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Old 08-21-2020 | 09:11 AM
  #1011  
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Originally Posted by FetaCheese
It's even better than that. Most of this info is coming from the AA pilot wives facebook group. I kid you not. They're putting out better info than APA.
​​​​​​

True, my wife texted me about the delay about 30 seconds after my phone dinged with the email.


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Old 08-21-2020 | 09:11 AM
  #1012  
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Originally Posted by bikeva
I got the delay email today but no heads up yesterday about calls today. Why do I have domicile reps if I need to check comms from every domicile to get the full picture?
Yeah, that's terrible. Especially right now when everyone is on edge for any kind of information.
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Old 08-21-2020 | 09:19 AM
  #1013  
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Originally Posted by FetaCheese
It's even better than that. Most of this info is coming from the AA pilot wives facebook group. I kid you not. They're putting out better info than APA.
​​​​​​

Also, to give APA a break on that, my wife was a key spouse when I was military and can say from experience that the strength of the spouse rumor mill is not unique to AA.


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Old 08-21-2020 | 10:13 AM
  #1014  
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Originally Posted by FetaCheese
It's even better than that. Most of this info is coming from the AA pilot wives facebook group. I kid you not. They're putting out better info than APA.
​​​​​​
the Force is strong with that group.
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Old 08-21-2020 | 10:32 AM
  #1015  
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Originally Posted by FetaCheese
They were recalled because of the post office thing, and as far as I know will be holding votes this weekend. I suppose there's a chance the PSP will be part of this weekend's vote. Or at least that's what AA is counting on.
Pipe dream. It’s in nobody’s agenda and it’s not included in any legislation save HEROES and that’s DOA. That said, I’m hoping this post ages badly.
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Old 08-21-2020 | 10:49 AM
  #1016  
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Originally Posted by aquagreen73s
FC, I have worked under Parker since the day he became a CEO, 19+ years ago. What is no longer speculative is his business strategy - a strategy that flat out does not plan for anything but usual economic events. There is no contingency planning as that would impact debt servicing and/or stock buy backs. Three times now he has been completely unprepared for black swan events, and three times now his airline financials have been exposed as having no margin to withstand anything beyond a normal, macro economic environment. Black swan events are completely off his radar, and that's likely why he would make a perverse statement that AA would never lose money again. In his mind that was true, but with the condition that the macro picture didn't have any black swans in it. This is why most of us pilots froze when we heard his proclamation because we sure as heck can't go to work thinking that nothing out of the ordinary will occur. It can, and over time certainly will in a long enough career.

So, my suspicion is that AA is in a very poor financial situation as that's exactly what the last two black swan events revealed. It explains the disconnect between AA's furloughs and just about everybody else. It explains why Parker could care less about the horrible optics of the two codeshares with airlines that aren't furloughing while AA is - deeply. The problem now is that this swan is much bigger and angrier than the last two.
Been under him my entire career as well, not a huge fan. To be fair we had $7B or so in cash directly before this. Totally unprecedented event and times that we are in now.
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Old 08-21-2020 | 10:51 AM
  #1017  
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Originally Posted by pangolin
Pipe dream. It’s in nobody’s agenda and it’s not included in any legislation save HEROES and that’s DOA. That said, I’m hoping this post ages badly.
Aren't we all.... Sadly, the reality is it would only be the House of Representatives in Session for the rochambeau involving the USPS... The Senate is still adjourned until after Labor Day, and gee someone raise your hand if you believe it will be anything other than a first rate entertainment atmosphere in DC when they return
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Old 08-21-2020 | 11:50 AM
  #1018  
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Originally Posted by Varsity
... Outside of getting nationalized like the post office, the outcome is inevitable.
Not sure I would use the Post Office as an example ... I'm expecting the guy that was just put in charge of the PO to maybe find a way to destroy their performance and get them further into the red ... Then propose privatizing said PO.
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Old 08-21-2020 | 12:08 PM
  #1019  
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Originally Posted by ClncClarence
No. What nuball wrote is exactly how the LOA works at JB.
nope.........
Nevermind I stand corrected
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Old 08-21-2020 | 12:32 PM
  #1020  
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Originally Posted by Huell
Not sure I would use the Post Office as an example ... I'm expecting the guy that was just put in charge of the PO to maybe find a way to destroy their performance and get them further into the red ... Then propose privatizing said PO.
But it’s national infrastructure. Kinda like the airlines... oh wait.
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