AAG reports record Q4/Full year profit
#13
Gets Weekends Off
Joined APC: Nov 2014
Posts: 143
#14
2015
Mainline shrinks by -30
Regional grows by +28
In 2015, the Company expects to increase its regional fleet size by 21 CRJ900 aircraft and 29 E175 aircraft. The Company expects to remove and park 21 ERJ140 aircraft and retire 1 Dash 8-100 aircraft.
In 2015, the Company expects to take delivery of 74 mainline aircraft including 7 A319 aircraft, 35 A321 aircraft, 18 737-800 aircraft, 2 777-300ER aircraft, and 12 787-8 aircraft. In addition, the Company expects to retire 104 aircraft, including 9 A320 aircraft, 37 757 aircraft, 6 767-200 aircraft, 9 767-300 aircraft and 43 MD80s by the end of 2015.
+$3 billion in stock buybacks (2014-2016)
-$1.2 billion saved in 2014 from no profit sharing
Shifting of money from one party to another. Employees --> Shareholders
American Airlines Plans $2 Billion Buyback as Fuel Drops - Businessweek
Mainline shrinks by -30
Regional grows by +28
In 2015, the Company expects to increase its regional fleet size by 21 CRJ900 aircraft and 29 E175 aircraft. The Company expects to remove and park 21 ERJ140 aircraft and retire 1 Dash 8-100 aircraft.
In 2015, the Company expects to take delivery of 74 mainline aircraft including 7 A319 aircraft, 35 A321 aircraft, 18 737-800 aircraft, 2 777-300ER aircraft, and 12 787-8 aircraft. In addition, the Company expects to retire 104 aircraft, including 9 A320 aircraft, 37 757 aircraft, 6 767-200 aircraft, 9 767-300 aircraft and 43 MD80s by the end of 2015.
+$3 billion in stock buybacks (2014-2016)
-$1.2 billion saved in 2014 from no profit sharing
Shifting of money from one party to another. Employees --> Shareholders
American Airlines Plans $2 Billion Buyback as Fuel Drops - Businessweek
#15
New Hire
Joined APC: Mar 2011
Posts: 8
As I listen live to the earnings announcement, I am heartened somewhat that two FAs so far have stood up and challenged Doug on profit sharing. I'm impressed. It would be nice if he feels this pressure from a variety of groups (including ours). Of course Doug is repeating the same drivel as in the past but.......Kudos to the two FAs.
#17
Line Holder
Joined APC: Jul 2014
Posts: 71
I hope I'm just hearing a vocal minority that are voting yes, but I doubt it.
#18
New Hire
Joined APC: Mar 2011
Posts: 8
They are going to get it without even having to spend that 4%. No trojan horse either. The pilots of the New American are opening the city walls and welcoming the destruction. Ooh, piece of candy...
I hope I'm just hearing a vocal minority that are voting yes, but I doubt it.
I hope I'm just hearing a vocal minority that are voting yes, but I doubt it.
#19
Banned
Joined APC: Dec 2009
Position: Narrow/Left Wide/Right
Posts: 3,655
It's funny how corporations always seem to buy back at high prices but issue when lower value. Seem to be perineal bad investors.
#20
Banned
Joined APC: Aug 2014
Position: A320 F/O
Posts: 442
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