If you look at the current situation with this industry how can American Airlines continue to operate with three maintenance bases?
Something has to give. The other airlines are talking BK and eliminating pensions, jobs and more paycuts. Are we in that much better financial situation than the others? I doubt it. Southwest is still making a profit despite the high fuel prices and they have no overhaul (hint). Is American or the TWU living in denial or in a dream world that we can continue at our present course? The hard truth is that some time between now and February something big is coming down. American refuses to down size back to profitability with the help of the TWU. More paycuts maybe or more station closures? The holidays are coming and the judge had no mercy for the USAir employees with the mandated 21% paycut. What do you think the Company or union will do if things get worse than they are now. The judges are siding with the companies. The door is open for disaster.
:unsure: :blink:
Something has to give. The other airlines are talking BK and eliminating pensions, jobs and more paycuts. Are we in that much better financial situation than the others? I doubt it. Southwest is still making a profit despite the high fuel prices and they have no overhaul (hint). Is American or the TWU living in denial or in a dream world that we can continue at our present course? The hard truth is that some time between now and February something big is coming down. American refuses to down size back to profitability with the help of the TWU. More paycuts maybe or more station closures? The holidays are coming and the judge had no mercy for the USAir employees with the mandated 21% paycut. What do you think the Company or union will do if things get worse than they are now. The judges are siding with the companies. The door is open for disaster.
:unsure: :blink: