Will you help out Mesa...National Seniority list?
#101
Gets Weekends Off
Joined APC: Jun 2008
Position: Reclined
Posts: 2,168
Why should management agree to anything, the fools in the front seats keep dropping the brake on time, and getting from A to B on time.... and that's a fact from the DOT, based on their published on time performance. The pilots at that company are not union pilots, they may pay dues and carry a card, but that's it. Doesn't anybody there know how to go out and preflight an airplane? They are probably all waiting until the last flight of the day to write stuff up as well... 5 years in negotiations and the place is still running on time everyday??? GET REAL.
#102
Why should management agree to anything, the fools in the front seats keep dropping the brake on time, and getting from A to B on time.... and that's a fact from the DOT, based on their published on time performance. The pilots at that company are not union pilots, they may pay dues and carry a card, but that's it. Doesn't anybody there know how to go out and preflight an airplane? They are probably all waiting until the last flight of the day to write stuff up as well... 5 years in negotiations and the place is still running on time everyday??? GET REAL.
Also AE is not a money making machine. That company has been specifically used as a leverage tool against the AMR pilot group for contract negotiations and argued paycuts. If we used your definition I can't think of another regional that is helping the demise of of a mainline pilot group more than AE.
Last edited by ToiletDuck; 01-04-2009 at 07:40 AM.
#103
Gets Weekends Off
Joined APC: Jun 2008
Posts: 939
the search key is a wonderful function. When I get back from this out and back I will show you where you said it. If you don't delete it by then.
#104
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Joined APC: Jun 2008
Posts: 939
It's a little counter productive to do everything you can to help your company lose business which in turn gives less money to fight for. There is nothing about Eagle that is industry leading by any means. The contract is as middle of the road as they come.
Also AE is not a money making machine. That company has been specifically used as a leverage tool against the AMR pilot group for contract negotiations and argued paycuts. If we used your definition I can't think of another regional that is helping the demise of of a mainline pilot group more than AE.
Also AE is not a money making machine. That company has been specifically used as a leverage tool against the AMR pilot group for contract negotiations and argued paycuts. If we used your definition I can't think of another regional that is helping the demise of of a mainline pilot group more than AE.
THANK YOU!!!!!
but he won't admit it. He'll just revert back to name calling like on the playground.
#105
ar101610q.htm
In
October 2007, we announced that we were conducting a strategic value review
involving, among other things, AMR Eagle, our regional airline, American Beacon
Advisors, our investment advisory subsidiary and AAdvantage, our frequent flyer
program. The purpose of the review was to determine whether there existed the
potential for unlocking additional stockholder value with respect to one or more
of these strategic assets through some type of separation transaction. As a
result of this review, we announced on November 28, 2007 that we planned to
divest AMR Eagle.
October 2007, we announced that we were conducting a strategic value review
involving, among other things, AMR Eagle, our regional airline, American Beacon
Advisors, our investment advisory subsidiary and AAdvantage, our frequent flyer
program. The purpose of the review was to determine whether there existed the
potential for unlocking additional stockholder value with respect to one or more
of these strategic assets through some type of separation transaction. As a
result of this review, we announced on November 28, 2007 that we planned to
divest AMR Eagle.
In the
future, we may consider and engage in discussions with third parties regarding
the divestiture of AMR Eagle and other separation transactions, and we may
decide to proceed with one or more such transactions.
future, we may consider and engage in discussions with third parties regarding
the divestiture of AMR Eagle and other separation transactions, and we may
decide to proceed with one or more such transactions.
#107
Gets Weekends Off
Joined APC: Jun 2008
Position: Reclined
Posts: 2,168
Have you looked at any of the stockholders report to see how much Eagle profits each year.... after paying AMR $30 for a bag of ice, and $150 for the use of an APU (even if they don't use it).
That all being said... the end result in regards to Eagle is that you have made a fair description of the current situation.
So, how can we go about getting a national list?
my suggestions are that it starts at the top... and I understand ALPA has a committee working on this idea... correct?
so,
1 - Create an ALPA standard basic pilot contract.
2 - Include payscales for all types / categories of aircraft
3 - Change national by laws so that no MEC may ever accept less than
the ALPA basic pilot contract
4 - Each MEC would remain free to negotiate above the basic contract
just nothig below.... without National approval (covers ch.11 stuff)
5 - Build scope to not just protect your flying, but prohibit you from
flying somebody elses equipment & routes
6 - create a national list to be effective on XXXX date for all new hires
7 - Legacy pilots remain as they are with company seniority, and if ever
furloughed - transfered - merged - bought they go ahead of all
national list pilots, and are either stapled or merged through
negotiation
This would provide more protection than all current flying pilots currently have, and allow the implmentation of a national list. Eventually, when all of us are gone, the only people left will be the national list folks. We will have taken a huge step to restoring the profession without hurting ourselves in the process.
Last edited by Mason32; 01-04-2009 at 08:44 AM.
