen said:
The Daily Breeze noticed the Bob McAdoo post in Barrons that prompted this thread and confirmed that LAX-SBA remains, at least for now:
http://www.insidesocal.com/aviation/2013/12/19/american-is-keeping-lax-santa-barbara-flights-despite-report-saying-otherwise/
http://www.insidesocal.com/aviation/2013/12/19/american-is-keeping-lax-santa-barbara-flights-despite-report-saying-otherwise/
