Group 2 Captain just hit 3 years
#61
No probies in the left seat anymore. JR capt is a 2015 or 2016 hire. The quick upgrade thing was a fluke. No one wanted to fly the mad dog.
Reserve isn’t bad. Everyone’s on long call (12 hrs) and they can convert you to short call up to 6 times a month. Usually you only get SC 2 or 3 times a month, if that. You can also yellowslip (proffer) for open trips on reserve.
Reserve isn’t bad. Everyone’s on long call (12 hrs) and they can convert you to short call up to 6 times a month. Usually you only get SC 2 or 3 times a month, if that. You can also yellowslip (proffer) for open trips on reserve.
For the record, picking up yellow slips pays you $0 unless you are full. All the credit goes toward reserve guarantee. If you pick up a green slip, it pays single pay above guarantee, but you get your off-days returned at the end of the trip. If you don’t have any more on-call days in that month, those “payback” days go into a bank you can use to drop trips in future bid periods if you’re holding a line, so that gives you the potential to make more than 2x pay for the reserve green slip if you drop days worth more than the value of the original green slip.
#63
Line Holder
Joined APC: Dec 2018
Posts: 91
Movement is happening regardless. The junior nature of it I think will change is all. I don’t see this as a new normal. It’ll all settle eventually and the change of fleets will help. Maybe I’m wrong. We shall see. Approaching with caution isn’t an ill advised approach...
#64
Gets Weekends Off
Joined APC: Jun 2014
Posts: 589
Movement is happening regardless. The junior nature of it I think will change is all. I don’t see this as a new normal. It’ll all settle eventually and the change of fleets will help. Maybe I’m wrong. We shall see. Approaching with caution isn’t an ill advised approach...
#65
Gets Weekends Off
Joined APC: Oct 2005
Posts: 900
For the record, picking up yellow slips pays you $0 unless you are full. All the credit goes toward reserve guarantee. If you pick up a green slip, it pays single pay above guarantee, but you get your off-days returned at the end of the trip. If you don’t have any more on-call days in that month, those “payback” days go into a bank you can use to drop trips in future bid periods if you’re holding a line, so that gives you the potential to make more than 2x pay for the reserve green slip if you drop days worth more than the value of the original green slip.
#66
Gets Weekends Off
Joined APC: Jun 2019
Posts: 303
Line pilots seem to think a simple change in leadership will eventually restore AA to a higher level of service and profitability.
It's not always that easily accomplished. My fear is Parkers' willingness to settle for high debt and last place service will place the airline in a position where it will easily be severely underprepared for the next downturn. Spirit and Frontier have large order books. They seem to target AA these days for cherry picking good routes. The high debt load could easily force aircraft sales and parking should a downturn come, and it will.
APA should keep the pressure on for management to incorporate good compensation and profit sharing to motivate employees to bring service levels out of the basement. Unfortunately, management seems to revert to perpetual feet dragging and disincentives to this move.
#67
#68
Gets Weekends Off
Joined APC: Nov 2016
Position: 6th place
Posts: 1,826
Sure hope so. But it's very troubling the company leadership seems content to be a perpetual bottom dweller in rankings.
Line pilots seem to think a simple change in leadership will eventually restore AA to a higher level of service and profitability.
It's not always that easily accomplished. My fear is Parkers' willingness to settle for high debt and last place service will place the airline in a position where it will easily be severely underprepared for the next downturn. Spirit and Frontier have large order books. They seem to target AA these days for cherry picking good routes. The high debt load could easily force aircraft sales and parking should a downturn come, and it will.
APA should keep the pressure on for management to incorporate good compensation and profit sharing to motivate employees to bring service levels out of the basement. Unfortunately, management seems to revert to perpetual feet dragging and disincentives to this move.
Line pilots seem to think a simple change in leadership will eventually restore AA to a higher level of service and profitability.
It's not always that easily accomplished. My fear is Parkers' willingness to settle for high debt and last place service will place the airline in a position where it will easily be severely underprepared for the next downturn. Spirit and Frontier have large order books. They seem to target AA these days for cherry picking good routes. The high debt load could easily force aircraft sales and parking should a downturn come, and it will.
APA should keep the pressure on for management to incorporate good compensation and profit sharing to motivate employees to bring service levels out of the basement. Unfortunately, management seems to revert to perpetual feet dragging and disincentives to this move.
The debt has been addressed multiple times. The fleet renewal spending will be much lower in the coming years and the debt will start trending down.
#69
Gets Weekends Off
Joined APC: Jun 2019
Posts: 303
The stock buybacks are especially troubling. The debt level is going to perpetuate the existing gap between that purchase price Parker bought the slugs of stock and today's price. That's why the stock won't move up. That debt is a very troubling issue with Wall Street.
Lets hope there isn't a quick issue that comes out of the blue that impacts revenue and the ability to address the paydown of debt.
Many of us have seen this story before. Braniff comes to mind.
For that matter, so does USAir. Stephen Wolf went on a huge stock buying spree and wiped out free cash. He paid around 64 a share in buybacks that went to Zero. All in an effort to personally enrich himself. Parker takes his compensation in stock as well. It's troubling.
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