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Thread: American was declared by Wall Street...

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    Registered User NoOtPilot's Avatar
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    American declared by Wall Street...


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    ...last week, American was declared by the Wall Street Journal to be the worst of America's major airlines. Yes, it came below Frontier, Allegiant and Spirit. American Airlines came in last place, according to the Journalís 2019 overall rankings.

    JANUARY 20, 2020
    Last edited by NoOtPilot; 01-20-2020 at 10:59 AM.

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    Going for greAAt.

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    Why?

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    Suspiciously Quiet

    American Airlines has been mum about the contract negotiations neither mentioning them nor blaming any lingering problems.

    The unions have not taken any further action and had been quiet even by their own measure. They issued a statement on their website addressing their progress dropped just before the Christmas holidays.

    American Airlines management may have found a way to quiet the mechanics and get operations back on schedule, but customers have taken notice. Worker groups at American may have gone quiet publicly as they have agreed with management, but still donít have a new contract and by the attendance record of managementís negotiators as well as Isom and Parker, it doesnít look like they will get one any time soon. It may have gotten quiet, but the problem hasnít gone away.

    January 19,2020
    Last edited by NoOtPilot; 01-20-2020 at 12:29 PM.

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    Theyíve Made No Progress At All

    Flight Attendants were the first to vocalize their displeasure with the carrier. The mechanics had their say. In the last few months, American pilots have also stated that their deal is in need of a polish. Many gate agents have voiced malcontent, echoing their fellow frontline employees.

    To date, the pilots and flight attendants have no further progress toward a contract. Mechanics may have come out further behind than even the summer. Why? Because they have made no progress toward their contract...

    Management negotiators have walked backwards from their previous statements...

    January 2020
    Last edited by NoOtPilot; 01-20-2020 at 12:57 PM.

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    Anyone else here think if DP were replaced that the stock would probably jump ten bucks overnight?

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    Quote Originally Posted by Sirsnacksalot View Post
    Anyone else here think if DP were replaced that the stock would probably jump ten bucks overnight?
    Hmmm. Where did you get your MBA?

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    What you're back.

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    Quote Originally Posted by ardvark View Post
    What you're back.
    As usual, bankrupt of substance and devoid of purpose.

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    I think its funny that APA is going to Picket AA on 1/29 the same day DP has one of his dog and pony show at the flight academy.

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    Quote Originally Posted by Earl View Post
    I think its funny that APA is going to Picket AA on 1/29 the same day DP has one of his dog and pony show at the flight academy.
    I wouldn't be surprised if Dacuj shows up handing out Doug Parker pins to the picketers and then has a one man picket line carrying a sign with a large photo of the E-175 in Eagle colors.

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    Quote Originally Posted by NoOtPilot View Post
    ...last week, American was declared by the Wall Street Journal to be the worst of America's major airlines. Yes, it came below Frontier, Allegiant and Spirit. American Airlines came in last place, according to the Journal’s 2019 overall rankings.

    JANUARY 20, 2020
    Another article in Inc. (1/19/20) by Chris Matyszczyk about his experience between Delta and AA. Although just one snapshot, IMO it belies the fundamental problem that AA either doesn't comprehend or refuses to acknowledge. I have no doubt feeble new initiatives will come soon failing for the same reasons as previous ones. Parker and the gang keep trying to find ways to fix the problem without addressing the reality of exactly what it is; their attitude towards the front-line employees.

    No cheap fix now. It would have been far cheaper in the long run had Parker been proactive and lived up to his promises years ago, instead of being in this position. Sadly, they haven’t even come to terms with the reality yet, let alone considering a correct fix. Oh well,......there’s always plan B where everyone loses except upper management.
    Last edited by Beagleboy; 01-21-2020 at 03:31 PM.

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    In Eastern Airlines, Frank Lorenzo called it...

    ďThe D-DayĒ

    https://www.thestreet.com/.amp/investing/stocks/airline-dealmaker-frank-lorenzo-says-doug-parker-got-it-right-11840494
    Last edited by NoOtPilot; 01-21-2020 at 03:12 PM.

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    ITíS just a matter of TIME
    AAG employees wait for the showdown to come.
    ITíS Parker TIME.
    Last edited by NoOtPilot; 01-28-2020 at 09:41 AM.

