american airlines

Tag Archives for american airlines.

Will American Airlines File Bankruptcy?

by Gary Leff

depressed businessman leaning his head below a bad stock market chart
Jun 28 2020

There’s no question American Airlines, and all of the major U.S. airlines, survive 2020. The federal government gave them over $50 billion. The question is what revenue looks like in 2021, and whether airlines can get closer to breaking even including debt service.

Once that happens though if American Airlines is carrying more debt, with greater debt service, they’ll financially underperform the industry. And then Chapter 11 bankruptcy starts looking attractive in order to get competitive costs. Financial markets appear to be predicting there’s a reasonable chance of it. Doug Parker says it’s not in the cards – and stands to lost out personally if they do given his 2.4 million shares in the company.

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It Takes Multiple Violations Before American Airlines Bans Most Passengers Who Won’t Wear Masks

by Gary Leff

Jun 27 2020

Flight attendants at American Airlines are submitting “a couple dozen” reports per day on passengers refusing to wear masks, according to Senior Vice President of Flight Services Jill Surdek at a question and answer session with flight attendants this past week, a recording of which was reviewed by View From The Wing.

Corporate security reviews each report and it’s a “super easy decision” to ban the passenger after they’ve been reported “multiple times.”

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EXCLUSIVE: CEO Doug Parker Gives Growth And Employment Forecast For American Airlines

by Gary Leff

Jun 26 2020

Doug Parker has shared with unions this week that American Airlines expects to be a 10%-20% smaller airline in summer 2021 than before the coronavirus pandemic. In the fall they’ll have 20% – 30% too many people on staff, and they’ll have to reduce the flight attendant work group based on that number – while retaining pilots based on where they plan to be by mid-2021.

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Controversy Erupts Over American Airlines Employee Praying At The Gate

by Gary Leff

Jun 26 2020

A passenger noticed an American Airlines employee at Washington National airport offering a prayer over the PA system at one of the gates and videotaped it. They sent it to a friend who shared it to twitter with outrage. Although I don’t really see anything wrong with offering a prayer right now, it may even bring some comfort during difficult times.

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American Pledges Up To 1 Million Business Extra Points For Minority-Owned Businesses, Non-Profits

by Gary Leff

british tail plane
Jun 25 2020

American Airlines has a small business program, Business Extra, that gives points to businesses when their employees travel on the airline. This is separate from, and in addition to, the AAdvantage miles that travelers earn themselves.

The airline announced today that they are giving up to 1 million Business Extra points to minority-owned small businesses and also non-profits.

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Outside Union Is Sending Face Masks To American Airlines Flight Attendants

by Gary Leff

Jun 23 2020

The independent Association of Professional Flight Attendants represents cabin crew at American Airlines. They have been dysfunctional for years and to Sara Nelson, the supposed ‘most powerful flight attendant in America,’ they look like a juicy target for her Association of Flight Attendants which is affiliated with the Communications Workers of America and AFL-CIO.

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