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ivana
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That was one of the best news reports in a long time. At current oil prices, there will be huge losses. If oil goes up, which it will probably will, there will be a another round of bankruptcies. Iam sure, AA and CO would fight that till they cant possibly hold, since their officers still hold valuable stock, what do you do when you are running out of cash and face a major credit crunch? It makes me pause and think if DL/NW merger is doomed? Perhaps UA should be more careful of a tie up with US. Why do they need a merger when they already have a code share with them. And perhaps CO was smart to walk away from UA.It bodes a bleak horizon, for airline employess. Iam going to start cutting up my credit cards. And the 600$ that President Bush gave me, sorry Prez, Iaint spending it.... Iam paying down another credit card.
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Wingman
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Maybe it's time for a new business model. Sure wish I could write off my debt everytime things get tight. Maybe the salaries are too high on the upper end of the food chain. We all know that they have cut costs on the lower end.
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Hopeman
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Judged:
1
that's it...Lets work for free. So passengers can keep flying for cheap
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Prost
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Judged:
1
1
Typical NIMBY stategy. WE need to find ways to save money and cut costs. WE will leave no stone unturned. Save one. I have to maintain my salary and bonuses. It's not the fault of myself and the board that gas is outragious we must retain our talented selves at all cost to get thru these troubled times.
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Chris
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Wingman wrote: Maybe it's time for a new business model. Sure wish I could write off my debt everytime things get tight. Maybe the salaries are too high on the upper end of the food chain. We all know that they have cut costs on the lower end. Aside from pensions, which everyone knows was a cheap shot at employees retirements, what costs have the legacy carriers cut?
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121 flyer
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Wingman wrote: Maybe it's time for a new business model. Sure wish I could write off my debt everytime things get tight. Maybe the salaries are too high on the upper end of the food chain. We all know that they have cut costs on the lower end. Yeah, that's just what we need more pay cuts for pilots!! Maybe if we continue to cut their salaries it will make more and more people want to actually get into this field. Funny thing that the average pilot salary for a first year F.O. is only about 20,000 and the upper salary for most captains who have been with a company for 15 plus years is a very low six figure income. Considering that the average pilot spends somewhere in the neighborhood of 30 to 60,000 for their training I think that it makes perfect sense to cut their pay and benefits all that much more. I wonder if we would want to have doctors doing surgery on us that made 20,000 a year. Begs the question doesn't it??
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Prost
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Chris wrote: <quoted text>
Aside from pensions, which everyone knows was a cheap shot at employees retirements, what costs have the legacy carriers cut? They also took $20,000 a year out of my pocket with paycuts and work rule changes. I'm on the ramp, that was about a 30% cut for me. They put together a few more cost saving ideas. Executives froze thier pay too. But have since compensated, and restored themselves. My raises and compensation in the last 3 years have steadily kept me well behind inflation, so I get worse off every year.
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Poor Public
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Americans better wake up.
Did anyone see the gansters from US oil companies testimonies today (congres)? disgusting.
airline Execs have no clue how to fix this and will feel the pain last.
They say industry is unregulated (phoeey) FAA.ATC.DOT. unregulated?
The indusstry needs to charge so much per mile cut and dry ,no fare wars that just hurt the economy.
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Nats
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The politicans on both sides want oil prices high to lower consumption to slow global warming. The Airlines and employees are screwed. The industry will cut capacity in half next year.
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stv
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One can blame part of the problem on oil, the rest of the problem is service ie putting the customer last and the way AA is managed. Since there are so many chiefs and not enough indians no one in management has to take respondsibility for bad decisions. So what if a customer misses their vacation and has to stay at the airport all day, or misses a family event who cares, no one at AA is going to get blamed for it so who cares. Who cares that a once proud AA Eagle cared about people not how much one can stuff in their own pocket. Until AA figures out who put them in the number one position to begin with and can manage the company like a business, AA will tell spin all the way to bankruptcy. No matter what the price of oil is.
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capt avgas
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Parents,
Please don't let your children work in the airline industry.
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Chris
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capt avgas wrote: Parents,
Please don't let your children work in the airline industry. My dad used to be a cab driver part-time. Used to be considered a noble, decent paying profession. He told us kids the same thing years ago. He emphasized that without a good education and work ethic, you will regret your decisions down the road. Thank god we listened. The airlines used to be a good career, but back in the 90's it began to get transformed into just a job as the market forces dictated. The transformation is continuing, albeit picking up pace..
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watchdog
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Yeah rocket science here this d ass ceo and 8 year old kid can figure that out the real ceo would figure out how stay out of cchapter 11
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Chris
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watchdog wrote: Yeah rocket science here this d ass ceo and 8 year old kid can figure that out the real ceo would figure out how stay out of cchapter 11 Back in the late 90's I said it would be a great position for someone to take a CEO position at one of the majors. My reasoning was that it would be relatively easy to transform some of these companies for long-term growth. Wouldn't be too difficult understanding the structures in place. But, few executives were interested citing poor compensation, expecting it would take awhile to reep the rewards. I guess they mis-read the industry! You can now get the rewards even if you do next to nothing.
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ivana
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Poor Public wrote: Americans better wake up.
Did anyone see the gansters from US oil companies testimonies today (congres)? disgusting.
airline Execs have no clue how to fix this and will feel the pain last.
They say industry is unregulated (phoeey) FAA.ATC.DOT. unregulated?
The indusstry needs to charge so much per mile cut and dry ,no fare wars that just hurt the economy. Poor Public, wake up. You say No Fare Wars, and folks at Southwest dont want fares to go up as much as the Legacy carriers. They have fuel hedges, and their rationale is let the Fat Cats bleed to death. That is free market. Survival of the fitest. Let the weak and inefficint PERISH. Most agree with that
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Judge it!
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