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05-19-2016 11:09 AM |
APA digs in its high heels.
Here is the latest from the Street from Ted Reed.
Quote:
American Pilots Union Says Carrier Still Won't Commit to Culture Change
After top leaders from American Airlines (AAL) and the Allied Pilots Association met Wednesday, pilots said they were decidedly underwhelmed and have seen no evidence of a promised culture change.
"To characterize the APA board of directors as underwhelmed by management's lack of any apparent plan for the long-promised culture change would be a gross understatement," the union, which represents 15,000 American pilots, said late Tuesday in an email newsletter to members.
"The meeting was called to discuss your union leadership's concerns regarding culture change -- specifically, the lack thereof -- that is negatively affecting our pilot group and airline," the letter said. "In discussions after the meeting, the board consensus was that management's dismissive response cast considerable doubt on prospects for lasting change."
Pilot leaders expressed disappointment even though American CEO Doug Parker said in March that the airline would offer profit-sharing to more than 110,00 employees, even though the company's labor contracts don't require it. The APA board continues to review details and implications of the plan and hasn't issued a formal response.
The APA board met Tuesday with Parker, President Scott Kirby and executive vice presidents Robert Isom and Elise Eberwein in a closed session.
As an example of the reason for pilot restiveness, the letter noted that "management reaffirmed its view that departure at D-0 is a centralized command decision," reaffirming a commitment to pushbacks from the gate at exactly the scheduled time, which deprives pilots of the ability to make decisions that might, for instance, enable a brief delay to accommodate late arriving passengers.
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