american airlines

Tag Archives for american airlines.

Doug Parker’s $54 Billion Heist: Ex-American Airlines CEO Takes Victory Lap After Destroying U.S. Commercial Aviation

Jul 29 2024

For Parker and American, this was the heist of a lifetime. He spent all his time in D.C. lobbying and Nelson played a key role. Without Nelson’s cover with the narrative about workers, and bringing along Democratic leadership, it would never have worked. Together, they robbed the American people of $54 billion in direct cash, $25 billion in subsidized loans, plus money for airline contractors and tax subsidies as well.

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Surprising Standoff: Why American Airlines Flight Attendants May Reject Record Raises

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Jul 27 2024

A new American Airlines flight attendants contract gives crew immediate 18% – 20.5% raises, starts paying them (at half pay) during boarding during the first time, and adopts Delta’s generous profit-sharing formula. They also get changes to work rules, meal costs on the road and retirement contributions. It was likely the most they could get from an airline that underperforms financially, putting them on equal footing or slightly above the next-best paid flight attendants in the industry. But it doesn’t give them everything they’d hoped for.

Online, flight attendants are griping.

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$25,000 Retro Pay and 28% Raises: American Airlines Flight Attendants Score Big with New Contract

Jul 26 2024

American Airlines and its flight attendants have a tentative agreement on a new contract, four and a half years after the last one became amendable.

Details of the five year deal are now public. Between immediate pay rate changes and the addition of boarding pay, flight attendants will receive up to 28% raises immediately the month following contract ratification. And they’ll get full retro pay for the time spent without a new contract, which can be over $25,000 per crewmember.

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Peak Season Trouble: American Airlines Braces For Flying Losses, Earnings Call Shows No Plan For Success

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Jul 25 2024

American Airlines profit was down in the second quarter. They’re crowing about record revenue, a lot of that is inflation, and they’re clearly not doing well – profit forecasts were revised downward significantly, and they are now saying they won’t earn anything in the third quarter which is traditionally good. It isn’t winter!

In fact, American Airlines will make money on its co-brand credit cards during the third quarter. That means it will lose money flying airplanes over the summer months. That’s insane.

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Fire At American Airlines New York JFK Terminal 8 Sparks Mass Evacuation Amid Thick Smoke

Jul 24 2024

The American Airlines terminal 8 at New York JFK was evacuated around 7 a.m. this morning after an escalator caught fire in concourse C causing smoke to fill the terminal. Nearly 1,000 people were moved and departing flights were halted, though about 75 minutes later normal operations resumed. Four people were hospitalized out of nine with minor injuries, with none apparently life-threatening.

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American Airlines Reaches Contract Agreement With Flight Attendants

Jul 19 2024

The Association of Professional Flight Attendants has updated its members, sharing that they’ve reached a tentative agreement with American Airlines. Knowing that they were negotiating this week in Phoenix, not D.C. and without the involvement of federal mediators, it was clear that they were close to a deal and simply had to finish up details.

This allows American to trumpet putting labor unrest and substantial risk behind them heading into their second quarter earnings call on Thursday of next week.

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