American posts 1.9B profit
#21
Gets Weekends Off
Joined APC: Nov 2011
Position: A320 Capt
Posts: 5,293
Ahhhhhhhh ok hummmm I said the post was about how well the new company was dong and you said no it wasnt it was about profit. I know that reading is not really one of your strong suits but I do like to read and I beg to differ on your opinion. This according to the new CEO of American, "We have much work ahead, but believe we are on our way to restoring American as the greatest airline in the world,: said CEO Doug Parker in a statement.”These financial results are evidence of the strong foundation we have in place and we anticipate improving upon these results as we further integrate our operations in 2014."
I dont know maybe its just me but this seem to be more that just about hey we made a profit. It seems more like the new company is doing well. I think it will benefit you greatly in the future to read a little more before you make accusation.
WD at AWA
I dont know maybe its just me but this seem to be more that just about hey we made a profit. It seems more like the new company is doing well. I think it will benefit you greatly in the future to read a little more before you make accusation.
WD at AWA
The thread title is "American posts 1.9B profit". Bigwood asked a simple question that is directly related to profit, not nearly the thread creep that usually happens around here. You called him out as if it were an EAST thing. He had a question. East and west get profit sharing. Get a clue.
The title of the thread is profit based and the main topic of the article was about the combined profit. Your quote is from the end of the article, and about what we have to do going forward.
Last edited by R57 relay; 01-30-2014 at 04:23 PM.
#22
If Parker didn't care about service before, I think that will change. We've already made a statement with the Airbii transcon configurations. And despite our service the last few years, AA has traditionally been known as a "premium" carrier.
I don't know about you guys, but I'd like to see us return to that. The public is SICK of the cattle car treatment, they're tired of being treated like meat on a hook. I think the market is there.
I'd like to see the nickle and dime fees go away, but they are with us forever... there's too much money to be made, and less taxes to pay.
I don't know about you guys, but I'd like to see us return to that. The public is SICK of the cattle car treatment, they're tired of being treated like meat on a hook. I think the market is there.
I'd like to see the nickle and dime fees go away, but they are with us forever... there's too much money to be made, and less taxes to pay.
#23
I'd like to see this as well. Think a whole lot of this is FA dependent. A new culture needs to be developed.
#24
Flies With The Hat On
Joined APC: Aug 2006
Position: Right of the Left Seat
Posts: 1,339
Al,
Thanks for posting this. I'm amazed that no one else has commented. This airline is in an incredible healthy position as it emerges from bankruptcy. The new AAL has over 10 Billion dollars in cash, enough that the shareholders believe that it is an excess for operations and would like to see some of it returned. On top of that, revenues will continue to increase due to fees and rising ticket prices stemming from greater demand but continued flat to slightly higher capacity.
What caught my attention was that in the quarterly conference call Doug answered an analysts question stating that to contract for the pilots was complete. We are all chipping in our two cents on how the SLI should be done, something that is mostly out of our control, but maybe what we should be doing is contacting our reps and suggesting what we would like to see in the JCBA. We should make sure that the JCBA is on our reps minds and possible remind those who we will be negotiating with. In a world of revenue growth and continued record profits in for the foreseeable future we may never have a better opportunity to negotiate a fair piece of this success. The MOU may have been a good start but it may be a small drop in the bucket in the long term.
Thanks for posting this. I'm amazed that no one else has commented. This airline is in an incredible healthy position as it emerges from bankruptcy. The new AAL has over 10 Billion dollars in cash, enough that the shareholders believe that it is an excess for operations and would like to see some of it returned. On top of that, revenues will continue to increase due to fees and rising ticket prices stemming from greater demand but continued flat to slightly higher capacity.
What caught my attention was that in the quarterly conference call Doug answered an analysts question stating that to contract for the pilots was complete. We are all chipping in our two cents on how the SLI should be done, something that is mostly out of our control, but maybe what we should be doing is contacting our reps and suggesting what we would like to see in the JCBA. We should make sure that the JCBA is on our reps minds and possible remind those who we will be negotiating with. In a world of revenue growth and continued record profits in for the foreseeable future we may never have a better opportunity to negotiate a fair piece of this success. The MOU may have been a good start but it may be a small drop in the bucket in the long term.
Any thoughts on AAL's debt structure relative to our piers?
High-Flying, High-Debt Airlines Will Be Forced Back Down to Earth, Again | Benzinga
Older numbers:
Saturday, February 26, 2011:
Total Debt/Capital - Interest Coverage - Name of Company
154.9% - 0.4 - American Airlines (AA) - AMR Corporation
133.3% - 2.1- United Continental (UA)
98.1% - 2.4 - US Airways (US)
94.5% - 2.2 - Delta Air Lines (DL)
83.8% - 1.0 - Republic Airways Holdings - Frontier Airlines (F9), Midwest Airlines (YX), Republic Airlines (RW)
Top 5 airlines with the most debt - National Airlines/Airport | Examiner.com154.9% - 0.4 - American Airlines (AA) - AMR Corporation
133.3% - 2.1- United Continental (UA)
98.1% - 2.4 - US Airways (US)
94.5% - 2.2 - Delta Air Lines (DL)
83.8% - 1.0 - Republic Airways Holdings - Frontier Airlines (F9), Midwest Airlines (YX), Republic Airlines (RW)
If Parker didn't care about service before, I think that will change. We've already made a statement with the Airbii transcon configurations. And despite our service the last few years, AA has traditionally been known as a "premium" carrier.
I don't know about you guys, but I'd like to see us return to that. The public is SICK of the cattle car treatment, they're tired of being treated like meat on a hook. I think the market is there.
I'd like to see the nickle and dime fees go away, but they are with us forever... there's too much money to be made, and less taxes to pay.
I don't know about you guys, but I'd like to see us return to that. The public is SICK of the cattle car treatment, they're tired of being treated like meat on a hook. I think the market is there.
I'd like to see the nickle and dime fees go away, but they are with us forever... there's too much money to be made, and less taxes to pay.
AAL one of the few remaining US carrier thats till over three classes of service on many of its routes. Parker has not indicated that this will be going away.
#25
#26
Let's cut to the chase. You are a.......
The thread title is "American posts 1.9B profit". Bigwood asked a simple question that is directly related to profit, not nearly the thread creep that usually happens around here. You called him out as if it were an EAST thing. He had a question. East and west get profit sharing. Get a clue.
The title of the thread is profit based and the main topic of the article was about the combined profit. Your quote is from the end of the article, and about what we have to do going forward.
The thread title is "American posts 1.9B profit". Bigwood asked a simple question that is directly related to profit, not nearly the thread creep that usually happens around here. You called him out as if it were an EAST thing. He had a question. East and west get profit sharing. Get a clue.
The title of the thread is profit based and the main topic of the article was about the combined profit. Your quote is from the end of the article, and about what we have to do going forward.
WD at AWA
#28
#29
Gets Weekends Off
Joined APC: Jan 2013
Posts: 294
There was, back in early to mid 2011. Pre BK. Then they decided to wrap EGL into the BK, to add to the offloaded debt. It's funny how in the court filings (to the SEC) to sell EGL, they said that EGL was very profitable, and provided a long term stable platform. Then, in a matter of months, all of a sudden EGL is bleeding money, and needed to take concessions ($43M from the pilot group alone during BK). Now they are coming back for more.
Thread
Thread Starter
Forum
Replies
Last Post