What's new

USAirways posts profit

wopr21

Senior
Joined
Aug 13, 2004
Messages
260
Reaction score
26
http://mobile.reuters.com/article/idUSL1N0AS41X20130123?irpc=43
 
http://finance.yahoo.com/news/us-airways-reports-highest-annual-130000776.html

US Airways Reports Highest Annual Profit In Company History
 
so true cltrat. in my station we the fsa will hear about how much each individual will get etc but i guess fsa can take comfort knowing we have the iam pension 🙂
 
there was a comment that said something to the tune of profits would be smaller if the employees were paid substantially higher i dont know if that is true
 
there was a comment that said something to the tune of profits would be smaller if the employees were paid substantially higher i dont know if that is true

Back of the envelope calculations show that US FAs would cost approximately $60 million more per year if they had the AA FA contract and the US pilots might cost as much as $300 million more per year if they had the AA APA contract. Right there is $360 million in higher wage costs. I'm certain that the US employees will be happy to split the $61 million in profit sharing, but what they really deserve are industry-average (or better) wages. And yes, US profits would be substantially smaller if that happened.

Twice last year, Parker offered the US FAs $40 million a year in raises and those would not have brought the FAs up to AA's bankruptcy contract.

As ClueByFour used to post, it doesn't take a genius to report profits when you pay your employees so much less than the competition.
 
fwaa i understand what your saying there the question is if say the f/a had agreed to the 40 million contracts leaving THE REST OF THE CONTRACTS WITHOUT AGREEMENTS WHAT WOULD THE PROFITS LOOK LIKE
 
You're pathetic. See a shrink.
probably not.... what I will do is continue to provide a spirited discussion of the industry.... not sure why it is now unfashionable to quote any source when we've been subjected to months and months of posts re: anyone that says a merger is good for US. Maybe it is, maybe it isn't. The reality is that none of us can know with certainty but I particularly object to anyone deciding they want to throw out someone's input just because they don't like what that person says. Fair and objective conversation listens to all viewpoints. Pathetic is squashing open dialogue.
 

Latest posts

Back
Top