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Old 02-01-2012 | 08:30 AM
  #5211  
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Originally Posted by Stryker
AA to Cut Up to 15,000 Jobs | NBC 5 Dallas-Fort Worth

Man I REALLY didnt see this coming.... I love how we are the last to know...
I hope you forgot to put sarcasm in. If you were really surprised, then have you not payed attention to the last hundred BK's.
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Old 02-01-2012 | 08:36 AM
  #5212  
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No sarcasm needed.... The way they have been handling this so far, I didnt expect that many cuts (at least not this early).
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Old 02-01-2012 | 08:45 AM
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Originally Posted by Stryker
No sarcasm needed.... The way they have been handling this so far, I didnt expect that many cuts (at least not this early).
Multiply it by 4, and that should be the overall number when all is said and done.
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Old 02-01-2012 | 08:46 AM
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Originally Posted by Stryker
No sarcasm needed.... The way they have been handling this so far, I didnt expect that many cuts (at least not this early).
Any word on a number for pilots? 15k that could be across the board psa, rampers, maintence ,etc etc.

Wonder if AA and eagle would (F word) the same percentage of pilots?
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Old 02-01-2012 | 08:48 AM
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The article also stated that AMR lost $904,000,000 in December alone!
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Old 02-01-2012 | 09:00 AM
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Originally Posted by 450knotOffice
The article also stated that AMR lost $904,000,000 in December alone!
I'd like to see what is included in that number. How do you lose $1 billion in a month?

How many one time charges are in that figure???
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Old 02-01-2012 | 09:14 AM
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Originally Posted by The Chow
I'd like to see what is included in that number. How do you lose $1 billion in a month?

How many one time charges are in that figure???
Well, this is true. I'm sure AMR wants the situation to look as grim as possible, so as to attempt to cut as deep as can be.
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Old 02-01-2012 | 09:16 AM
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Originally Posted by The Chow
I'd like to see what is included in that number. How do you lose $1 billion in a month?

How many one time charges are in that figure???
As many as possible. As soon as bankruptcy was declared all the construction projects that were on hold suddenly came back to life. It was like the company wanted to waste as much money as possible. They have to make it look as bad as possible for the judge.
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Old 02-01-2012 | 09:17 AM
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Not sure how to take that last part, but this was posted on our restructuring page from Horton:

Fair and equitable - All workgroups will have total costs reduced by 20 percent, including management. While the savings from each work group will be achieved somewhat differently, each will experience the same percentage reduction.
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Old 02-01-2012 | 09:20 AM
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Someone on another forum posted that AMR wrote down well over 700 million dollars in aircraft.
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