Originally Posted by
dvhighdrive88
Analyst predicts a pilot deal at American Airlines by mid-December | Dallas Morning News
So what's this story all about? Sounds like Hunter Keay is trying to be the omnipotent legacy expert. Pretty soon he'll be spewing refuse like Weinberg from Motley Fool about flying jets and airlines.
15% raise over what? Scope? Work rules? Anybody have any details on what this "expert analyst" think the APA BOD will approve by mid December?
Personally think the blow hard is dead wrong. If he thinks the APA and the pilots will just cave on scope, PS and decent work rules for 15% he probably thinks he knows something we don't. So what's the angle on this story? Another article to bounce the stock price likely.
The APA is good, but Jerry Glass is better. Sadly, the deal will happen sooner than later, IMHO.
Glass will continue to back away from "high-viz" things he never intended to get (scope, 2-hour call out, and the year extension) and he will continue to get fawning support from both the media and the pilots who can't do complex math (i.e are fixated on pay rates). The pay rates will be front in center in the mind of simpletons, but we will all pay for it twice over in the concessions that are impossible to value (because the company refuses to give us the data). We will get nothing for the 757 replacement, i.e. the AB321, nothing for LOS, Nothing for min calendar day (average calendar day, maybe).
Parker will lock in the cheap costs for years to come, providing his cost advantage over the competition. He will never have to compete on a level field. He is cheap like that. Customers get cheap. Employees get cheap. And Jerry Glass gets luxury, because he can deliver the cheapest employee costs in the industry.
The APA is good but they lost it when they let their judgement be clouded by an inordinate hatred of Horton.
60% membership ratification by the end of January. Welcome to America West Grande, the airline none of us even bothered to apply to.
Yes, we are making $4B profits but nobody remembers so we get an industry trailing contract (if you do the math). Jerry Glass is that good.