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American Earnings announcment

Old 07-24-2014, 03:48 AM
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Default American Earnings announcment

AAL announced earnings today and knocked it out of the park!. Largest in profit in their history and here is the thing that got my attention;

When interviewed on CNBC this morning Doug Parker remarked that along with instituting a dividend and 1 billion dollar stock buy back, they would be increasing their pension payments above the minimum required!

He also said on the question of restarting service to Tel Aviv today after FAA lifting the ban, that AAL would have to talk to their pilots before making a decision on whether to start flying there again.

There is a lesson for UAL managers in this.
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Old 07-24-2014, 04:48 AM
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What lesson?
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Old 07-24-2014, 05:15 AM
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Originally Posted by Scrappy View Post
What lesson?
I'm not bashing UAL at all, but UAL management (former Continental) has been extremely inept at implementing the merger and has has proven they can't make money consistently.

I'm not sure if this is the lesson to be learned as insinuated but that would be a good starting point.
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Old 07-24-2014, 05:46 AM
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Originally Posted by Scrappy View Post
What lesson?
Talking to their pilots BEFORE making a public anouncement like restarting Tel Aviv. That process is called being "Consultive." Instead, typical of united mis-management they have chosen to be combative and made the announcement BEFORE consulting with the pilots.

Had UAL management consulted with their pilots, we would have had a statement from ALPA that the MEC and the Air Safety Committee had determined that the have studied the issue and determined that it could be accompllished safely.
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Old 07-24-2014, 07:32 AM
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Originally Posted by Pkcola View Post
It really is a wake-up call to the employees of United. Jeff has done a good job of turning a good domestic airline and an equally as good international carrier into the carrier to be avoided. We've watched as most of our premium passengers have jumped to DL and AA. Ultimately the employees will suffer as we'll eventually loss jobs and maybe the airline to his ineptness. It's not a UAL vs CAL thing guys, it's a management vs employees thing and Jeff is winning at our expense.
Which two airlines did he combine? Last time I checked, both united and continental were Domestic and International carriers.
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Old 07-24-2014, 07:36 AM
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Originally Posted by CALFO View Post
Which two airlines did he combine? Last time I checked, both united and continental were Domestic and International carriers.
I think that it's quite clear that he was correctly insinuating that CAL was primarily domestic and UAL was primarily international.
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Old 07-24-2014, 07:37 AM
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Originally Posted by CALFO View Post
Which two airlines did he combine? Last time I checked, both united and continental were Domestic and International carriers.
Here we go....I think we can all find solace in the fact that based on today's earnings and 1 Billion dollar buy-back announcement, Jeffry is up a cool Mil on his reported UAL stock holdings. That's a nice 1-day bounce. Good for Jeffry.
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Old 07-24-2014, 07:56 AM
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Originally Posted by ReserveDog View Post
I think that it's quite clear that he was correctly insinuating that CAL was primarily domestic and UAL was primarily international.
Oh, REALLY?? Who had more international flights at the time of the merger (Regionals excluded)???
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Old 07-24-2014, 08:05 AM
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Originally Posted by Skyflyin View Post
Oh, REALLY?? Who had more international flights at the time of the merger (Regionals excluded)???
If you count ASM's then was United by a large margin. Not even close.

If you count a flight from Houston to Cancun in a 737 the same as a flight from San Francisco to Sydney in a 747 then they were about equal. They are both "1 flight" but one is about 14 times more ASMs than the other.

That "logic" didn't work and no one bought it.
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Old 07-24-2014, 08:18 AM
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Originally Posted by Pkcola View Post
Jeff has done a good job of turning a good domestic airline and an equally as good international carrier into the carrier to be avoided.
Originally Posted by CALFO View Post
Which two airlines did he combine? Last time I checked, both united and continental were Domestic and International carriers.
Originally Posted by ReserveDog View Post
I think that it's quite clear that he was correctly insinuating that CAL was primarily domestic and UAL was primarily international.
Originally Posted by Skyflyin View Post
Oh, REALLY?? Who had more international flights at the time of the merger (Regionals excluded)???
Originally Posted by pilot64golfer View Post
If you count ASM's then was United by a large margin. Not even close.

If you count a flight from Houston to Cancun in a 737 the same as a flight from San Francisco to Sydney in a 747 then they were about equal. They are both "1 flight" but one is about 14 times more ASMs than the other.

That "logic" didn't work and no one bought it.

Will this juvenile banter ever end? Never mind, I know the answer.
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