After seeing and hearing what the APFA negotiating team had to say. I find myself questioning what will be best course of action. Having this settled before a judge is by the worst case scenario.
The value of the concessions APFA has on paper is actually better than 420 million. Not the 340 AA is putting it at.
AA dictated the terms and values. What cost in the last round of negotiations 8 million was suddenly worth only 2 million. For example the 4000 people on leave our analyst estimate the contractual cost to be running about 30 million dollars. Full Benefits, passes, full seniority and vacation accrual, AA says is worth 6 million. At the same time crew meals are costing AA 7 million. Isn''t that amazing how expensive food is compared to the cost of benefits for 4,300 people. something is wrong with there calculator.
I cannot advocate a yes vote any longer. I am left to wonder if in BK, AA would be more likely negotiate on a faired level. Not saying they will or wont.
My concern now is that AA fully intends to go for BK protection. That they will use what we in good conscious agree to as a starting point for further cuts. Not from the current agreement as it should be if we do not agree to any cuts.
Based on the people at the Miami meeting a strong NO vote is coming for the APFA.
The value of the concessions APFA has on paper is actually better than 420 million. Not the 340 AA is putting it at.
AA dictated the terms and values. What cost in the last round of negotiations 8 million was suddenly worth only 2 million. For example the 4000 people on leave our analyst estimate the contractual cost to be running about 30 million dollars. Full Benefits, passes, full seniority and vacation accrual, AA says is worth 6 million. At the same time crew meals are costing AA 7 million. Isn''t that amazing how expensive food is compared to the cost of benefits for 4,300 people. something is wrong with there calculator.
I cannot advocate a yes vote any longer. I am left to wonder if in BK, AA would be more likely negotiate on a faired level. Not saying they will or wont.
My concern now is that AA fully intends to go for BK protection. That they will use what we in good conscious agree to as a starting point for further cuts. Not from the current agreement as it should be if we do not agree to any cuts.
Based on the people at the Miami meeting a strong NO vote is coming for the APFA.