Isom announces new financial belt tightening

[ardvark]

Must read


https://www.inc.com/chris-matyszczyk...ines-isnt.html

[Beagleboy]

Must read


https://www.inc.com/chris-matyszczyk...ines-isnt.html

The management at AA just don’t get it. Front-line AA employees are convinced they’re still just bricks in their backpack.

[Dacuj]

Fixed it for you.

$80,000,000.00 more on half the revenue.

Hmm, that's rich. I think you are just jealous that you took a bad detour and ended up at an all 737 operator who keeps pulling flying back and shrinking. You could have flowed. Do you ever regret this type of boneheaded decision?

[Dacuj]

The management at AA just don’t get it. Front-line AA employees are convinced they’re still just bricks in their backpack.

Article was obviously written by someone with extreme bias against American and a h**d on for Delta. Someone like yourself maybe? Isom's comments in no way should be construed as "out of touch." He was stating realities and the plans to correct minor issues and get back on track. That's what any successful company does.

[RobertRoss]

Hmm, that's rich. I think you are just jealous that you took a bad detour and ended up at an all 737 operator who keeps pulling flying back and shrinking. You could have flowed. Do you ever regret this type of boneheaded decision?

You’ve already used that one on me, and you’re still wrong. Fun fact, AAG paid for my 73 type. I’d say that came out of your profit sharing if you had any appreciable amount to speak of. But still, thanks for that.

[Beagleboy]

You’ve already used that one on me, and you’re still wrong. Fun fact, AAG paid for my 73 type. I’d say that came out of your profit sharing if you had any appreciable amount to speak of. But still, thanks for that.

He’s just jealous.

[Cujo665]

Hmm, that's rich. I think you are just jealous that you took a bad detour and ended up at an all 737 operator who keeps pulling flying back and shrinking. You could have flowed. Do you ever regret this type of boneheaded decision?

More than just a few of AA new hires walked out of indoc to accept jobs with Southwest.

That speaks volumes about about the worlds largest LCC.

[RobertRoss]

Hmm, that's rich. I think you are just jealous that you took a bad detour and ended up at an all 737 operator who keeps pulling flying back and shrinking. You could have flowed. Do you ever regret this type of boneheaded decision?

Gosh I’m so jealous, I just can’t contain it.

https://apple.news/AO2iU-ptkTtG64K1evCzhNA

[Glo227]

More than just a few of AA new hires walked out of indoc to accept jobs with Southwest.

That speaks volumes about about the worlds largest LCC.

I’m sorry, but that doesn’t say anything. AA has had guys from southwest, delta and jetblue. Delta has had guys from jetblue, southwest and probably AA too. My friend over at SWA is the only one left from his class. His classmates bailed and went to other legacies. I’m sure it’s the same story over at UAL, FedEx and ups. It’s a pilot’s market. They go to legacy A while waiting out for B. It says next to nothing about the airline.

[Beagleboy]

I’m sorry, but that doesn’t say anything. AA has had guys from southwest, delta and jetblue. Delta has had guys from jetblue, southwest and probably AA too. My friend over at SWA is the only one left from his class. His classmates bailed and went to other legacies. I’m sure it’s the same story over at UAL, FedEx and ups. It’s a pilot’s market. They go to legacy A while waiting out for B. It says next to nothing about the airline.

Agreed, but AA isn’t a legacy anymore at least in pilot compensation and QWL. If pilots come to AA, it’s usually for domicile/commuting.

[RobertRoss]

........too. My friend over at SWA is the only one left from his class. His classmates bailed and went to other legacies. ........

Seems unlikely. Not 1 pilot from my class has left.

[Glo227]

Seems unlikely. Not 1 pilot from my class has left.

Ok? It’s likely. If I recall one went to FedEx and the other UPS. They wanted to fly heavies and were previous military. It’s not saying anything negative about SWA or any other airline out there. The whole point is that guys are moving from legacy A to B for a variety of different reasons.

[Glo227]

Agreed, but AA isn’t a legacy anymore at least in pilot compensation and QWL. If pilots come to AA, it’s usually for domicile/commuting.

And the retirement numbers too.

[Meatloaf]

Seems unlikely. Not 1 pilot from my class has left.

Your one class represents the entire group?

Pilots have left all four of the big airlines for the other four. More than likely for their bases.

[Meatloaf]

Ok? It’s likely. If I recall one went to FedEx and the other UPS. They wanted to fly heavies and were previous military. It’s not saying anything negative about SWA or any other airline out there. The whole point is that guys are moving from legacy A to B for a variety of different reasons.

Agreed

[Beagleboy]

And the retirement numbers too.

Agree that is likely another attraction. Most pilots don’t research carriers enough to gauge the value of any given assumption of benefit though, so while that may appear as a benefit, in the case of AA, it is at high risk of evaporating as s reality in the future.

In regard to the assumption of AA’s retirement numbers translating into an actual advancement benefit, the check is most definitely in the mail. That check is signed by an entity known for bouncing them when it comes to promises made to pilots.

[Cujo665]

. That check is signed by an entity known for bouncing them when it comes to promises made to pilots.

Translation.... wiped out through bankruptcy...... stock down again, Forbes downgrades AAL

[Dacuj]

Translation.... wiped out through bankruptcy...... stock down again, Forbes downgrades AAL

Wrong. Stock up almost 1.5% today alone. I would expect that upward trend to continue when the adjustments mentioned in this article begin to take hold.

[Meatloaf]

Everyone has some facts correct.

AAL is up over 30 days Flat over 6 months. And down 1 yr and 5 yr.

[Beagleboy]

Everyone has some facts correct.

AAL is up over 30 days Flat over 6 months. And down 1 yr and 5 yr.

Let’s hope the economy remains strong. AA can’t withstand a recession without another strategic Chapter 11 filing. Even with a strong economy though, how does management fix the broken product?