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Breaking News on CNN not good for AA

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DOVPILOT said:
Well, maybe they were fat, I mean heavy, I mean over staffed in that dept. to begin with!
Click to expand...

Or all of the above.

All joking aside this sucks...and I feel for all those who will be getting their walking papers
 
Good luck to all at AMR. No one is safe from the problems that oil is causing.
 
How many FA's does AA have on property? I was furloughed after 9-11 so I know what it is like. I hope the best for all who will get the dreaded letter.

Goat
 
Special Jetwire - Update on Workforce Reductions


Message To All U.S. Based Employees From Jeff Brundage, Senior Vice President – Human Resources

Dear Colleagues:

Later this fall, AMR will reduce domestic capacity by 11 to 12 percent and system-wide capacity by approximately 8 percent. While we are still working through the specific impact to employee work groups, both voluntary and involuntary, employee reductions commensurate with the overall system capacity reductions are expected company-wide as we reduce the size of the airline. As previously announced, the size of the management and support staff workforce will be reduced by approximately 8 percent in September.

Each department is continuing to work through ways to minimize the number of employees who are involuntarily affected by a reduction in force. In addition to our existing voluntary programs such as leaves of absence and stand-in-stead, we will also offer a Voluntary Bridge to Retirement (VBR) for many U.S.-based and San Juan employees who are age 50 or over with at least 15 years of service. Each department will decide which job functions and locations will be offered this option.

American has reached agreements with the Association of Professional Flight Attendants (APFA) and Transport Workers Union (TWU) to offer the VBR to their members. Information on this new voluntary option will be available soon on Jetnet.

While we continue to work through the unprecedented challenges facing our company and industry, we want to provide additional information about our workforce adjustments. This week we will begin issuing WARN letters to some employees who may be impacted by workforce changes as required by state or federal law.

WARN is the federal Worker Adjustment and Retraining Notification Act and requires employers to give written notice to employees (or their bargaining representatives) who may experience an employment loss as the result of layoffs or location closures. WARN letters must be issued 60 days prior to the actual date of the reduction in force. Please know that a WARN notice is not a layoff notice – it's a regulatory requirement.

Again, we regret these reductions are necessary and we will keep you informed of decisions about the reduction in force. And, we will work closely with all affected employees in this transition. It's crucial that we take the appropriate actions to operate a strong and competitive airline for both our employees and customers.

Jeff Brundage
 
Well, now they get to join the TWA folks they stapled. I'm not sorry.
 
FlickerFade said:
Yet, you vote for a party that refuses to do ANYTHING to help fix it.
Click to expand...

Actually, my party is the only one offering a real solution. Your party is talking about more of the same. Not to mention that your boy Shrub is the one who caused this mess. Quiz: what was the price of oil pre-Iraq invasion?
 
JoeMerchant said:
Oil has almost tripled since your party took the Congress....In 2 short years....
Click to expand...

That would actually be relevant if they had done something that could affect oil prices. They haven't. Oil started going up when people started worrying about an Iraqi quagmire. That's when the speculators started dabbling. It only got worse from there.
 
PCL_128 said:
That would actually be relevant if they had done something that could affect oil prices. They haven't. Oil started going up when people started worrying about an Iraqi quagmire. That's when the speculators started dabbling. It only got worse from there.
Click to expand...

The two biggest factors in oil are supply/demand and the falling dollar.....Congress can effect BOTH of those...
 
PCL_128 said:
That would actually be relevant if they had done something that could affect oil prices. They haven't. Oil started going up when people started worrying about an Iraqi quagmire. That's when the speculators started dabbling. It only got worse from there.
Click to expand...

So the fact the your party has refused to allow drilling anywhere, or a refinery or nuclear power plant to be built in this country in the name of Global Warming or killing caribou has absolutely nothing to do with it.
 
JoeMerchant said:
The two biggest factors in oil are supply/demand and the falling dollar.....Congress can effect BOTH of those...
Click to expand...

