AA 231 million profit for the year
#21
I have flown with hundreds of mil types and 90% are smart enough to realize that mgt does not have their best interests in mind.
Shackone- GMAFB; I don't think you are a pilot. If you really are, you would know that it is managements responsiblity to productively use their talent pool. If they are paying people to stay home- they are screwing up. I have always been glad to get paid to stay home but I guarantee if you average my hourly rate for all the years paying my dues, studying, furloughed and working 12 to 24 hr days, then management still owes me.
While you are doing the basic math of the insane labor rates, do a historical inflation adjusted cost of a ticket vice current rates. Then you will understand how we are underpaid.
Aside from that, at United PBS is a train wreck. SSDD
Shackone- GMAFB; I don't think you are a pilot. If you really are, you would know that it is managements responsiblity to productively use their talent pool. If they are paying people to stay home- they are screwing up. I have always been glad to get paid to stay home but I guarantee if you average my hourly rate for all the years paying my dues, studying, furloughed and working 12 to 24 hr days, then management still owes me.
While you are doing the basic math of the insane labor rates, do a historical inflation adjusted cost of a ticket vice current rates. Then you will understand how we are underpaid.
Aside from that, at United PBS is a train wreck. SSDD
#22
Gets Weekends Off
Joined APC: Sep 2006
Position: Retired
Posts: 3,717
Agree with you on the reserve comments. My point was when the airlines are way overmanned you get guys getting a lot of pay with little work. I agree sitting around a crash pad away from home is WORK. I don't think the companies really looked at what reserve manning they really needed to fill the schedule and when business was good you could overhire and worry about the extra guys later.
#23
PBS was great when we had it. It would take me all of 2 minutes to put in the days off I wanted, with the layovers or 3-day trips I wanted. Paris, London, Maui or Honolulu...and frequently I'd get what I bid for. Two 3-day trips back to back, only 2 commutes, 12 days off work, 18 days off.
When AA bought us, I wqent back to looking thru phone-book sized bid packages, trying to sort out what I would bid. It took hours to accurately bid, and I hated it. It was like going back in time to my first airline job.
Time for AA (If APA helps manage it) to get some form of PBS; time to get off that unpaved, dirt access road that parallels the information superhighway!
When AA bought us, I wqent back to looking thru phone-book sized bid packages, trying to sort out what I would bid. It took hours to accurately bid, and I hated it. It was like going back in time to my first airline job.
Time for AA (If APA helps manage it) to get some form of PBS; time to get off that unpaved, dirt access road that parallels the information superhighway!
#24
Gets Weekends Off
Joined APC: Jul 2006
Posts: 2,889
PBS was great when we had it. It would take me all of 2 minutes to put in the days off I wanted, with the layovers or 3-day trips I wanted. Paris, London, Maui or Honolulu...and frequently I'd get what I bid for. Two 3-day trips back to back, only 2 commutes, 12 days off work, 18 days off.
When AA bought us, I wqent back to looking thru phone-book sized bid packages, trying to sort out what I would bid. It took hours to accurately bid, and I hated it. It was like going back in time to my first airline job.
Time for AA (If APA helps manage it) to get some form of PBS; time to get off that unpaved, dirt access road that parallels the information superhighway!
When AA bought us, I wqent back to looking thru phone-book sized bid packages, trying to sort out what I would bid. It took hours to accurately bid, and I hated it. It was like going back in time to my first airline job.
Time for AA (If APA helps manage it) to get some form of PBS; time to get off that unpaved, dirt access road that parallels the information superhighway!
#25
As of Jan 23,2007
On an earnings call last week, AMR chief financial officer Thomas Horton told analysts that repairing AMR's debt-heavy balance sheet "is a big priority" for the company.
"We made a lot of progress in 2006, and we are going to keep working on that in 2007," he said.
AMR reduced its total debt from $20.1 billion at the end of 2005 to $18.4 billion on Dec. 31. Net debt – its debt, minus unrestricted cash and short-term investments – dropped to $13.6 billion from $16.3 billion during 2006.
On an earnings call last week, AMR chief financial officer Thomas Horton told analysts that repairing AMR's debt-heavy balance sheet "is a big priority" for the company.
"We made a lot of progress in 2006, and we are going to keep working on that in 2007," he said.
AMR reduced its total debt from $20.1 billion at the end of 2005 to $18.4 billion on Dec. 31. Net debt – its debt, minus unrestricted cash and short-term investments – dropped to $13.6 billion from $16.3 billion during 2006.
Thread
Thread Starter
Forum
Replies
Last Post