Negotiation Update

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10-20-2022, 03:51 AM

#341

Scar09

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Joined APC: Mar 2015

Posts: 149

Quote:

Originally Posted by NotPhlying

Q3 results are out... was hoping for better results.

So Bankruptcy?

10-20-2022, 04:44 AM

#342

TransWorld

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Joined APC: Aug 2016

Position: Relaxed

Posts: 6,970

Quote:

Originally Posted by Scar09

So Bankruptcy?

Oh, the humanity. Things are always bad and will always get even worse. The world ended today, film at eleven.

10-20-2022, 04:44 AM

#343

ACEssXfer

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Joined APC: Oct 2013

Posts: 1,046

Quote:

Originally Posted by NotPhlying

Q3 results are out... was hoping for better results.

The results beat estimates by a massive margin. Almost 500 million profit and record revenue on 10% less capacity than pre-covid. 4th quarter estimates will have us turning a profit on the year despite losing like 1.5 billion in 1st quarter. DAL and UAL have better profits on less revenue but this is still a strong report from AA and good news.

Some day we will get competent mgmt to keep up with the other guys.

10-20-2022, 05:03 AM

#344

NotPhlying

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Joined APC: Jul 2021

Posts: 305

Quote:

Originally Posted by ACEssXfer

Agree. Strong enough to change the direction of our negotiations? Let's hope so.

10-20-2022, 05:04 AM

#345

NotPhlying

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Quote:

Originally Posted by Scar09

So Bankruptcy?

Not even close, nice try Mr. Positive.

10-20-2022, 06:18 AM

#346

Arado 234

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Joined APC: Nov 2013

Posts: 1,764

Quote:

Originally Posted by NotPhlying

Q3 results are out... was hoping for better results.

You have that much faith in our management?

10-20-2022, 06:48 AM

#347

NotPhlying

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Quote:

Originally Posted by Arado 234

You have that much faith in our management?

Not "that much" but I do have faith. It was a great Q3 for AA. I was hoping for a little more cash.. for negotiation sake.

10-20-2022, 10:02 AM

#348

ny797

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Joined APC: Apr 2020

Posts: 250

Quote:

Originally Posted by AllYourBaseAreB

Probably working 18-19 days in reality, and at the complete mercy of their schedulers, with no idea what tomorrow will bring

Good. We’re still over a year away from a TA that has any chance of passing. If I were to put money on it I’d say closer to 2. That’s fine with me though, as what’s already been negotiated is crap and mostly concessionary (which is mind boggling to even think, but true.)