Eagle AIP
#41
Gets Weekends Off
Joined: Apr 2013
Posts: 468
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Your assumption that you need to pay employees less to see more return is over simplified. Plus the fact that most people who own the stock probably don't even realize it, they are just part of a large pension or mutual fund.
The truth is an employee is as much or more of a stake holder in the company than a shareholder of the company. Concessions is just for the largest singular shareholders (top level brass) to cash in on their stock, options etc. All the folks invested via large funds will see pennies if that. It's a wealth transfer plain and simple.
The truth is an employee is as much or more of a stake holder in the company than a shareholder of the company. Concessions is just for the largest singular shareholders (top level brass) to cash in on their stock, options etc. All the folks invested via large funds will see pennies if that. It's a wealth transfer plain and simple.
Secondly, regarding public vs. private:
American Airlines Group Inc - AAL - Stock Quotes
"American Airlines Group Inc., formerly AMR Corporation, operates in the airline industry. The Company's principal subsidiary is American Airlines, Inc. (American). As of December 31, 2011, American provided scheduled jet service to approximately 160 destinations throughout North America, the Caribbean, Latin America, Europe and Asia. AMR Eagle Holding Corporation (AMR Eagle), a wholly owned subsidiary of the Company, owns two regional airlines, which do business as American Eagle-American Eagle Airlines, Inc. and Executive Airlines, Inc. (collectively, the American Eagle carriers). American also contracts with an independently owned regional airline, which does business as AmericanConnection (the AmericanConnection carrier). As of December 31, 2011, AMR Eagle operated approximately 1,500 daily departures, offering scheduled passenger service to over 175 destinations in North America, Mexico and the Caribbean."
#42
Gets Weekends Off
Joined: Mar 2006
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From: SFO Guppy CA
Management is not going to make a decision based on $100s of millions, for a contract that is only going to save them a couple of million dollars. The airplanes will go to whomever Management has already decided to give them to. Stay the course, don't give in!!!! Don't cut the legs out from underneath our XJT/ASA brothers and sisters!!!!
#43
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Joined: Feb 2006
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Management is not going to make a decision based on $100s of millions, for a contract that is only going to save them a couple of million dollars. The airplanes will go to whomever Management has already decided to give them to. Stay the course, don't give in!!!! Don't cut the legs out from underneath our XJT/ASA brothers and sisters!!!!
VOTE NO
#44
The order for the E jet was started at the end of this last summer and has almost been completely finalized. The rumor is that the final contract language is being delayed so as to attach actual 175 serial numbers promised by AAG to the agreement. In the event Eagle rejects the offer and AAG is unable to farm the flying out to another regional, or another FFD carrier is unable to offer their own 175s or staff new 175s courtesy of AAG... the remainder of the aircraft options are convertible to E-190/5s and could be delivered without interruption and on schedule to the new AAG. These would fall into the group 1 classification defined in the new section 3 at the new AAG.
#45
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Joined: Jan 2013
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Yeah it's so easy to get a job at a mainline why doesn't everyone do that?
#46
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Joined: Feb 2009
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From: emb-145 ca
We all know this is probably the best direction for the future value of all careers, but the pathway is the problem. No one has the pathway figured out, and management wants to make us all pay for it. So the big jets are coming, but how is career improvement going to come with them?
#48
Yeah, your job is just sitting there waiting for you at AA. And AA management is going to have all the Envoy guys step right to the front of the line after refusing these concessions... ??
We all know this is probably the best direction for the future value of all careers, but the pathway is the problem. No one has the pathway figured out, and management wants to make us all pay for it. So the big jets are coming, but how is career improvement going to come with them?
We all know this is probably the best direction for the future value of all careers, but the pathway is the problem. No one has the pathway figured out, and management wants to make us all pay for it. So the big jets are coming, but how is career improvement going to come with them?
#49
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Joined: Jan 2013
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Edit: I also find it funny you even bring up such a notion. If we vote this in AA will be so mad they'll never hire us but on the flip side if we vote no and we're on the street APA won't be riding in to save the day and offer us all jobs.
#50
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Joined: May 2009
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You think I'm advocating this contract, or think I agree? I'm simply putting out information that came directly from the shot callers.
I think the whole thing stinks but at the same time everyone needs to be well informed. You can not deny that management has fiduciary responsibility. If not they go to jail (i.e. Enron). And yes, they prey on that but it's not only limited to airlines, it's corporate america.
Vote yes, vote no...make a move and stick to it. But at least know the facts in a rational way. Try to think as others around you do and then you can know others motives and next move. It's a great negotiating tactic that management has mastered and we're just trying to play catch-up.
I think the whole thing stinks but at the same time everyone needs to be well informed. You can not deny that management has fiduciary responsibility. If not they go to jail (i.e. Enron). And yes, they prey on that but it's not only limited to airlines, it's corporate america.
Vote yes, vote no...make a move and stick to it. But at least know the facts in a rational way. Try to think as others around you do and then you can know others motives and next move. It's a great negotiating tactic that management has mastered and we're just trying to play catch-up.
What are you smoking? No management on the planet has ever gone to jail "(i.e. Enron)" for not forcing paycuts down their employees throats! Seriously, fiduciary duty to cut the pay of employees of a hugely profitable company with multiple billions in the bank???

The Enron debacle had NOTHING to do with paycuts for employees...
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