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Old 11-20-2014 | 10:27 AM
  #751  
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Originally Posted by justjack
Doug Parker does not "effectively" or in any other way own the company. He did not purchase it or work all his life to build the business or even inherit it. He is a CEO. Nothing more. What difference does it make to me if he can make money when I get the same amount no matter what. The days of needing good management to keep a company out of bankruptcy are in the past. This does not speak to my work ethic, but rather my humanity. "Close to home." Apparently you did not read my reply with evidence of my "work ethic." No that's not it. This is a non apology. Can you be even more insulting. So you won't apologize. You are going to stand by that statement. (“I find it beyond childish that folks in the top couple % of income earners in the US lack the work ethic of those making $10/hr working at grocery stores however.”) Which just BTW is also insulting to the $10/hr workers.
If the company doesn't make money you go bankrupt. When that happens, labor loses much more than just "DAL + x%".

The best thing we can hope for is a wildly successful company that absolutely mints money.

Let that comment go. If you are that person, that yes I was talking to you. If not, then don't let it bother you.
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Old 11-20-2014 | 10:29 AM
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Originally Posted by justjack
I am interested as to how Parker will ever back peddle out of this statement. (100,000 people whose efforts don't matter to profits can't solve that problem) I think this was a huge mistake on his part to say this in public. I think the next thing we will see is him trying to rephrase this- but we need to remember that this is how he really feels. He said it. He meant it. We need to hold his feet to the flames for it.
I cannot comprehend how he'll get out of that. That's that "first impression" thing I talked about. The first time you met someone and if he called you an ***hole, would you ever get that out of your mind ?

I don't think that's the worst part. The worst part is what it TRULY reveals about him. You see, because given what he HAS presented about himself, if he said he was sorry, would you believe it ?

I certainly wouldn't.
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Old 11-20-2014 | 10:30 AM
  #753  
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Originally Posted by justjack
I am interested as to how Parker will ever back peddle out of this statement. (100,000 people whose efforts don't matter to profits can't solve that problem) I think this was a huge mistake on his part to say this in public. I think the next thing we will see is him trying to rephrase this- but we need to remember that this is how he really feels. He said it. He meant it. We need to hold his feet to the flames for it.
Certainly an unfortunate turn of events, especially at a critical juncture.

That said, it seems to have had the effect of unifying the collective group.
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Old 11-20-2014 | 11:49 AM
  #754  
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Originally Posted by eaglefly
Wow, it looks like 100,000 employees aren't the only ones who could get stiffed. The city of Ft. Worth supported the merger based in part on Parker's promises it would stay as the headquarters. Now, after one year, Parker is mulling over a move elsewhere. Not surprising considering the last week or so.

I wonder how that anti-union hack Schnurman will spin this one ?

Going to be tough to blame the unions for this, but I'll bet he'll find an angle. Ft. Worth must feel as betrayed as we do. Probably just strong-arming them for tax benefits or cost reductions. I wonder if Glass is handling that too ? Oh well, Just another sad footnote of the future of AA is my guess.
I don't know where you heard this, but the headquarters isn't going anywhere. They are building a new HQ facility in Ft. Worth as we speak.
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Old 11-20-2014 | 11:53 AM
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Originally Posted by texaspilot76
I don't know where you heard this, but the headquarters isn't going anywhere. They are building a new HQ facility in Ft. Worth as we speak.
CEO Doug Parker says American doing preliminary review of headquarters space including sites outside Fort Worth.

https://twitter.com/stevekasko/statu...45781608554497
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Old 11-20-2014 | 11:56 AM
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And what sites outside Ft. Worth? Dallas, Arlington, Grapevine?

Hard to believe they would start building a new facility if they were moving elsewhere.
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Old 11-20-2014 | 12:03 PM
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Just found this. If they move, it will still be in the metroplex, so no loss.

American Airlines Mulls Headquarters Move Year After Merger - Bloomberg
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Old 11-20-2014 | 12:03 PM
  #758  
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Something else to consider when weighing the final decision, assuming the BOD doesn't just tell the company to pound sand and some kind of agreement is reached:

I've been reading about how we'd be giving concessions, and that by going to arbitration, we won't give any concessions. But that's not entirely true. Unfortunately, we'll be giving away things in arbitration too, things that no one is really talking about much.

We agreed to uniform allowances and paid moves, which are great. But arbitration will remove those items.

And one of the bigger items that no one is really bringing up is first year pay. Guys are complaining that they are being thrown under the bus and might have to do up to four midnight sims a year, or upset that they might have to fly both international and domestic schedules. But no one seems too concerned that we're going to hire upwards of 3,000 people over the course of this contract, and we're going to make all of them go through a year of regional pay, while their peers at Delta and United are sitting comfortably at $70+ per hour.

That's a lot to give up, even if it doesn't really affect us. And in 2-3 years, you can bet there will be people who will have to choose between 2 and 3 different employment offers. Why would they stay at AA to just try and not go bankrupt their first year?

Just something else to consider in the big picture.
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Old 11-20-2014 | 12:05 PM
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Originally Posted by texaspilot76
Just found this. If they move, it will still be in the metroplex, so no loss.

American Airlines Mulls Headquarters Move Year After Merger - Bloomberg
Tell that to FT. Worth.
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Old 11-20-2014 | 12:11 PM
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Originally Posted by texaspilot76
Just found this. If they move, it will still be in the metroplex, so no loss.

American Airlines Mulls Headquarters Move Year After Merger - Bloomberg
Is he wearing a tie?!?
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