Tranny Loses 13 Million

[gt1900]

OMG>>>> The sky is falling the sky is falling. Well, since AAI only has about 141-143 planes right now, having 139 at years end is not much of a loss. AAI shrinks every fall, why is this fall any different? We are just shrinking a little more. As far as SWA getting into ATL, fat chance. Just because AAI is operating less flights doesn't mean they are giving up gates. And you can't get gates in Atlanta. So, SWA aint' coming in anytime soon. AS far as daring Delta? How much did they say they were going to cut back??? Everyone is cutting back that isn't hedged. Everyone has to in order to servive. A 13.5 million loss is pretty friggen good in this environment. BTW.. With the raised ticket prices and increased revenue AAI can operate at a profit with fuel around $110 a barrel.. How many other airlines can say that? A few, but most can't..... Id say our management is doing a pretty good job of raising revenue and running the company. Will they get pay cuts. He11 no, I won't vote for one. But, it looks like they are doing a pretty good job of running the company right now. BTW.. Even though we pilots like to think we are always right. And we can armchair quarterback our managment all day long. Guess what, we would burry AAI if we were managing the company... Im just glad the loss was pretty small. Things aren't looking too bad......

 

[NuGuy]

Fornaro will have to hope oil heads lower and stays there for a few years. If it doesn't, then he will have no choice but to cut his fleet way down. The tough part of waiting to make the move is trying to sell the 737's as the 717 is not saleable. Waiting till the middle of next year will find even fewer buyers in the world market than today, and those willing will be in the catbird seat.
imp:

As much as I normally loath Lowecur, I can only think of one outfit interested in the 717.

And it would be JUST like them to wait until the birds were #1 for departure to Pima before they scooped them up.

Nu

 

[Eagle757shark]

OMG>>>> The sky is falling the sky is falling. Well, since AAI only has about 141-143 planes right now, having 139 at years end is not much of a loss. AAI shrinks every fall, why is this fall any different? We are just shrinking a little more. As far as SWA getting into ATL, fat chance. Just because AAI is operating less flights doesn't mean they are giving up gates. And you can't get gates in Atlanta. So, SWA aint' coming in anytime soon. AS far as daring Delta? How much did they say they were going to cut back??? Everyone is cutting back that isn't hedged. Everyone has to in order to servive. A 13.5 million loss is pretty friggen good in this environment. BTW.. With the raised ticket prices and increased revenue AAI can operate at a profit with fuel around $110 a barrel.. How many other airlines can say that? A few, but most can't..... Id say our management is doing a pretty good job of raising revenue and running the company. Will they get pay cuts. He11 no, I won't vote for one. But, it looks like they are doing a pretty good job of running the company right now. BTW.. Even though we pilots like to think we are always right. And we can armchair quarterback our managment all day long. Guess what, we would burry AAI if we were managing the company... Im just glad the loss was pretty small. Things aren't looking too bad......

No one on here said the sky was falling. I only presented the article. The company is giving the impression the sky is falling. When the company says they will be coming back for more concessions, who is saying the sky is falling? They go on to say that if they don't get concessions, they will cut more and layoff more employees! That is not good management, that is intimidation! The problem with AirTran right now is a function of not getting enough revenue to cover what it cost to do business. That is where they have to figure it out minus asking me to pay for it. This employee group is one of the most efficient employee groups in the industry and many statistics prove that. Employee cost are not the problem. On a different note, Southwest only needs four gates to get started. With their money and their power, when they decide it is time to come to Atlanta, they will make it happen. So please don't be so naive or so arrogant to think our little fortress in Atlanta is sacred from Southwest! These are times when managements around the globe prove their worth. An effective business plan does not include me giving back my pay or waiting for another airline to go out of business.

 

[chjack]

AirTran expects to end the year with 139 aircraft, compared to a previous projection of 147 aircraft.
Haak said the capacity reductions will result in the airline's Atlanta hub "getting smaller."
Earlier this month, AirTran said it wanted to cut its overall employee pay by about 10 percent to help offset soaring fuel prices
Fornaro said Tuesday that the airline's mechanics recently voted down the pay cuts related to them. The union representing the airline's pilots has not put it to a vote, he said. About 50 percent of AirTran employees are represented by unions.
Fornaro told The Associated Press that the dissent among some employees regarding pay cuts does not put the company in a jam at this time. He did note, however, that pay cuts are part of the airline's plan to cut costs.
"Quite frankly, if we are going to ask vendors and partners for concessions, we feel it is important for people at AirTran to (give) some as well," Fornaro said.
AirTran said it has fuel hedge positions to cover roughly 70 percent of its fuel needs for the remainder of the year.

interesting how employee concessions are part of the business plan. instead of figuring out real, long-term soulutions, just ask the employees to bend over again.

 

[Ty Webb]

. . .Id say our management is doing a pretty good job of raising revenue and running the company.

.

GT:

I don't know what yardstick you are using, but mine shows 4 recent failures, which is at least part of the reason for the recent corporate shufflings that you seem to have missed.

Would the Pilots do better, if we were running things? No, not as a group, but there are certainly some smart, talented people amongst this Pilot group who could certainly contribute to the bottom line in a meaningful way . . . . while also contributing to the QoL and morale of the Employees. . . . and, no, I'm not talking about the PAB :laugh:

Unfortunately, this resource is squandered here, due to the existing corporate culture . . . . as opposed to certain other airlines who have used this to their advantage . . . like SWA.

Will they get pay cuts. He11 no, I won't vote for one.

Glad to see that we are all on the same page in this regard.

TW

 

[SkiFishFly]

interesting how employee concessions are part of the business plan. instead of figuring out real, long-term soulutions, just ask the employees to bend over again.

That right there is a big part of what is wrong at AAI (and other airlines) these days. These guys have absolutely zero leadership ability. Employees are nothing more than numbers and costs to them.

 

[Eagle757shark]

Again it is about thinking outside the box to increase your revenue. When you look at the top 10 US airlines, only AirTran has neither a international route or a international partner. Even Southwest Airlines sees the value in international routes and has a international code share partner.

 

[Britpilot]

Again it is about thinking outside the box to increase your revenue. When you look at the top 10 US airlines, only AirTran has neither a international route or a international partner. Even Southwest Airlines sees the value in international routes and has a international code share partner.

You are assuming that they have not thought of this or tried to secure a partner. Perhaps they are working on this right now, I don't know and neither do you.

 

[Eagle757shark]

You are assuming that they have not thought of this or tried to secure a partner. Perhaps they are working on this right now, I don't know and neither do you.

There are no assumptions here. Look at the track record and what is currently happening! I'm making an observation, PERIOD!

 

[Britpilot]

There are no assumptions here. Look at the track record and what is currently happening! I'm making an observation, PERIOD!

OK, GOT IT, PERIOD!!!!!!!!!!!!!!!!!!