United Stole Another
02-15-2017, 01:24 PM
#1
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Joined APC: Feb 2017
Posts: 128
United Stole Another
Andrew Nocella has informed me that he is resigning from his position of Senior Vice President – Network Planning, Alliances & Sales and has accepted a leadership role at United.
Good thing we still have Doug, don't know what we would do with out his great skills in cost cutting and making things as cheap as possible.
02-15-2017, 02:04 PM
#2
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Joined APC: Jan 2017
Posts: 156
If you can't keep your senior management its a very bad sign. I predict AA wants another Chap 11 in the next 5 yrs for solely a scope grab. Jan performance numbers show RJ growth up 7.3% Year over Year. This is a trend that is not going away.
02-15-2017, 02:24 PM
#4
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Joined APC: Mar 2014
Posts: 3,091
Originally Posted by WhenPigsFLy
If you can't keep your senior management its a very bad sign. I predict AA wants another Chap 11 in the next 5 yrs for solely a scope grab. Jan performance numbers show RJ growth up 7.3% Year over Year. This is a trend that is not going away.
02-15-2017, 03:05 PM
#5
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Joined APC: Nov 2016
Position: 6th place
Posts: 1,826
Originally Posted by Name User
Call me nuts but I honestly believe that is why they aren't worried about paying off their debt, and why they continue to take on more to buy back stock. Debt is easy to cancel, if you pay it off that money is gone forever...
Idk if that's their reasoning. If it is we are all totally F'ed. I firmly believe they do whatever it takes to make the stock price increase. The top 5 execs have hundreds of millions in stock alone. Their number one job is to make shareholders happy.
They could care less about our strategy to deal with NAI, ULCCs, the ME3, or whatever the next threat is in 5,10, or 30 years.
02-15-2017, 06:04 PM
#8
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Joined APC: Mar 2014
Posts: 569
All the major corps are playing the same game. Money is cheap right now therefore issue debt at staggering and alarming rates no matter the quality of the debt. The second leg of this stool is stock buybacks to goose earnings. Using profits to buyback its own stock to reduce the number of outstanding shares artificially increases quarterly earnings. It's where we are in the business cycle.
When a recession comes AA and all the other corps not just airlines will begin the belt tightening and the debt issuance and stock buybacks wont be in favor by wall st and it's analysts anymore.
When a recession comes AA and all the other corps not just airlines will begin the belt tightening and the debt issuance and stock buybacks wont be in favor by wall st and it's analysts anymore.
02-16-2017, 04:57 AM
#9
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Joined APC: Jun 2008
Position: CA
Posts: 483
Originally Posted by WhenPigsFLy
If you can't keep your senior management its a very bad sign. I predict AA wants another Chap 11 in the next 5 yrs for solely a scope grab. Jan performance numbers show RJ growth up 7.3% Year over Year. This is a trend that is not going away.
02-16-2017, 05:15 AM
#10
You scratched my anchor
Joined APC: Feb 2011
Posts: 4,876
Originally Posted by SilverandSore
They won't need that, the last guy I flew with was talking about giving up 5 more seats in the rjs to 'get something' in the next contract. "You gotta give something up to get something" he said.
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