AMR Files For Bankruptcy
11-29-2011, 04:21 AM
#2
Line Holder
Joined APC: Sep 2009
Position: 73N Capt
Posts: 37
11-29-2011, 04:26 AM
#3
Runs with scissors
Joined APC: Dec 2009
Position: Going to hell in a bucket, but enjoying the ride .
Posts: 7,643
Ouch. Sorry guys, but at least you didn't give up 32.5% of your pay first, to stay out of bankruptcy.
Good luck, we all hope you fare well, but we all know why they filed, and it's not to pay pilots more.
Good luck, we all hope you fare well, but we all know why they filed, and it's not to pay pilots more.
11-29-2011, 04:35 AM
#6
Gets Weekends Off
Joined APC: Dec 2008
Position: CRJ
Posts: 267
American Airlines Parent AMR Corp. Files for Bankruptcy - Bloomberg
American Airlines parent AMR Corp. (AMR) filed for bankruptcy after failing to secure cost-cutting labor agreements and sitting out a round of mergers that dropped it from the world’s largest airline to No. 3 in the U.S.
Expect the pilot contract to resemble United's and Delta's. Let's hope it's more like Delta's.
American Airlines parent AMR Corp. (AMR) filed for bankruptcy after failing to secure cost-cutting labor agreements and sitting out a round of mergers that dropped it from the world’s largest airline to No. 3 in the U.S.
Expect the pilot contract to resemble United's and Delta's. Let's hope it's more like Delta's.
11-29-2011, 04:37 AM
#8
Gets Weekends Off
Joined APC: Feb 2007
Position: Right Seat
Posts: 1,458
Saw this coming for a long time. I'm surprised that there weren't more pilots retire that what did. Pensions will be good as gone now.
I sure hope APA doesn't cave as a result of this. Stay strong.
I sure hope APA doesn't cave as a result of this. Stay strong.
11-29-2011, 04:37 AM
#9
Runs with scissors
Joined APC: Dec 2009
Position: Going to hell in a bucket, but enjoying the ride .
Posts: 7,643
Originally Posted by InformationEcho
Mister Arpey "Retired" then they file for Chapter 11 protection, how nice.
Just like Anderson left NWA, then they filed, now Anderson is at DAL/NWA...with an 'unblemished' record. Nice work if you can get it.
So...who's next?
That only leaves One Major who has not (yet) filed Bankruptcy...and you know who that is.
And so begins the next round of "We'd like to pay you more but we have to lower our costs to compete with X, Y and Z."
11-29-2011, 04:46 AM
#10
Fore!
Joined APC: Jul 2008
Position: 756 F/O
Posts: 504
Originally Posted by Timbo
Just like Anderson left NWA, then they filed, now Anderson is at DAL/NWA...with an 'unblemished' record. Nice work if you can get it.
So...who's next?
That only leaves One Major who has not (yet) filed Bankruptcy...and you know who that is.
And so begins the next round of "We'd like to pay you more but we have to lower our costs to compete with X, Y and Z."
So...who's next?
That only leaves One Major who has not (yet) filed Bankruptcy...and you know who that is.
And so begins the next round of "We'd like to pay you more but we have to lower our costs to compete with X, Y and Z."
Thread
Thread Starter
Forum
Replies
Last Post
