AA Contract Proposal

[ackattacker]

http://www.businessweek.com/news/2011-11-15/american-offers-pilot-contract-calls-for-union-vote.html

Looks like creates a B-Scale for sub 125 seaters, but also improves scope.

Of course it includes the expanded code share which AA has been pushing for.

Any idea if it'll even go to vote?

 

[Neubyfly]

It wont go to vote.

 

[XTW]

No,no,no,no,no,no,no,no,no,no,no,no and no!

X

 

[shon7]

whats the other option - chap 11?

 

[johnsonrod]

Phil Lebouw on CNBC just said that AMR pilots would probably not take a pay cut now when a trip to Chapter 11 could be inevitable (where another pay cut would be likely from the lower rate). Looks like the stock is tanking due to predictions of Chap 11 in the near future...

Based on what I've seen, I wouldn't agree to anything now - I'd wait for Chap 11 to keep your current pay base as the negotiating level.

 

[jester757]

Phil Lebouw on CNBC just said that AMR pilots would probably not take a pay cut now when a trip to Chapter 11 could be inevitable (where another pay cut would be likely from the lower rate). Looks like the stock is tanking due to predictions of Chap 11 in the near future...

Based on what I've seen, I wouldn't agree to anything now - I'd wait for Chap 11 to keep your current pay base as the negotiating level.

This is a great point - we did this at DAL and took chap 11 cuts after we gave twice which SUCKED.

 

[aa73]

whats the other option - chap 11?

Well, let's see. We saved their a$$es from BK in 2003 with the current POS contract we have now. And today - SEVEN YEARS LATER - they're right back where they were in 2003. Of course! It's the pilots' fault!

If that doesn't spell MANAGEMENT INCOMPETENCE, I don't know what does. Everyone knows they are headed to BK anyway. I'll be darned if I'm giving one more iota to those goons. Let the Judge take it all away!

NO to Contract Offer
YES to Strike
FUPM!!

 

[ASA_Aviator]

Well, let's see. We saved their a$$es from BK in 2003 with the current POS contract we have now. And today - SEVEN YEARS LATER - they're right back where they were in 2003. Of course! It's the pilots' fault!

If that doesn't spell MANAGEMENT INCOMPETENCE, I don't know what does.

NO to Contract Offer
YES to Strike
FUPM!!

You can't have it both ways, either you can save bankruptcy with a concessionary contract (pilots do factor into bankruptcy), or a concessionary contract will not matter (pilots do not factor into the bankruptcy).

I don't have a dog in the fight. People just always spout off about how our salaries don't make or break the company. If that's true, then we also can't "save" the company by offering concessions.

 

[aa73]

You can't have it both ways, either you can save bankruptcy with a concessionary contract (pilots do factor into bankruptcy), or a concessionary contract will not matter (pilots do not factor into the bankruptcy).

I don't have a dog in the fight. People just always spout off about how our salaries don't make or break the company. If that's true, then we also can't "save" the company by offering concessions.

ASA - We gave them relief in 2003 BY PROVIDING MASSIVE CONCESSIONS. Did that give them sustained profitability? NO.
Now, 7 years later, they are in the same boat due to INCOMPETENT MANAGEMENT AND A BROKEN BUSINESS MODEL.

We could take another 50% pay cut AND THEY'D STILL LOSE MONEY!

It is not our job to save them from BK! They will file regardless of what we get, if they choose that route.

 

[magrs]

Good on ya AA73..now only if the rest of the bunch would follow this lead, perhaps we can regain some semblance of a career!

Arpey will be gone if they declare IMO, adn the pilots will fare much better in BK court given their previous concessions. While I don't think APA will even come close to their requested 30%, a nice 15% across the board raise will help ease the bankruptcy pains. By the way, with them even offering up the 3-1-1-1, they paint themselves into a corner where "we can't afford any raises" loses all credibility.

In BK court, they'll;

Dump the pensions (good thing)
renogiate leases and such (good thing)
dump management (one can hope...good thing)
get scope leniency (good and bad)

 

[superatr]

Turn out the lights...

