Originally Posted by
eaglefly
Just so were clear, you're reading passages from the AMR book of fiction again. What is happening now, isn't the point.
The 1113 wipes virtually all of that out, turning AA into a regional carrier with higher hourly rates. You forget that this is a pilots forum and most can distinguish this B.S. by now.
Next you'll be trying to sell everyone here ocean-front property in Nebraska.
Should U and AA hook up, my advice to those fairly senior who have nothing to lose, should leave their former "dream" and ride off into the sunset to polish their laurels.
It does not!
The retirement piece becomes a 13.5 percent DC plan. There's is a slight reduction in pay for some of the buckets (btw, ask the NWA guys how much they took in pay cuts during their BK process!). There are changes to work rules, benefits, and scope.
Guys, I'm not offering up a pretty picture here, this is tough going. But when I hear how Mr Parker and Kirby are going to save us all while at the same time citing 1.5-2.0 billion in cost savings(over and above what AA has already laid out) and increased revenue, I don't buy it!
Folks will always hear what they choose to hear throughout this process, but there are no easy answers!
Sustained profitability = healthy company.....period! All else is a smokescreen!!