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Their unions basically forced them into bankruptcy because of unrealistic demands and this is what they ended up getting in return.
Just think of how many jobs will be lost outside of the company with 13,000 less people having paychecks to spend.
Nope. All the majors went bankrupt years earlier and were able to cut their expenses. AA tried to make it work without doing so but failed. You want to blame it all on unions.
Southwest is the most unionized airline and the most profitable. Their pilots/mechanics/flight attendents are paid higher on average.
The problem with right wing lemmings is that they think corporate leadership can do no wrong, they think market forces are irrelevant.
Unions are often a huge part of the bankruptcies. Pension plans that are insanely generous and someone has to continue to fund them. The state of California is again in serious financial woes. Guess when I have time I'll search online for some breakdown of how much of their problem is because of Unions.
Here's some wisdom.... If the unions ever got into Walmart, it would without question cease to BE Walmart. There would be no claim to being the "low price leader." Unions would force so many changes, insane bennies and pensions that Walmart would be forced to raise prices continually.
Of course that would be fine for the unions, as long as the higher prices on all of us were to benefit the union changes.
Nope. All the majors went bankrupt years earlier and were able to cut their expenses. AA tried to make it work without doing so but failed. You want to blame it all on unions. B.S
The American Airlines union members had just as good of pay (if not better) and much better benefits than employees at American's competitors. AMR (the parent company of AA) tried hard to avoid bankruptcy but the unions wouldn't agree to give anything - even though the company was losing money and the unions kept demanding more.
Now the unions will face lower pay and benefits and many, many union members (and many others) will lose their jobs. Very counterproductive behavior.
Poor decisions by upper management is 90% of the problem. Bad fuel contracts and stupid management.
The unions have taken many hits and given up a lot. You can't do the job much cheaper with a non union workforce and still keep those flying cans in the air.
The American Airlines union members had just as good of pay (if not better) and much better benefits than employees at American's competitors. AMR (the parent company of AA) tried hard to avoid bankruptcy but the unions wouldn't agree to give anything - even though the company was losing money and the unions kept demanding more.
Now the unions will face lower pay and benefits and many, many union members (and many others) will lose their jobs. Very counterproductive behavior.
AA didn't go bankrupt because of their difference in labor costs. That's pure 100% fiction on your part.
The profit margins in the airline industry are either non-existent or extremely low. There are too many seats chasing to few customers. In that enviroment, a cost difference of 1% can be the difference between being a survivor or being driven out of business.
You want to just blame it on the worker, and whittle away more a their pathetically low pay.
It's amazing how much right wingers hate people trying to earn a living and asking for fair compensation.
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