Clear Right

Not to be all gloom and doom, but AMR market cap is a little over 643 million, so for the low price of just over 322 million, somebody could own a 51% stake in AMR. I hope you all work something out soon, personally I would think an LCC tie-up with AMR would be ugly at best for the pilots.

As far as B6, that wouldn't be too bad, I guess, at least there are no wide body aircraft at B6, so it would only mostly affect your narrow body crowd if they were to merge in some relative way.

Xray678

Widebody captains would likely not be affected, but everyone else would be. A JB narrow body captain being merged in with an AA narrowbody captain will affect all the widebody FOs.

If merging one company that has no widebodies with another company that has a lot of widebodies, there should be fences. Long, tall fences. Otherwise they may as well hire someone off the street and put them in frront of you. The affect on your career progression would be the same.

Eric Stratton

Whatever Carl get over yourself. I read it to mean that if he got 25% and 7% a year he would start to think about what was offered. If that wasn't the case then good.

If you don't think there are people that will screw over junior pilots for the benefit of themselves all you have to do is take a look at your former NWA pilots and how compass was formed. You guys wrote in a contract worse than your bankruptcy one at NWA for compass pilots.

Gomerglideslope

I also think your attack on aa73 was out of line...and agree or disagree with Carl he is not out to "screw other pilots", he advocates tenaciously for the road he sees best for all...on this one I agree with him, go away.

stbloc

I love reading this. You guys are all holding out for the moon and you will end up with nothing. Once chapter 11 happens you will end up working with a USAIR type contract and your pension stripped. Time to man up and relize your company is in the wost financial shape of any large carrier. I understand the desire for a better contract this is not the time to be fight. I would worry about saving your job and pension first then fight another day.

aa73

Sorry... been there done that in 2003 (not that they would have filed BK, anyway - it was a typical AMR bluff and we fell for it.) What did they do with our concessions back then? "Pull Together Win Together..." for them. $100s of millions in bonuses paid out to management. Untold yearly losses. Broken business model that yielded losses. A whole fleet of MD80s parked due to gross maintenance shortcuts. Crappy customer service. Did I mention $$$millions in bonuses for all that "top talent?"

And you say we should save them?

I'll tell you what to save - your breath. Not gonna happen. They'll file for BK due to their own gross mismanagement of the company. And no amount of pilot concessions will save them. Never has, never will.

We're done giving these goons anything more. If we have to take concessions, we'd rather get them from the judge, not from these clowns.

Tomahawk, did you change your screen name?

80ktsClamp

Tomahawk58

Sorry, I'm still me, but it is good to see another voice of reason here.

All this bluster and chest pounding aside, the real losers will be those hoping for a career at AA and the folks in the right seat who will probably be there even longer. While there may be some captains posting here aside from myself, the majority of the discontent appear to be from FO's!

Again, I get all the angst and frustration due to the past decade of stagnation. That gentlemen and ladies is the nature of the business we all made a conscious decision to join. If one of you actually signed a "fairness" contract during your indoc, please post a copy here. We will either change, adapt, and seize future opportunities or there will be a different model going forward.

stbloc

When a stock fall to its current level they may have no choice. The market will determine AMR's future. The Market can unfortunately short them into BK. Come on, your are a smart guy. You honestly think management can dig you out of this 20 billion+ hole? The game is over. Goldman suggested filing in 2004 and they're right. AMR can not post a profit under its current model. They can no longer borrow money with out paying loan shark pricing. Sorry but its the reality.

EXTW

Right, and you think the APA giving a concessionary contract will help this? Not going to happen, no matter what you or Tomahawk would like, or is hired to influence the APA into.


EXTW