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Analyst says 20% probability of APA having to take a pay CUT!

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Analyst says 20% probability of APA having to take a pay CUT!

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Old 09-27-2007 | 06:48 AM
  #11  
HalinTexas's Avatar
Feeling blessed.
 
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From: Happily coasting in the left seat until it ends.
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The top 7 oil companies control less than 10% of the crude in the world.

The Age of Oil: The Mythology......
Leonardo Maugeri.

http://www.amazon.com/Age-Oil-Mythol...0904174&sr=8-1

Go blame your governments of the world, including the US no matter witch party is in power.
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Old 09-27-2007 | 07:32 AM
  #12  
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From: 757 Capt
Default 20% pay cut

Folks....

Being that the contract is amendable and doesn't expire, I would say that the chance of a paycut is exactly equal to the chance that AA declares bankruptcy and voids the pilot contract. I don't see any circumstances where the APA would vote to cut pay in any way, shape or form.

JMO

Pilot7576
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Old 09-27-2007 | 08:46 AM
  #13  
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Hi!

A couple of misconceptions:

The Iraq war has so far cost at least $2Trillion.

The demand for oil has basically equalled or exceeded the supply for about the last 6 months. If demand had quadrupled, God only knows what the price would be-at least $1000/barrel.

cliff
GRB
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Old 09-28-2007 | 07:19 AM
  #14  
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From: DFW A320 FO
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100% chance the analyst doesn't really have a clue.

My headline: APA likely to agree to temporary 100% paycut if management doesn't agree to pay raises.

Can you say strike?
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Old 09-28-2007 | 08:25 PM
  #15  
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Originally Posted by HalinTexas

including the US no matter witch party is in power.
What if the Warlock party is in power?
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Old 09-29-2007 | 03:47 AM
  #16  
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Originally Posted by ewrbasedpilot
How many refineries have been built with all these oil profits?
None, because nobody wants to have one in their backyard....yet they'll whine to the high heavens that gasoline and heating oil "costs too much".
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Old 09-29-2007 | 04:12 AM
  #17  
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From: 744 CA
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You speak the truth Boiler...its rampant in our society.... the "not in my backyard syndrome".....

Years ago I lived in NC for 10 years...the entire 10 years the govt of NC and the people argued over where to put a nuclear waste facility for the spent fuel rods from two LARGE nuclear plants in eastern NC.... 10 freaking years... they wanted cheap power ...but they wanted to ship the crap elsewhere.....unbelievable....

China and India are the demand hogs right now...... not the small demand growth in this country.
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Old 09-29-2007 | 04:32 AM
  #18  
China Visa Applicant
 
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From: Midfield downwind
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Originally Posted by av8r4aa
I can assure Jamie, with a 20 % paycut ,100% of the metal
WILL NOT MOVE!!!!!!!
Uhhh, it's not a 20% pay cut...it is a 20% chance of a pay cut.
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Old 09-29-2007 | 06:37 AM
  #19  
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From: SAABster
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I sure hope we don't get back to the times of 92-00 because those were bad times. especially with all of those trials...[/quote]

I hope your're not serious here. I want someone who things the Prez back then was the reason the economy was good, to post your 2 cents. I gotta tell ya, he did nothing to help or hurt the economy back then. Unless government passes crazy legislation (like income tax give backs Bush 2002-present) it's status quo. The Dens are Socialists by definition. They rob from the rich and give to the useless.
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Old 09-29-2007 | 08:52 AM
  #20  
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From: B-737 Pilot
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AA management really shouldn't **** off the APA in advance of Section 6 negotiations. Really breeds bad faith, don't you agree?
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