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  • American Airlines impresses in first quarter as merged company [View news story]
    Having retired from AA, I'm familiar with how this company works. For many years since Crandall left its been nothing but caretakers with no vision at the helm. Basically a good ole boys club. Now 5hat US Air is running the place it can only improve. AA's chpt 11 drastically cut labor costs. Vacation, sick time, health benefits, retiree benefits, pensions, etc were drastically cut. In fact pilots no longer have a retirement plan. The got to keep what they had, but no longer does the company fund it. They used to fund it by the tune of 17 percent of all earnings. Now its ZERO. The only downside is their lack of rout structure. No Africa, E Europe, Mideast or S Pacific service. Their competitors have a huge advantage in this area. Even with European destinations their routes are minimal compared with other carriers.
    Apr 26 10:09 AM | Likes Like |Link to Comment
  • American Airlines impresses in first quarter as merged company [View news story]
    Could go up to $70 as it has in the past, when it wasn't nearly as strong as it is 2day!
    Apr 24 09:47 AM | Likes Like |Link to Comment
  • American Airlines beats by $0.06, misses on revenue [View news story]
    This is one stock that a person could have made a fortune from. At one time down to 75 cents. Went up to $30 then down to $20 just prior to BK. After emerging from chpt 11 shareholders recovered nearly all their money!! A definite buy for the near term. Could go as high as $70 a share. It has in the past when it was not nearly as financially strong as it is today, especially since they slashed employee benefits including vacation, sick time, pensions, and medical.
    Apr 24 08:46 AM | Likes Like |Link to Comment
  • American Airlines beats by $0.06, misses on revenue [View news story]
    This is one airline stock that a person could have made a killing!!!
    Apr 24 08:40 AM | Likes Like |Link to Comment
  • DOJ wants broad concessions package from AMR and US Airways [View news story]
    1000 city pairs??? Didn't know the government is now the experts on running the airline business. Can't get a simple healthcare website going but yet completely up to speed on every city pairing in the country. Gee, how many city pairs did the government analyze for the UAL and CO merger? To make life "fair", why doesn't the government analyze every business from cereal makers, to auto makers, to clock makers, to pharmaceutical makers and see if they can't find someone who has perhaps a bit of an advantage!!! Our government is out of control!!!
    Nov 4 09:10 AM | 4 Likes Like |Link to Comment
  • American, US Airways win November trial date for antitrust case [View news story]
    what's also still "up in the air" is the huge liability of continuing to fund health care for AA retirees. AA continues to call for ditching retirees. It will be interesting to see how this turns out. I think the bk judge has yet to fall for AA's sob story of how funding health benefits will make the airline untenable. So for now retirees had better get all their surgery and doc appointments taken care of B4 November.
    Sep 6 11:17 PM | 1 Like Like |Link to Comment
  • American, US Airways win November trial date for antitrust case [View news story]
    Talk about collusion!!! every time I go fill up at the gas pump, the price is exactly the same within a 20 mile radius. When it changes the next day at one station, they all match to the penny. What a coincidence!! Why isn't the government investigating!!!!!!!!
    Sep 1 09:41 AM | Likes Like |Link to Comment
  • American, US Airways win November trial date for antitrust case [View news story]
    7% justification for government intervention!!!!!!
    Sep 1 09:38 AM | Likes Like |Link to Comment
  • The Unfriendly Skies [View article]
    Derryl,
    We had much the same experience when coming into FLL on a cruise ship returning from central America. But all these lines are caused by the American government, not a "security-industrial complex". The American president cut the staffing for many key services including immigration and customs, thereby inconveniencing millions of travelers...purposely of course. All part of a national community organizing agenda. Unfortunately for you there's all kinds of folks out there who dont' see air travel as a "loser proposition". The cost of an airplane ticket is one of the best bargains out there. Having said that, passengers need to adjust to the realities of an ever increasing role of government in the States and plan on longer connection times as well as getting in place days before you need to arrive. We are planning on a cruise out of BCN in the near future. We have a 6 hour connection in MIA before leaving for Spain and arriving there 2 days ahead of time in case of things going horribly wrong, like illegal crew duty days, broken airplanes, some guy going out the wrong door or getting through security the wrong day, or some sort of other security issue, and the airport shutting down for half the day. Its a brave new world out there and isn't for the timid in spirit!!!.
    Sep 1 09:36 AM | Likes Like |Link to Comment
  • The Unfriendly Skies [View article]
    One more thing. Air carriers ought to be charging by the pound. They weigh your bags and charge you by the pound for them. Its a choice for passengers as to how much they cram in their bags. Its also a choice as to the amount of food they eat. If the price of a pound of meat is determined by weight, couldn't we apply the same concept for the price of an airplane ticket?? Just thinking......
    Sep 1 09:03 AM | 2 Likes Like |Link to Comment
  • The Unfriendly Skies [View article]
    DOJ.....a useful tool by a guy with long on talk and short on experience. Never ran so much as a lemonade stand and now runs the airline industry and the nation's health care. Could this be the beginning of the White House nationalizing the airline industry?? Screw up the industry so much that it will have to take them over. A real possibility for the not too distant future!
    Aug 31 11:11 PM | 1 Like Like |Link to Comment
  • American, US Airways win November trial date for antitrust case [View news story]
    The centralized economy planners in the White House have already admitted 5 years ago ala Joe the Plumber that they want to "spread the wealth around". That includes businesses as well. The DOJ is only interested in making life fair which means determining who flys airplanes where. They will squash any airline that is too successful and dominate the industry. Funny they didn't go after Microsoft which pretty much determines who all pcs function. I believe that based on this backdrop expect that the merger will have to give up a lot of slots, gates, etc to make it more "fair" for other carriers. Also funny how UAL dominates DEN and IAD but the centralized planners can't handle AA and USAIR dominating DCA. Hang on to your wallets for investing for about a week until the dust settles. Long term a good investment if one waits for a bit after the stock is offered.
    Aug 31 10:14 PM | Likes Like |Link to Comment
  • Airline regulation: The barn door is already open [View news story]
    Mr CC: How's this for an investment blog with political overtones since that's the climate business operates in these days. Today's story about PG&E. Zealous government hacks penalizing the crap out of a company that is deemed too reliant on the wrong kind of energy. Put them out of business by targeting those who go against what's deemed environmentally correct. Probably a good idea to short utilities (fossil fuel reliant, especially coal along with nuke powered) that aren't environmentally correct!!!....or airlines that attempt to merge.......
    Aug 21 02:10 PM | Likes Like |Link to Comment
  • Airline regulation: The barn door is already open [View news story]
    LCC could very well buy AA's gates, routes, etc if AA goes under....maybe take over AA's orders on future aircraft. AA is worth more in pieces than in whole.
    Aug 20 08:50 PM | Likes Like |Link to Comment
  • Airline regulation: The barn door is already open [View news story]
    I think the climate has been changing of oh, maybe 6,000 years or so but for God deniers maybe a few billion??? Greenhouse gas emissions is a non-starter. Another example of bad science. If you like AMTRAK, you'll love high speed rail. "Every other developed economy" comparison is apples and oranges. The infrastructure necessary in countries where most folks live in condensed areas where work and housing are co-located is completely different than here in the US. Let's leave B.O out of this. He knows nothing about aviation or any other type of business for that matter.
    Aug 19 02:04 PM | Likes Like |Link to Comment
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