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    Quote Originally Posted by Cujo665 View Post
    ....and so does the spin. The Q4 Conference call was more of the same; minimizing the reality of the situation, while concurrently making promises of good things to come that almost certainly won’t materialize. The author misses entirely a MAJOR component of Delta’s success vs. AA’s abject failure though: People. Airlines are a service-oriented product delivered by front-line employees and AA and Delta are NIGHT and day. A gloom of alienated, cynical and distrustful workers exists at AA, whereas even though Delta has issues and is not flawless, the sun shines on planet Delta and it shows.

    The author goes on to note the very Catch-22 I reiterate from time-to-time. Specifically, he laments AA’s high labor costs and although credits that to excessive employee count relative to revenue, he implies that cost must be reduced. Of course, if AA reduces that head-count by say, whacking more middle managers, they just fly themselves back to the same place with new front-line labor contracts. AA CAN’T alter its already Bankruptcy-quality contracts without taking on more debt than it can afford: Catch-22.

    If........or likely more accurate when AA goes back to the courthouse, they will only seek to further erode those contracts. But, that will only demoralize front-line labor even more. It’s a cycle of doom for the AA product and has virtually no hope of ever mimicking Delta. Thus, it looks all but certain AA’s future is one of being essentially a massive LCC that offers a LCC career for its employees, especially pilots and that is the BEST outcome. IMO, readers should also note his mention of fragmentation. Should that occur, it will vaporize any value of pilot seniority making all that retirement advancement a mirage.

    Also remember, Parker flew AA into this situation when the economy and industry was at its peak. Can you imagine a slowdown, or even a recession? Game Over.

    What’s in your saving’s account?
    Last edited by Beagleboy; 01-28-2020 at 10:11 AM.

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    Quote Originally Posted by Beagleboy View Post
    ....and so does the spin. The Q4 Conference call was more of the same; minimizing the reality of the situation, while concurrently making promises of good things to come that almost certainly won’t materialize. The author misses entirely a MAJOR component of Delta’s success vs. AA’s abject failure though: People. Airlines are a service-oriented product delivered by front-line employees and AA and Delta are NIGHT and day. A gloom of alienated, cynical and distrustful workers exists at AA, whereas even though Delta has issues and is not flawless, the sun shines on planet Delta and it shows.

    The author goes on to note the very Catch-22 I reiterate from time-to-time. Specifically, he laments AA’s high labor costs and although credits that to excessive employee count relative to revenue, he implies that cost must be reduced. Of course, if AA reduces that head-count by say, whacking more middle managers, they just fly themselves back to the same place with new front-line labor contracts. AA CAN’T alter its already Bankruptcy-quality contracts without taking on more debt than it can afford: Catch-22.

    If........or likely more accurate when AA goes back to the courthouse, they will only seek to further erode those contracts. But, that will only demoralize front-line labor even more. It’s a cycle of doom for the AA product and has virtually no hope of ever mimicking Delta. Thus, it looks all but certain AA’s future is one of being essentially a massive LCC that offers a LCC career for its employees, especially pilots and that is the BEST outcome. IMO, readers should also note his mention of fragmentation. Should that occur, it will vaporize any value of pilot seniority making all that retirement advancement a mirage.

    Also remember, Parker flew AA into this situation when the economy and industry was at its peak. Can you imagine a slowdown, or even a recession? Game Over.

    What’s in your saving’s account?

    LOL! Just pull the string in its back and it says the same thing over and over!

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    Quote Originally Posted by Dacuj View Post
    LOL! Just pull the string in its back and it says the same thing over and over!
    The truth is painful THKooj, yes? At least I’m both consistent and honest. You are just consistent. That consistency?

    Your usual lack of substance as you once again demonstrate here. As for honesty? Well.....you were supposed to have “retired” from this forum and once again there too prove both dishonesty and consistency. I’ll see my string in the back to your spinning head complete with spewing green vomit any day and twice on Sunday’s.

    Besides......it looks like a lot of the industry agrees with me and none with you. I realize that must be intolerably painful. So.......what’s it going go be tonight......Vodka or Bourbon?

    BTW.......been thrown off any United flights lately for embarrassing yourself with use of loud foul language?
    Last edited by Beagleboy; 01-28-2020 at 08:17 PM.

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