Seeking Alpha


Send Message
View Nettligent's Comments BY TICKER:
  • How A DCF Process Could Have Made Or Saved Big Bucks In AMR [View article]
    To make more money and stay in business maybe American Airlines can push the seats closer together to get more bodies on the plane, start charging for food, prime seats, add expensive luggage fees to raise more money, and make flying a terrible customer experience. Oh wait, American Airlines already do that.
    American Airline are charging more, 10% increase from last year alone. Looks like its time for the unions to take some cuts from their bloated paychecks. The unions are creating their own extinction by being as greedy as the businesses. Like government employees, union airline employees are some of those overpaid workers in the country and Americans are sick of it.
    How about cutting the CEO and all the Vice Presidents pay first that's the largest amount of wasteful spend is. As American Airlines drifted into bankruptcy, CEO Gerard Arpey was given an 11% pay increase to $5.2M, as if he were doing some extraordinarily wonderful job. Abysmal performance, trailed ALL of his rival companies, middle of a recession ... and AMR gave him a half million dollar increase in pay. Makes sense for a bankrupt business ... transfer the wealth to executives before you file with the government.
    Or, American Airlines could make flying a better customer experience, charge more, and everyone coould come out ahead; airlines make money, happier customers. Writing this from an asylum...obviously a crazy idea.
    Nov 29, 2011. 11:46 AM | Likes Like |Link to Comment
More on AAL by Nettligent