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Too bad they wont be going out of business.
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Time to shed the unions. -
Taxpayers probably will "bail them out."Originally posted by MR EDDComment
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I saw that, down 98 cents. I fly back on Wednesday too!Originally posted by Cmarsh93zComment
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They will bail at the pensions for sure.Originally posted by ceyko View Post
My wife's mother has been working there for over 40 years. Their pension will go to another company, which have already said if AA goes bankrupt they will have to file for bankruptcy, which then will go to the government for us tax payers to bail out the pensions.
That's why you saw a massive exit of old pilots retiring this past year as they saw the writing on the wall. If they haven't retired by today, they will only get up to 45k a year for their pension, instead of the 200-300k+."No free man shall ever be debarred the use of arms. The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government"
-- Thomas Jefferson, 1 Thomas Jefferson Papers, 334Comment
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You'd think with their damn baggage fee's they would have plenty of cash set aside.Comment
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That sux. I'd rather fly AA over any other carrier.Owner of Titan Towing
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I had to LOL at the press release I heard this morning. Something along the lines of,"Operations will continue uninterrupted, along with unchanged payroll figures. Passengers will notice no changes". How in the HELL do you declare bankruptcy and make no changes in personel, payroll, expenses, etc? If that's how you got there, shouldn't there be some changes? I quit flying American after a trip to Italy in 2004. Idiots.Comment
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I just used the last of my reward points with them except 4,000 or so and I may very well find a different airline to use. I dislike AA with a passion.Originally posted by Vertnut View Post
Those points add up though, I had no idea but I flew just around 110,000 miles in the last year and a half. And to think they couldn't give me a $100 voucher for losing my luggage in India for 3 weeks.... Shits crazy!Originally posted by Cmarsh93zComment
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Hmmmmm. My uncle is employed with aa and just got a 27k raise. What the hell are they doing handing out raises like that for?Comment
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Anyone in DFW that hopes AA goes out of business is pretty ignorant of the ramifications. AA has about 25000 employees in DFW alone. The sudden loss of that many working people is a kick in the economic nuts that none of us want.
But, of course, that isn't happening. Chap 11 is just reorganization. AA gets with the creditors and reorganizes it's debt. Some debts may be cancelled but a lot of it won't be. Commonly held stock can be cancelled but sometimes it isn't. There is a lot more to it than that but that's the gist of it...
I'm just wondering if they'll cancel my miles. I'm betting they won't but you never know.Comment
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He got a raise at AA?Originally posted by TEAMJACOB View Post
My mother in law was just bitching about not having a raise in 22 years, and actually had a pay cut 8 years ago...
She is a flight attendant."No free man shall ever be debarred the use of arms. The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government"
-- Thomas Jefferson, 1 Thomas Jefferson Papers, 334Comment
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That's because his uncle is management. The unions took big concessions back in 2003. While we haven't received a dime more in pay since then managment has been getting big bonuses and pay increases year after year.Originally posted by FATHERFORD View PostComment
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The unions are not the problem. Facts are we have some of the lowest pay and benefits in the industry.Originally posted by Sean88gt View PostComment
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