Envoy 2019
#1141
Gets Weekends Off
Joined: Nov 2017
Posts: 396
Likes: 0
From: Upright
Big fear grenades tossed today, with zero supporting details beyond, "If it happened at Eastern it could happen to AA."
Anything is possible but with load factors the way they are I don't see a third of the fleet going away. Once the economy takes a hit of course some planes will get parked that's the cyclical nature of the business.
-Keep the dirty side down
Anything is possible but with load factors the way they are I don't see a third of the fleet going away. Once the economy takes a hit of course some planes will get parked that's the cyclical nature of the business.
-Keep the dirty side down
I am not at all saying AA can't make it going forward. They WILL make it, and aren't going anywhere. They will become a smaller, leaner, more efficient and profitable machine.
They will do this through BK; renegotiating purchase and lease contracts, writing down debt, crushing the pension plan and putting it on the backs of the taxpayers through the PBGC, and undercutting labor and the unions. Nothing new here.
You have to understand that BK, unlike for individuals, is a business tool that is more freely wielded these days. When the downturn comes, do you honestly think AA is going to be the "benevolent corporation", service all that debt in a declining economy, and take care of their creditors and shareholders when they absolutely do not have to, and can easily make their case to a bankruptcy court? YGBSM!
DP knows he is out in a couple years. He will take AA through BK, trim it down, reduce costs, and increase efficiencies. He will take his golden parachute and turn over a much stronger company to his replacement. He walks away the "bad guy", and leaves the new guy in a great position to take AA into the future.
It's just business.
Last edited by CrowneVic; 05-28-2019 at 03:47 PM.
#1143
In a land of unicorns
Joined: Apr 2014
Posts: 7,072
Likes: 102
From: Whale FO
#1145
Gets Weekends Off
Joined: Nov 2017
Posts: 396
Likes: 0
From: Upright
#1147
Line Holder
Joined: Mar 2019
Posts: 48
Likes: 0
From: Airbus Driver
#1149
Gets Weekends Off
Joined: Nov 2017
Posts: 396
Likes: 0
From: Upright
Pisxing off the mechs is right out of the Frank Lorenzo playbook. He did the same thing to the different labor groups at EAL hoping to cause division and internal strife. Divide and conquer mentality.
You guys are already at a disadvantage, and DP knows this. APA is not what it was. TW pisxed at AA, AW pisxed at US, TW, AW, and US all pisxed at APA. He smells blood in the water. Know the enemy (division), work out your differences, and be strong!
Mechs are the first step. Watch for the next group to get ****ed, then start being played off against one another. It’s a slow process, but already in motion.
Interesting to watch it all play out - again, again, and again, as if it’s the very first time.
Institutional memory is short in this country.
Last edited by CrowneVic; 05-29-2019 at 06:37 AM.
#1150
Gets Weekends Off
Joined: Mar 2017
Posts: 4,174
Likes: 157
Right on. Like it!
Pisxing off the mechs is right out of the Frank Lorenzo playbook. He did the same thing to the different labor groups at EAL hoping to cause division and internal strife. Divide and conquer mentality.
You guys are already at a disadvantage, and DP knows this. APA is not what it was. TW pisxed at AA, AW pisxed at US, TW, AW, and US all pisxed at APA. He smells blood in the water. Know the enemy (division), work out your differences, and be strong!
Mechs are the first step. Watch for the next group to get ****ed, then start being played off against one another. It’s a slow process, but already in motion.
Interesting to watch it all play out - again, again, and again, as if it’s the very first time.
Institutional memory is short in this country.
Pisxing off the mechs is right out of the Frank Lorenzo playbook. He did the same thing to the different labor groups at EAL hoping to cause division and internal strife. Divide and conquer mentality.
You guys are already at a disadvantage, and DP knows this. APA is not what it was. TW pisxed at AA, AW pisxed at US, TW, AW, and US all pisxed at APA. He smells blood in the water. Know the enemy (division), work out your differences, and be strong!
Mechs are the first step. Watch for the next group to get ****ed, then start being played off against one another. It’s a slow process, but already in motion.
Interesting to watch it all play out - again, again, and again, as if it’s the very first time.
Institutional memory is short in this country.
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