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Envoy Airlines Regional Airline

Profit Sharing

Old 03-09-2019, 03:57 PM
  #11  
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I really wish they would stop trying to play lowest bidder with Spirit and Southwest. I really think we need to aim higher.
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Old 03-09-2019, 04:00 PM
  #12  
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https://www.fool.com/investing/2018/06/10/american-airlines-ceo-doug-parker-is-deep-in-a-mes.aspx
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Old 03-09-2019, 04:10 PM
  #13  
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Originally Posted by SoFloFlyer View Post
What’s the difference in profit sharing from Envoy to AA mainline? Buddy of mine showed me his profit sharing from mainline and it was seriously disappointing. You’d think that mainline would get more than $1500.
It's all based on your income. A junior Envoy CA and a first year AA FO very well may have similar payouts. Delta pays out substantially more to its pilot group because they get a much bigger slice of the pie while AAG dishes out slices to every single employee at AA, PDT, PSA and Envoy.
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Old 03-09-2019, 04:12 PM
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https://viewfromthewing.boardingarea.com/2019/03/05/financial-analyst-asks-americans-ceo-maybe-your-revenue-lags-because-your-product-is-poor/

I laughed at this. I wish Parker would have acknowledged it instead of changing the subject.
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Old 03-10-2019, 04:05 AM
  #15  
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My read on all this is AA is letting go of Delta’s coattails somewhat and grabbing onto Allegiant’s, only still capacity dumping and doing fortress hubs.

AA shas the best food, for now.
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Old 03-10-2019, 04:22 AM
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Originally Posted by Jamesthunder View Post
https://www.fool.com/investing/2018/06/10/american-airlines-ceo-doug-parker-is-deep-in-a-mes.aspx
This is extremely old news
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Old 03-10-2019, 06:23 AM
  #17  
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The contract is already in renegotiation to be opened up later this year. Should see improvements.
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Old 03-10-2019, 06:28 AM
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I have said this in multiple places as this was my life for 5 years before coming to Envoy, but AA has more ASM overlap with the ULCC airlines than either DL or UA combined. When AA was not matching ULCC pricing, AA was losing considerable market share at the expense of revenue...even though we were taking yields that where in parity with DL+UA.

Now the issue is we have gone too much the other way...and it seems that now our high yielding passengers are no longer willing to give us the higher yields that they are on DL+UA. That being said, with our stock at ~35/share - Wall Street is asking questions and will demand change...otherwise they will force change.

I still have every confidence in AA, and look forward to working there in the future.

I am not going to comment on the debt as I never worked in treasury or capital planning...but you don't buy 500+ aircraft and expect to be debt free.
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