More record earnings, here's a quick quote from American's quarterly report, suddenly Richard doesn't look like such a genius any more, if these guys are spitting out the same numbers prior to their full integration.

Oh, and despite all the dire claims from AA's management, that their Pilots had to flush their retirement plan or else they'd liquidate, um...seems they survived after all, and they kept their retirements:

Eps 0.65 vs est 0.48

Today we announced our first quarter 2014 financial results. Like last quarter, we’ll compare year-over-year results for American Airlines and US Airways on a combined basis, which is a non-GAAP (Generally Accepted Accounting Principle) formulation using AMR Corporation and US Airways Group. We’ll continue to report our results on a non-GAAP basis until 2015 when we have a true apples-to-apples comparison of our performance on a year-over-year basis. On to the numbers!

For the first quarter, I’m pleased to report a record first quarter net profit of $402 million excluding net special credits. In the entire history of American Airlines, we have never earned $400 million in the first three months of a year, but in the first three months since the merger, we did. This is up significantly from a combined non-GAAP net profit of $62 million excluding net special charges for the same period of 2013.

I based my numbers on the non frozen plan. My frozen numbers were about the same as you. I would not trade what I have now to go back to the DB plan.

American's DB plan was well funded. There was no legal basis at all for its termination. It was not even considered in distress. Other then a few verbal statements no attempt was made to terminate the plan since it would not meet any legal test. Our plan was in a very different financial situation.

I know that. I was just pointing out the fact that they are making nearly as much as Delta is...and they still have their retirement plans.

Do you remember why American Airlines, one of the Founding members of ALPA, left ALPA?

AMR intended to terminate the DB plan. For many reasons they were not successful: labor resistance, cash on hand, plan funding level PBGC resistance.

http://aviationblog.dallasnews.com/2...t-missed.html/

I have a trip on the 26th that isn't on my timecard. Likewise, all the trips in open time on the 26th show as 0:00 credit on the first line and full credit on the second (ie. they look like a spill trip). Delta IT strikes again....

We are talking about 2 different plans. The program I responding to was the stock we received via SLOA 19. That is the stock many believe we were allocated at around $4 per share, but only after Athena couldn't/didn't sell it when they first took control of it in the teens.

My trip that starts on the 26th isn't on my card either.

All in your name? Are you including PBGC money? Think they have vaults containing money for each individual?

DAL $444 profit
AAL close to $400 profit
LUV $126M profit
UAL $609M loss.... ouch. Smisek is the worst CEO outside of Obama.