#108
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Joined APC: Jun 2008
Position: Reclined
Posts: 2,168
I don't expect name calling but I do expect a "if you did a little research". I'll make it easy.
ar101610q.htm
Basically saying "Hey we need to make our company more valuable. Lets sell Eagle". They were doing it to boost the value by off loading the expensive regional. If AE were making money hand over fist as he argues they wouldn't be sold. They'd be a positive force on the revenue stream. After the market started to take a dive they canceled the sell because they wouldn't be worth much. Once the market returns they will be back on the chopping block.
ar101610q.htm
Basically saying "Hey we need to make our company more valuable. Lets sell Eagle". They were doing it to boost the value by off loading the expensive regional. If AE were making money hand over fist as he argues they wouldn't be sold. They'd be a positive force on the revenue stream. After the market started to take a dive they canceled the sell because they wouldn't be worth much. Once the market returns they will be back on the chopping block.
I think you are quoting cut and pasted sections from company releases...
or something old. At the time, I did not know how to use the quoting functions very well. My fault.
#109
1. You're only as good as your current contract. Whether it's 1 week or 12yrs old.
2. While I don't like the Midex situation the airline would not exist at all without the help of RAH. Like or not that's the situation life dealt.
3. Regionals are regionals and how their dealings effects on the markets are no different from one another. A wholly owned or contractor both do the same job and contribute to the same demise or growth at the mainline level. The reason AE is different is because AMR has used them in the past as a money hiding vehicle. By sliding money between the two companies as needed AMR has tried to push for concessions using falsified information/numbers. The numbers you mentioned, ie $30 for ice, are exactly that. They are all owned by the same parent company and it's just money being slid around. AMR is in a tight spot with the amount of debt they have/will have vs. money on hand. They need to show all the revenue they can coming in at this point in time so they show AE as a nice revenue stream that's flowing uphill(the apu fees, ice fees, etc all money going to AMR). Once AMR starts making money again don't be surprised if you start seeing that money flow back downhill to AE to help ease it's debt and make it an easier target for a sale. AMR needs AE at the moment to help it "pad the books".
2. While I don't like the Midex situation the airline would not exist at all without the help of RAH. Like or not that's the situation life dealt.
3. Regionals are regionals and how their dealings effects on the markets are no different from one another. A wholly owned or contractor both do the same job and contribute to the same demise or growth at the mainline level. The reason AE is different is because AMR has used them in the past as a money hiding vehicle. By sliding money between the two companies as needed AMR has tried to push for concessions using falsified information/numbers. The numbers you mentioned, ie $30 for ice, are exactly that. They are all owned by the same parent company and it's just money being slid around. AMR is in a tight spot with the amount of debt they have/will have vs. money on hand. They need to show all the revenue they can coming in at this point in time so they show AE as a nice revenue stream that's flowing uphill(the apu fees, ice fees, etc all money going to AMR). Once AMR starts making money again don't be surprised if you start seeing that money flow back downhill to AE to help ease it's debt and make it an easier target for a sale. AMR needs AE at the moment to help it "pad the books".
#110
Gets Weekends Off
Joined APC: Jun 2008
Position: Reclined
Posts: 2,168
The reason AE is different is because AMR has used them in the past as a money hiding vehicle. By sliding money between the two companies as needed AMR has tried to push for concessions using falsified information/numbers. The numbers you mentioned, ie $30 for ice, are exactly that. They are all owned by the same parent company and it's just money being slid around.
Even if they do begin accepting new aircraft, that is a very different kind of debt - capital expenditure - and is amortized in the most effective way to benefit AMR. With the cost of keeping the MD's flying mx wise, the outlay for new planes with initial warranty mx, off warranty reduced mx costs, and even cheaper fuel burn will all but make the cost of new birds a non issue for them.
They need to show all the revenue they can coming in at this point in time so they show AE as a nice revenue stream that's flowing uphill(the apu fees, ice fees, etc all money going to AMR). Once AMR starts making money again don't be surprised if you start seeing that money flow back downhill to AE to help ease it's debt and make it an easier target for a sale. AMR needs AE at the moment to help it "pad the books".
That being said, a spin off to existing shareholders would not be out of the question. It would free Eagle to grow in other directions, or at least one of their certificates to grow in other directions... and since AMR has been busy spinning everything else off the only asset remaining by 2013 will be AA owned by AMR.... everything else being spun off to existing shareholders... or sold outright and leased back to pull the cash out and have yet another deduction for the lease.... effectively they all end up seperate companies but owned and/or operated by the same folks... at that time the will run AA bankrupt and beat all AA unions into regional work rules and compensation.
It may not be common knowledge on these forums, but at places such as Yale, Harvard and a few other Ivy League Schools AMR is used in the MBA program as a business model for how to manage evreything from bank accounts, contractors and employees. They study how AMR pitches one group against another, always keeping every union busy with grievances, and arbitrations and heavy on legal fees... the end result being that by the time the workforce notices something, the train hasn't just left the sation, it's already past you. They even review the Federal appeals courts ruling over AMR's offshore accounts not being subject to IRS or other federal review. It truly is a scary corporation.
You almost have to wonder if it isn't this kind of teaching mentality over the years led to the private banking sector being run much like the airlines always have... bled for everything they could take, and then cry for a bailout.
Now, can we get back to the National List Ideas ?
Last edited by Mason32; 01-04-2009 at 11:31 AM.
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