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Is American the Worst-Managed Airline in America?

Is American the Worst-Managed Airline in America?

Feb 6th, 2012, 04:00 AM
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Join Date: Jun 2003
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Is American the Worst-Managed Airline in America?

from TIME:

Members of the Transport Workers Union (TWU) were scheduled to vote on a new contract with American Airlines, or AA, this December that would have lowered the airline’s cost and outsourced hundreds of jobs that weren’t directly related to aircraft maintenance. They never got the chance because American instead filed for bankruptcy. On Wednesday AA announced it planned to outsource just about all of them — 4,600 mechanics jobs are going, along with 4,200 ground-service positions, 2,300 flight attendants and 400 pilots. About 15% of American’s work force is getting a one-way ticket to Termination, Texas — thank you for dying with us today. .................(more0

Read more: http://business.time.com/2012/02/06/...#ixzz1lbdbntgj
martytravels is offline  
Feb 6th, 2012, 04:19 AM
Join Date: Jun 2008
Posts: 12,269
AA.com is fine just finally had do do what DL has done also CO(twice), Pension medical costakilling profitability.Smart move is to re-organize into profitablity. They dump all unionised employees pension medical obligations on the taxpayer outsource cut back as many jobs as they can.Shaft all their old shareholders creditors. Issue new stock maybe a merger just like DL did recently back more profitable than ever.

What airlines do a common formula.
qwovadis is offline  
Feb 6th, 2012, 04:58 AM
Join Date: Feb 2004
Posts: 23,074
Yes, it was horribly run because management had agreed to those previous union contracts.
rkkwan is offline  
Feb 6th, 2012, 06:14 AM
Join Date: Jan 2003
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"Smart management" and "major US airline" are words that shouldn't be used together in any sentence that doesn't also include the word "never."
Gardyloo is online now  
Feb 6th, 2012, 01:54 PM
Join Date: Jun 2008
Posts: 12,269
AA.com biggest problem was their fleet was super old and they did not hedge their fuel costs in addition to all the high
union expenses. Sad that all of this is now on the Tax Payer and AA.com gets to start over. But GM just did the same thing.
Quite unfair.
qwovadis is offline  
Mar 21st, 2013, 05:04 PM
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roamingnome is offline  

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