I had an AA pilot on the jumpseat Mon. that said there are rumors of 2000 furloughs to be announced soon. Most of the furloughs would come from the TWA pilots on the list. This person is 2200 from the bottom and that around 900 TWA pilots are senior to him and that the rest of them would be in that 2000 group. Has anyone else heard of this. Also, they expect Bankruptcy soon.
Not too surprising, AA is loosing an incredible amount of money with no improvement in sight. Massive payroll and route cuts are a complete certainty at this rate. The only uncertainty is how many more months until Chapter 11 is filed.
I heard the same rumor from a friend who flies for AA. At least the furlough part of the rumor, I've heard nothing about any impending bankruptcy. Hopefully this rumor turns out to be only that, a rumor.
I cant help but think that maybe the APA has stated that they will not take a pay cut to keep the others off the street. You know, "saving the profession". But on the other hand, maybe they are not being given a chance. BK may be the only recourse left to AA management with it's labor problems and the furloughs are just a piece of the pie. Aditionally, this may also be the reason for one list currently being negotiated by the APA. Only time will tell. I truly hope for the best for AA as I have alot of freinds there.
I AM NOT A FINANCIAL WIZARD BUT HOW DOES THIS SOUND.
YOU HAVE A 737 FLYING CROSS COUNTRY FULL OF PASSENGERS PAYING 99 DOLLARS EACH WAY. EVEN 198 EACH WAY WITH THE PLANE CARRYING 150 PASSENGERS.
NOW YOU HAVE AA FLYING A 767 WITH ABOUT 176 PASSENGERS PAYING LETS SAY THE SAME IN THE BACK. PAYING ABOUT 2500 A PIECE AND FIRST CLASS PASSENGERS PAYING 5000 A PIECE .WHERE DOES THAT MONEY GO. I GUESS TO DON CARTYS POCKET AND TO ITS SHARE HOLDERS.
SOUTHWEST AND AA CLERKS GET PAID THE SAME 24.00 AN HOUR TO TOP OUT .SO WHERE DO WE LOOSE THE MONEY LIKE THEY TALK ABOUT.
EVEN IF YOU HAVE ONE FIRST CLASS PASSENGER PAY FULL FARE THATS STILL IS MORE THAN WHAT YOU MADE ON THAT 737 FOR SOUTHWEST.
SO MY FELLOW UNION BROTHERS AND SISTERS AT SOUTHWEST KNOW HOW TO SPEND THERE MONEY AND TAKE CARE OF THERE EMPLOYEES.
SO I DONT GET IT WHERE DOES ALL THAT PROFIT GO AT AA.
AT MY STATION THEY ARE LAYING OFF PEOPLE AND HIRING MORE SUPERVISORS........GO FIGURE .
PLEASE UNDERSTAND I AM NOT SAYING ANYTHING BAD ABOUT SOUTHWEST....SO PLESAE DONT START BASHING ME.....I AM JUST MAKING A POINT ABOUT AA POOR MANAGING STYLE
Obviously shareholders have gotten nothing but reamed over the last 10 years with AA stock. The real problem is bloated infrastructure, poor utilization, and poor fleet planning. All problems that are too severe to fix without bankruptcy in my opinion.
Over the last 10 years. Where have you been. Go back and look at he record profits AA turned in 97,98,99, and 2000. Then look at thre return the share-holder received.
BK is imminent if we have protracted war, in that case so is BK for NWA and possible CAL. I can't imagine DAL would let the rest of the industry operate like that without joining in.
APA announced yesterday that they are immediately going into sessions to change the contract and help AMR.
The 2000 number, I am not sure about that. Let's wait and see.
AMR has thrown out a fear grenade and everyone is running.
Not saying that we are not in deep doo doo, just talking it one step at a time.
I had talked with a friend who now flies for AA. He was one of the adopted TWA pilots from St. Louis. He had told me that the impending lay-offs were going to be mostly the F/O's from St. Louis and then AA would be letting the F/O's hired by AA commute to St. Louis to fill the right seats.
He's had been with TWA since 1996 first as an engineer on 747's and an F/O on DC-9's; MD-80's and is typed in 757/767. Now I guess he will have to learn the expression..."Do You Want Fries with that?"
I had talked with a friend who now flies for AA. He was one of the adopted TWA pilots from St. Louis. He had told me that the impending lay-offs were going to be mostly the F/O's from St. Louis and then AA would be letting the F/O's hired by AA commute to St. Louis to fill the right seats.
Bummer......
AA is displacing F/O's to St. Louis. This will continue for quite some time. The company says that they are currently 850 pilots overmanned. The APA is going to renogiate certain items to increase efficiency. The detail of those items and the extent they drive furloughs is to be determined.
But to give you an idea of how efficiency drives manning, a 5 hour increase in the monthly max from 75 to 80 system wide would equate to approximately 764 jobs. So when you consider the 850 we're already over plus whatever number is driven by concessions you get in the ballpark of the 2,000 rumor.
Thats the bad news. The good news is that this will take time given the training cycles caused by cascading displacements. When the economy finally turns around and revenue improves, things chAAnge in a hurry. Also, consider that certain efficiencies may enable AA to better compete in markets where they ordinarily wouldn't. So not all concessions may directly translate into job loss.
The bottom line is the bottom line. The only true job protection is a company that can make money with the revenue that you generate.
I am sure that AA would love to get $2500 from anyone including first class passengers on the flight that you mention.
For starters, over 90% of all passengers are on a some deep discount ticket. I used to laugh when I used to have 50% off coupons for air travel on other air carriers because usually I could buy a ticket for 50% less than that because full fare coach was some obscene number that nobody paid except the very last second business traveler.
As half of the people in first class are their on FF miles or other deals, the average even there is nothing like the fares.
So to answer you the money went no where because it did not exist as you portrayed it.
Bruce Byers- ex TWA 727 captain STL based (or was pre-AA take over)> what equipment is he on now.?? - Any Ex-TWA-ers remember the FA sick out a few years back during Christmas..?
miss all those guys....
what date of hire is this furlough goin to effect.?? - I guess they are all TWA and none AA.??
I was reading somewhere that there is a rather large lawsuit by some TWA pilots pertaining to what AA is doing. Any information about this ??
He had quit his fractional job for a class date with American. His class was cancelled and he claims that his class has recall "rights". I figure unless you're in the union...you got no "rights".
What does all this mean for my buddy? He was last seen flying some personally owned twin turbine commander for a family and was walking the owner's wife into the FBO with an umbrella and carrying her Lahsa apso, while it was raining.
If AA is to make it through these tough times it is going to take more than getting rid of the coach. We will have to replace the "good ole boys club" (BOD) and a good portion of upper management. But what do I know...?... I'm just a pilot.
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