APA INFORMATION HOTLINE​

This is APA Communications Director Gregg Overman with the APA Information Hotline for Tuesday, Nov. 15.
APA LEADERSHIP LETTER TO AMR CHAIRMAN & CEO: As part of today’s session of the APA Board of Directors’ fall meeting, the Board voted 17-1 to send a letter to AMR Chairman and Chief Executive Officer Gerard Arpey concerning the state of negotiations. The 17 Board members who voted “yes” agreed to affix their names to the letter, along with the names of the APA President, Vice President and Secretary-Treasurer.
The letter reads as follows:
Dear Mr. Arpey,
As you know, our respective negotiating teams have invested a great deal of time and effort during the past several months in an effort to reach a new APA-AA collective bargaining agreement.
APA leadership shares your desire to conclude negotiations expeditiously and we remain focused on reaching an agreement that is good for our pilots and good for the airline. To that end, we have consistently expressed our desire to see the company succeed and have demonstrated our willingness to adopt contractual solutions that represent departures from longstanding tradition. Although management’s most recent proposal does not sufficiently address our pilots’ most critical negotiating priorities, we are nevertheless committed to reaching a mutually beneficial agreement through good-faith bargaining at the earliest opportunity.
We remain ready and willing to discuss creative solutions that address our respective parties’ concerns so that we may promptly conclude these talks.
That is the full text of the letter. Click here to view the formatted version.
The APA Board of Directors will reconvene at 9 a.m. tomorrow. This week’s meeting is scheduled to continue through Thursday, Nov. 17.
That’s it for today. Thanks for checking this hotline.

 

[humveedriver]

If the AA pilots worked for free next year not being paid a single dime, I believe AA would still show a loss for the year. Good luck over there.

 

[Neubyfly]

17-1? Who was the lone 1?

APA INFORMATION HOTLINE​

This is APA Communications Director Gregg Overman with the APA Information Hotline for Tuesday, Nov. 15.
APA LEADERSHIP LETTER TO AMR CHAIRMAN & CEO: As part of today’s session of the APA Board of Directors’ fall meeting, the Board voted 17-1 to send a letter to AMR Chairman and Chief Executive Officer Gerard Arpey concerning the state of negotiations. The 17 Board members who voted “yes” agreed to affix their names to the letter, along with the names of the APA President, Vice President and Secretary-Treasurer.
The letter reads as follows:
Dear Mr. Arpey,
As you know, our respective negotiating teams have invested a great deal of time and effort during the past several months in an effort to reach a new APA-AA collective bargaining agreement.
APA leadership shares your desire to conclude negotiations expeditiously and we remain focused on reaching an agreement that is good for our pilots and good for the airline. To that end, we have consistently expressed our desire to see the company succeed and have demonstrated our willingness to adopt contractual solutions that represent departures from longstanding tradition. Although management’s most recent proposal does not sufficiently address our pilots’ most critical negotiating priorities, we are nevertheless committed to reaching a mutually beneficial agreement through good-faith bargaining at the earliest opportunity.
We remain ready and willing to discuss creative solutions that address our respective parties’ concerns so that we may promptly conclude these talks.
That is the full text of the letter. Click here to view the formatted version.
The APA Board of Directors will reconvene at 9 a.m. tomorrow. This week’s meeting is scheduled to continue through Thursday, Nov. 17.
That’s it for today. Thanks for checking this hotline.

 

[Flying the Line]

You can find the one on the Dallas morning news blog.

 

[alaskaplt]

What am I missing here? Does american fly any aircraft under 125 seats? And its a very small increase in pay but how is it concessionary?

 

[XTW]

17-1? Who was the lone 1?

Hey Neuby,

After reading the .pdf version over on the APA website, it would appear that the only signature missing is that of the LGA Vice-Chairman.

X

 

[aa73]

What am I missing here? Does american fly any aircraft under 125 seats? And its a very small increase in pay but how is it concessionary?

Well, let's see..... for starters, they are proposing a b-scale rate of $139/hr for the A319 CA... meanwhile, Spirit A319 CA $164/hr...

 

[CapnVegetto]

Well, let's see..... for starters, they are proposing a b-scale rate of $139/hr for the A319 CA... meanwhile, Spirit A319 CA $164/hr...

Good job guys. Tell them to rot in hell.

 

[burg]

market cap $650 mil.. Never thought this day would come.

Don't even wanna know the debt ratio.

 

[OCP]

Well, let's see..... for starters, they are proposing a b-scale rate of $139/hr for the A319 CA... meanwhile, Spirit A319 CA $164/hr...

Ouch!