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Airlines

Apr 10, 2008

American Airlines CEO says flight cancellations will be costly

The CEO of embattled American Airlines said today the cancellation of nearly 2,500 flights this week will cost the airline ``in the tens of millions of dollars.'' Gerard Arpey said that it was too early to put ...

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Prost
Santee, CA
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#1
Apr 10, 2008
 
No worries. Gerard and the rest of upper management will soon be compensated handsomely. There are plenty of front line employees working paycheck to paycheck that can afford to foot the bill.
Love and Happyness
Largo, FL
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#2
Apr 10, 2008
 
Prost wrote:
No worries. Gerard and the rest of upper management will soon be compensated handsomely. There are plenty of front line employees working paycheck to paycheck that can afford to foot the bill.
True...He did accept full responsibility for this Fiasco, But I Bet he and his Cronies still accept their Multi Million Dollar Bonuses later this Month
dfwaa
Dallas, TX
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#3
Apr 11, 2008
 
Time is on the sids of Gerard. There is a cash balance of close to 4 billion, after this latest grounding. Upper management will be paid for the increase in the stock. Operatinal/Front line employee's will apologize, be embarassed, and feel sick to their stomach for the service they are forced to provide.
horizon
Dallas, TX
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#4
Apr 11, 2008
 
LEADERS SHOULD LEAD. Why do have retention bonuses for LEADERS that lead us here?
sad and mad
Collinsville, IL
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#5
Apr 11, 2008
 
how am i to get back my grandsons first birthday i will never used aa again ft myers fl
don
Killeen, TX
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#6
Apr 11, 2008
 
Smelling like a rose at the end i,m sure.
bankruptcy at the perfect time when all the contracts are up for negotiations. I am sure this will take place only after the April 16th pay out
and after April 17th sell off of the stock bonuses.
Beth
Austin, TX
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#7
Apr 12, 2008
 
The executive salaries are market driven. Don Carty is doing even better at Dell.

None of us like the amounts these guys are paid but Gerard would do better by walking away from AA. Labor salaries will never rebound - do the math.

AA preserved the pensions. They should get some credit for doing the right thing.
Prost
Santee, CA
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#8
Apr 12, 2008
 
You read where these people will tell folks like me, if you don't like it quit and get another job. A CEO can follow his pals around. I can't start off @ about $20 and hour somewhere else. I truly am trapped. The unions sacrified to keep those pensions, they were not a gift from the company. I am suffering now to have something later. What gets the hourly worker is when you ask for a raise,and you are told we are broke. Then after the CEO walks form the table he puts millions in his pocket. That is why Carty is at Dell. He was thrown out of AA after the concessionary contracts of 2002
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