"Offer" rescinded

[eolesen]

Of course there is something left to go around! Just ask the executives, they are the ones who get it!

You know, if the exec's bonuses had come out of company revenues, you'd have a point. But they didn't -- they came at the expense of shareholders. All of the bonuses so far have been paid out in stock, right?

Guess the next time around, you need to insist on matching stock options instead of pay & cash profit sharing... but that of course would mean taking a risk...

 

[Ken MacTiernan]

Short of shutting the company down do you have a way to remedy that problem? They will be able to find work, or even if they are not, they have enough money to wait it out for a bit. Do you? Do you think they know that? I don't care about right or wrong what should or should not be. What I am concerned about is what IS. That is what I have to work with. The fairytale about right and wrong is merely a distraction. I'd keep my eyeon the ballif I were you.

When should right and wrong be thrown out the window Cosworth?

Once you throw right and wrong out the window you begin to prostitute your professional self.

You are concerned with what "IS"? Who are you? President Clinton?

There will ALWAYS be a reason for AA to sing the Blues. I am tired of lies... concessions were suppose to be "SHARED SACRIFICE"! You want to know what "IS" is? This was a LIE!

Short of shutting the company down would be to, now read my lips closely... raise ticket prices! Oh, wait, if we do that the other airlines will cut prices! Guess what? Go back to my previous post about if you can't price your product to cover the cost to produce the product then close the doors because I will NOT subsidize cheap airfares. "IS" this "RIGHT"? Yes it "IS"!!!!

It seems as if you believe that labor should crazy glue their hands to their ankles because you are not willing to take a stand and fight for what "IS" right.

If AA needs to lay people off then do so. Don't cut my wages AND then lay off like they have done in the past. :angry:

 

[Hopeful]

You know, if the exec's bonuses had come out of company revenues, you'd have a point. But they didn't -- they came at the expense of shareholders. All of the bonuses so far have been paid out in stock, right?

Guess the next time around, you need to insist on matching stock options instead of pay & cash profit sharing... but that of course would mean taking a risk...

Sounds like a deal if we each get 50,000 shares of stock instead of a few hundred.

With everything considered in the current concessionary contract, a mechanic lost $20,000 a year. So even if I held onto my 449 shares until the high price of $39 and change, I barely would have recouped one year of losses.

 

[eolesen]

Ask for more next time, and make sure they're on the same terms as senior management.

Oh, wait. You need your union to do that for you...

 

[Hopeful]

Ask for more next time, and make sure they're on the same terms as senior management.

Oh, wait. You need your union to do that for you...

I want traditional compensation, I don't care what an executive makes. More power to them whatever they get. But when the rest of the workforce took concessions, these privileged elitists have more than gotten back what little was taken from them.

If these greedy people led by example and foregone what is "rightfully" theirs, there would be no topics about greedy execs in this forum.

 

[eolesen]

Aw, that's horseshit and you know it. The complaints about exec comp/perks/etc. has been going on for the 20 years I've been in the industry.

 

[Hopeful]

Aw, that's horseshit and you know it. The complaints about exec comp/perks/etc. has been going on for the 20 years I've been in the industry.

True, but i personally never gave a rat's ass what they made. What AMR did changed the playing field.

They preached the shared sacrifce mantra.. So tell me Eric, how are the execs suffering?

 

[Hopeful]

Aw, that's horseshit and you know it. The complaints about exec comp/perks/etc. has been going on for the 20 years I've been in the industry.

True, but i personally never gave a rat's ass what they made. What AMR did changed the playing field.

They preached the shared sacrifce mantra.. So tell me Eric, how are the execs suffering?

 

[swdriver]

True, but i personally never gave a rat's ass what they made. What AMR did changed the playing field.

They preached the shared sacrifce mantra.. So tell me Eric, how are the execs suffering?

Get ready, I see at least 2 more years of what you have now if you are lucky. Company may ask for and receive another 10% from you yet.

 

[MCI transplant]

You know, if the exec's bonuses had come out of company revenues, you'd have a point. But they didn't -- they came at the expense of shareholders. All of the bonuses so far have been paid out in stock, right?

Guess the next time around, you need to insist on matching stock options instead of pay & cash profit sharing... but that of course would mean taking a risk...

<_< ------- No it wouldn't! No risk at all! If it mirrored the executives plan!!!!

 

[Bob Owens]

Sounds like a deal if we each get 50,000 shares of stock instead of a few hundred.

With everything considered in the current concessionary contract, a mechanic lost $20,000 a year. So even if I held onto my 449 shares until the high price of $39 and change, I barely would have recouped one year of losses.

When the shares were offered we figured it had to go to over $300 a share before we would see any profit.

 

[title1 for life]

Aw, that's horseshit and you know it. The complaints about exec comp/perks/etc. has been going on for the 20 years I've been in the industry.

When strangers and neighbors say the V.P.'s are wrong and greedy you know they have gotten worse over the years ! Even non airline people see it. But then again I guess you will always have an excuse for their behavior . :blink:

 

[enough already]

Was that the old regime?

Nope. Sorry to say, that is the current :down:

 

[KCKKen]

Ask for more next time, and make sure they're on the same terms as senior management.

Oh, wait. You need your union to do that for you...

Decided to post my cent-and-a-half here:
What really takes me to near-fits of projectile vomiting are the IDIOTS that run around with those stupid "Show Me The Shared Sacrifice" T-Shirts on, like it's something to be proud of. Let's see, if your lame a$$, lap-dog union (for lack of a better term) was intelligent enough to get in writing something VERIFIABLE, and COURT-ENFORCEABLE from the company in that round of garbage they called "negotiations" you wouldn't have to look so damn stupid.

Number two on the list are those "American's Real Strength" shirts -- if the TWU is Amercan's "real strength" this place must have the worst case of Muscular Dystrophy ever known.

As far as I'm concerned, shut down what you feel you need/want to and have the balls to tell us NOW. Don't give me that crap that you don't know what, where and who gets the axe, let those affected know and let them make plans. AA knew what was on the chopping block before they ever made the announcement, no company makes decisions that aren't conglomerated months ahead, or at least has contingency plans in mind. Yeah, if I knew I had 60 to 90 days left at Camp Fix-A-Plane I'd be less than happy, but I could make plans and get on with my life. But the situation they put way too many people in is not being able to get plans in place as far ahead of the actual layoff date as possible. Like many have said, I had a job when I got this one; I can always find another -- might have to tighten up some spending and forego some plans but we could manage.

Take Care,
KCKKen

 

[Bear96]

Read and comprehend... I will NOT subsidize cheap airfare.

Really? Aren't you working under reduced wages right now?

If there is a vote and you vote no but the majority of your colleagues ratify a TA with further paycuts, will you quit?