Supply and demand aren't an issue; speculators are. The speculators are involved because they saw an increase in price in the future due to conflict in the Middle East. It got out of control when speculation about Iran got going, and it's never stopped. As for the value of the dollar, that's only contributing a small amount to the price of a barrel of oil. Oil would still be well over $100/bbl even if the dollar was 1.00 to the Euro. Not to mention that the reason the dollar is worthless right now is because of failed Shrub economic policies.
 
Will you guys vote for me????

What this nation needs is a Manhattan Project Size Plan for our nations energy policy. We need to put politics aside.

My plan....
Start Drilling in ANWAR- the oil companies say they can do it cleanly, so let them...with huge penalties if they fail to drill cleanly. Start extracting oil from the sands in utah etc...This is short term...

While we are doing that...we get the best minds in the nuclear industry together (GE, Westinghouse etc) and come up with one common design for the world's most advance nuclear powerplants...safe, and efficient. With a goal of 25% nuclear power in 10 years, 50% in 15 years, and 75% in 20 years. (BTW France gets 95% of thier electric power from nuclear.)

While we're doing that, use some of the subsidies that we currently give oil companies to make solar power 50% more efficient than it currently is in 7 years. Once we do that, then offer subsidies to homeowners that will make the break even point for electric power in your house a 5 year proposition.

If we get solar and nuclear on-line as I will, than we will have a glut of safe and efficient electric power, to power our cars. I think that the car companies are getting the idea now that hybred/electric is the future, but let's just say that in 15 years our goal is to have 50% of the nations fleet be hybred/electric.

Even while that's going on, we need to make geothermal energy more widespread and efficient especially for heating up north. We'll get the experts together on that and have national guidelines and goals for that.

Whew, finally, there will still be a need for oil/gas and Exxon and Mobil, we'll still be more energy efficient than we are now.

Anyhow, I'd appreciate your vote- my official position will be significantly more detailed than this.

BTW...Very little wind energy is in my plan...the windmills are a blight on the horizon...maybe a few as we bridge the gap to efficient solar.
 
Speculators ARE driving up the price BUT, the primary issue is that the U.S. Dollar isn't worth the paper it's written on for a variety of reasons.

Trade deficit: Sending Trillions of dollars overseas to pay for oil and products made by near-slaves in Asia because the American factory owners shipped the jobs overseas.

Congress (BOTH PARTIES!!!) spending like drunken sailors since before 'George the First' showed up.

The American public not looking any farther into the future than the hood ornament on their Escalade. (Note: Plenty of BIG SUV's in the garages in Berkley, CA so it's not just Texans.)

What's wrong with the Republicans? They don't realize that more big business won't help.

What's wrong with the Democrats? They don't realize that more big Government won't help.

Throw the incumbents out of office and start over.

Now, since the remains of my tattered career hang in the balance, back to our regularly scheduled bashing of AMR... ;) TC
 
macdu said:
Well, now they get to join the TWA folks they stapled. I'm not sorry.
Click to expand...

A lot of those FA's that are getting furloughed ARE actually TWA people who got called back in the last year or so.
This sucks.
 
El Pobre said:
Will you guys vote for me????

What this nation needs is a Manhattan Project Size Plan for our nations energy policy. We need to put politics aside.

My plan....
Start Drilling in ANWAR- the oil companies say they can do it cleanly, so let them...with huge penalties if they fail to drill cleanly. Start extracting oil from the sands in utah etc...This is short term...

While we are doing that...we get the best minds in the nuclear industry together (GE, Westinghouse etc) and come up with one common design for the world's most advance nuclear powerplants...safe, and efficient. With a goal of 25% nuclear power in 10 years, 50% in 15 years, and 75% in 20 years. (BTW France gets 95% of thier electric power from nuclear.)

While we're doing that, use some of the subsidies that we currently give oil companies to make solar power 50% more efficient than it currently is in 7 years. Once we do that, then offer subsidies to homeowners that will make the break even point for electric power in your house a 5 year proposition.

If we get solar and nuclear on-line as I will, than we will have a glut of safe and efficient electric power, to power our cars. I think that the car companies are getting the idea now that hybred/electric is the future, but let's just say that in 15 years our goal is to have 50% of the nations fleet be hybred/electric.

Even while that's going on, we need to make geothermal energy more widespread and efficient especially for heating up north. We'll get the experts together on that and have national guidelines and goals for that.

