American Airlines Parent AMR Loses $82M In August

Sep 27, 2012 | Posted by: roboblogger | Full story: CBS Local

American Airlines parent AMR Corp. said Thursday that it lost $82 million in August, the tail end of the key summer travel season.

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Since: Apr 08

Tulsa, OK

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#2
Sep 27, 2012
 

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Angry White United Pilot wrote:
Loose some more! We are all waiting for you to shut down forever!
No need to worry. The pilots are hard at work to expedite the shut down. They should have no problems finding work at a Childrens Nursery as they fully know how to act like little spoiled brats.
Tristan Phoenix

Dallas, TX

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#3
Sep 27, 2012
 
82M should come from the pilots union to cover AA's losses.

Since: May 08

Santee CA

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#4
Sep 28, 2012
 
Do you people read articles, or just comment on the headline? AMR would have made money if not for the cost of BK. They have .31 billion (nearly a third of a billion) more than it had in the end of July. This is before they lay everyone off, and before the pilots began thier safety first campaign. Sept will no doubt see some impact. I suspect the biggest savings for AA with the ramp station closures won't come from direct labor costs, but from the facilities those people occupied. Locker rooms, rest rooms, office space for supervisory and payroll people.
Me Here

Palm Harbor, FL

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#5
Sep 28, 2012
 

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Poor management is what ran this company into bankruptcy. Why don't we ever get a factual article on THEIR salaries and benefits? Put the blame on where it should be and quit punishing your employees!

Since: May 08

Santee CA

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#6
Sep 29, 2012
 
Me Here wrote:
Poor management is what ran this company into bankruptcy. Why don't we ever get a factual article on THEIR salaries and benefits? Put the blame on where it should be and quit punishing your employees!
The unions are such a formidable force. After they gave in to save the company in 2003 they expected the shared gain they were promised. The problem was even after a 1.8 billion a year savings we still couldn't manage a profit. Knowing we couldn't let out talent go, we gave rentention bonuses to our staff, there was no profit (gain) for the unions. We entered into negotiations with the unions in 2008, and they demanded raises. Even though we had the unions locked in cost wise, we could not make a profit, but the board of directors pleased to be the only airline in the industry not to make a profit we pressed on. Labor costs fixed, but a small percentage above indusrty they were to blame. Not to mention fuel cost, and hurricanes and hail storms. Those union bastards gave back 20% or so. There were no raises for them in 2008, and medical plan costs were passed on to them. In these tough times we had to retain our talent and the board approved retention bonuses.. Now we are in a BK process.. DAMN UNIONS
Betsy

Hollywood, FL

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#7
Oct 6, 2012
 
Tristan Phoenix wrote:
82M should come from the pilots union to cover AA's losses.
How about the 82 million, come from Horton and the execs.
The Pilots have already given their BILLIONS in concessions.

Oh yea,....no one wants to talk about that
Artur de Sacadura Cabral

Fort Worth, TX

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#8
Oct 7, 2012
 
Me Here wrote:
Poor management is what ran this company into bankruptcy. Why don't we ever get a factual article on THEIR salaries
Who's salaries/benefits? Top level VP's salaries are public. Mid level management often make less than agents because they get no overtime, holidays, etc.
Betsy

Hollywood, FL

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#9
Oct 7, 2012
 
Artur de Sacadura Cabral wrote:
<quoted text>Who's salaries/benefits? Top level VP's salaries are public. Mid level management often make less than agents because they get no overtime, holidays, etc.
Management at AMR, do not make less than agents. Not true!
Artur de Sacadura Cabral

Fort Worth, TX

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#10
Oct 7, 2012
 
Betsy wrote:
<quoted text>
Management at AMR, do not make less than agents. Not true!
You think a Level 3 front line Manager makes more than an agent? I'm sure their are plenty of Managers who would be willing to show you their paychecks. Managers never get raises, agents and ramp do.

Since: May 08

Santee CA

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#11
Oct 7, 2012
 
Artur de Sacadura Cabral wrote:
<quoted text>You think a Level 3 front line Manager makes more than an agent? I'm sure their are plenty of Managers who would be willing to show you their paychecks. Managers never get raises, agents and ramp do.
A topped out ramper hasn't seen a raise in 5 years. Front line managers don't make that much, nor do they make big decisions. Thier bosses tell them what to do. Thier bosses, the GM's, Hub Ramp Managers and above are the problem at AA. The CSM is just the messanger. We all know how they get treated. Now go tell that customer why your hands are tied when someone asks to speak to a manager.
RWG

Cross Plains, IN

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#12
Oct 8, 2012
 
I think it's time to put the following sign at the front door of AAL HQ'S IN DFW for the latest bunch of incomptent management hired from within.
"BE CAREFUL NOT TO LET THE DOOR HIT YOU IN THE BUTT ON YOUR WAY OUT BUT YOUR SERVICES ARE NO LONGER REQUIRED".

Since: May 08

Santee CA

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#13
Oct 8, 2012
 
RWG wrote:
I think it's time to put the following sign at the front door of AAL HQ'S IN DFW for the latest bunch of incomptent management hired from within.
"BE CAREFUL NOT TO LET THE DOOR HIT YOU IN THE BUTT ON YOUR WAY OUT BUT YOUR SERVICES ARE NO LONGER REQUIRED".
AA tells me everyday how valuable I am and what an asset I am. They tell me they are great because they have the best people in the industry. They tell me turn in your badge, you are being replaced by the lowest bidder. I tell them (The following comment has been redacted in compliance with the AA social media policy).

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