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Opportunity Cost - AA vs UAL?

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Opportunity Cost - AA vs UAL?

Old 07-08-2019, 01:05 PM
  #21  
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Originally Posted by AAL24 View Post
Seniority and earnings are not necessarily correlated. For example many many FOs at DAL make more than the majority of Captains at AA. Our biggest failing as a pilot group has been comparing our hourly rates and assuming we are in the same ballpark as UAL DAL SWA FEDEX etc. Even JetBlue pilots have the option of dropping their lines and picking up at 200%.

Hopefully this all changes with the new contract. But I doubt it. Haven’t seen a single survey question cover double dipping, trip buys for OE, or 200% premium.
The smart FO’s at AA are making more than AA CA’s.
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Old 07-08-2019, 01:11 PM
  #22  
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Originally Posted by DarinFred View Post
Mainline (cough Doug cough), do you have numbers on how much we’ve borrowed for new airplanes vs how much we’ve borrowed to buy back stock?
Total capex since the merger has been around $25b IIRC and total stock purchased has been $12b.

Assuming a rate of around 5%, that's around $50m a month in interest charges.
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Old 07-08-2019, 01:21 PM
  #23  
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Denver at united is attainable with just six months seniority as long as you go for the 737/320. If you chase the 756 for some reason it would be two or three years minimum.
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Old 07-08-2019, 01:23 PM
  #24  
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Originally Posted by Big Perm View Post
Denver at united is attainable with just six months seniority as long as you go for the 737/320. If you chase the 756 for some reason it would be two or three years minimum.
Dig the screen name.
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Old 07-08-2019, 01:34 PM
  #25  
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Originally Posted by Al Czervik View Post
The smart FO’s at AA are making more than AA CA’s.
Group IV I suppose.

Actually, there are quite a few G4 captains that went back to G2 Captains at least in MIA. With summer storms (Premium) etc they claim to make more.
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Old 07-08-2019, 01:46 PM
  #26  
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Leave. I was ual for a short stint and there is a lot of better things in their contract. Less debt, more wb, making a great turnaround, denver base, forgetaboutit
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Old 07-08-2019, 01:57 PM
  #27  
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Originally Posted by Al Czervik View Post
The smart FO’s at AA are making more than AA CA’s.
The IMAX game works when you are senior on certain aircraft in certain bases. Not to mention you have to be willing to work hard for 10 months. It doesn’t compare to the flexibility and payouts at Delta and United.
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Old 07-08-2019, 02:06 PM
  #28  
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After a decade of miserable commutes. Never again. Living in base is far more valuable for your sanity, time with family and massively improved scheduling flexibility.
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Old 07-08-2019, 02:21 PM
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Originally Posted by Name User View Post
Total capex since the merger has been around $25b IIRC and total stock purchased has been $12b.

Assuming a rate of around 5%, that's around $50m a month in interest charges.
AA has $7B+ in liquidity, that money is making considerably more than 5%.

What should concern all of us is the same thing that concerns all the Wall Street analysts...not debt but revenue.

In 2018 - Delta made 107% of AA's revenue - while only flying about 90% of the ASMs. That is what is driving the majority of the gap between AA and the industry.
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Old 07-08-2019, 02:32 PM
  #30  
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Originally Posted by Big Perm View Post
Denver at united is attainable with just six months seniority as long as you go for the 737/320. If you chase the 756 for some reason it would be two or three years minimum.
Not quite. I have been with UAL for 8 months and can't quite hold Denver yet. Looks good for this fall so probably right at a year.
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