Whew, finally, there will still be a need for oil/gas and Exxon and Mobil, we'll still be more energy efficient than we are now.

Anyhow, I'd appreciate your vote- my official position will be significantly more detailed than this.

BTW...Very little wind energy is in my plan...the windmills are a blight on the horizon...maybe a few as we bridge the gap to efficient solar.
Click to expand...

Now that is a plan! Bravo!
 
supply and demand doesnt make oil jump $11 dollars in 1 day. Demand hasnt gone up over 100% in less than a year either. End speculation and oil will go down 25-30 dollars. Supply and demand plays a part in the price of oil but not near to the current extent.
 
JoeMerchant said:
The two biggest factors in oil are supply/demand and the falling dollar.....Congress can effect BOTH of those...
Click to expand...


Actually, I think the falling dollar is mostly a function of the Federal Reserve, which is purportedly independent.

Congress continually raising federal debt levels to record heights year after year doesn't help, of course, but the quickest way to make the dollar worth more is to . .. . . reduce supply.

I.E. print less and make it more expensive to borrow. This has other problems, of course (ever tried to sell a house when a mortgage was 15%?), but it would certainly help make the dollar strong again.
 
El Pobre said:
Will you guys vote for me????

What this nation needs is a Manhattan Project Size Plan for our nations energy policy. We need to put politics aside.

My plan....
Start Drilling in ANWAR- the oil companies say they can do it cleanly, so let them...with huge penalties if they fail to drill cleanly. Start extracting oil from the sands in utah etc...This is short term...

While we are doing that...we get the best minds in the nuclear industry together (GE, Westinghouse etc) and come up with one common design for the world's most advance nuclear powerplants...safe, and efficient. With a goal of 25% nuclear power in 10 years, 50% in 15 years, and 75% in 20 years. (BTW France gets 95% of thier electric power from nuclear.)

While we're doing that, use some of the subsidies that we currently give oil companies to make solar power 50% more efficient than it currently is in 7 years. Once we do that, then offer subsidies to homeowners that will make the break even point for electric power in your house a 5 year proposition.

If we get solar and nuclear on-line as I will, than we will have a glut of safe and efficient electric power, to power our cars. I think that the car companies are getting the idea now that hybred/electric is the future, but let's just say that in 15 years our goal is to have 50% of the nations fleet be hybred/electric.

Even while that's going on, we need to make geothermal energy more widespread and efficient especially for heating up north. We'll get the experts together on that and have national guidelines and goals for that.

Whew, finally, there will still be a need for oil/gas and Exxon and Mobil, we'll still be more energy efficient than we are now.

Anyhow, I'd appreciate your vote- my official position will be significantly more detailed than this.

BTW...Very little wind energy is in my plan...the windmills are a blight on the horizon...maybe a few as we bridge the gap to efficient solar.
Click to expand...

thats pretty much exactly what needs to happen.
 
Superpilot92 said:
supply and demand doesnt make oil jump $11 dollars in 1 day. Demand hasnt gone up over 100% in less than a year either. End speculation and oil will go down 25-30 dollars. Supply and demand plays a part in the price of oil but not near to the current extent.
Click to expand...

Just curious...How do you "end speculation"? Where was the outcry for "ending speculation" with the housing market...or the dot.com fad....Oh that's right...many of the people here actually participated in those speculative markets....so it was OK.....
 
PCL, your still here?

Your the dork at the party that just wont leave.

PCL_128= Sherminator (American Pie)
 
PCL_128 said:
That would actually be relevant if they had done something that could affect oil prices. They haven't. Oil started going up when people started worrying about an Iraqi quagmire. That's when the speculators started dabbling. It only got worse from there.
Click to expand...

Have you read this?

by Ed Wallace - 6/15/2008

http://www.northplattebulletin.com/index.asp?show=news&action=readStory&storyID=14659&pageID=3
One piece of legislation is why the price of everything is going through the roof.
[This article describes the connection between soaring California electric rates in 2001, the subsequent collapse of Enron and the soaring gas and oil prices of today. First published May 21 in the Dallas-Ft. Worth Star-Telegram -- Editor.]
 

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