Guest WA777 Posted April 8, 2003 Share Posted April 8, 2003 From APA to AMR "Any plan that disregards the importance of maintaining the morale and loyalty of the frontline worker will be handicapped from the outset and most likely will fail" Is there any chance the restructuring plan and AC management is smart enough to see the wisdom here? Link to comment Share on other sites More sharing options...
dragon Posted April 8, 2003 Share Posted April 8, 2003 T7 That Don Carty is a wise man, knows when to push and when it is in his best interests to pull back a little. As acrimonious as the relationship is down there, seems like there is a generous portion of respect [mutual] as well. There is a lot of work to do, there is a right way, and a wrong way. Lets hope our young king and his wise sidekick are aware. Cheers comrade Link to comment Share on other sites More sharing options...
Guest Airmail Posted April 8, 2003 Share Posted April 8, 2003 It seems to me that what AA and AC managements tried to do were nearly identical. Don't forget the APA claims that Carty was negotiating in "bad faith" on the Thursday before agreeing to the concessions. The difference seems to be an ability on the part of the APA to recognize what bankruptcy protection will mean to their members and ACPA's inability to do so. ACPA seems to have played a game of chicken (any doubts Read Capt Don Johnson's previous comments on CCAA which he'd rather you forgot about) and lost. Now it's up to a judge, a monitor, creditors, bondholders and a whole host of other interested parties to determine your futures! Remember the old adage: be careful what you wish for! Link to comment Share on other sites More sharing options...
ChicoChico Posted April 8, 2003 Share Posted April 8, 2003 AMR ain't out of the woods yet.. Link to comment Share on other sites More sharing options...
Guest Pull Up Posted April 8, 2003 Share Posted April 8, 2003 Don't be so quick to say ACPA wouldn't play ball. ACPA was willing to make concessions, and pretty drastic ones at that. 22% ain't chump change. The problem was AC management wasn't willing to take the same hit across the board, and ACPA's stipulation was all groups take the same hit. The fact that AC wanted the 22% on top of an existing 8%, coupled with layoffs, for a total of 8 years was a Frank Lorenzo end run if there ever was one. Had ACPA agreed, I think they would have still filed for CCAA, and then the company would have a new base line to start cutting from. I think the bluff was there alright, but it was from AC management, and their bluff was called,much to their chagrin. Now we'll get one hair cut, not two in a row. I fully support ACPA on this decision. By the way, what were the other employee groups willing to give up and for how long? Same as ACPA? Not that it really matters now, cause she's all water under the bridge. When AC said ACPA wouldn't budge, that was an outright lie. AC's idea of budging is more akin to "Grab your ankles you're going to take the whole thing". Link to comment Share on other sites More sharing options...
Guest Airmail Posted April 8, 2003 Share Posted April 8, 2003 Actually, ACPA was proposing 22% over 40 weeks and then more talks -- which, in this environment is a whole lotta nothin'. Link to comment Share on other sites More sharing options...
Guest Pull Up Posted April 8, 2003 Share Posted April 8, 2003 In an environment where both sides trusted each other, negotiations could/ would take place after the "40 weeks". In the past, with many LOU's, ACPA has often gone back to the table and extended LOU's when requested by management and ratified by the members.Oh yeah, that word "trust" again, you know, the one management likes to use without showing the integrity that trust is built on. Link to comment Share on other sites More sharing options...
Guest Airmail Posted April 8, 2003 Share Posted April 8, 2003 Hmmm...trust...funny how it's often expected but rarely offered. Alas, it is now no longer in the hands of management and ACPA alone -- the faceless creditors and bondholders shall too have a say. Link to comment Share on other sites More sharing options...
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