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(Washington Post)   American Airlines, which is in bankruptcy and just paid out millions to buy out the contracts of almost 2250 flight attendants, has just announced it wants to hire 1500 flight attendants   (washingtonpost.com ) divider line
    More: Asinine, American Airlines, Americans, AMR Corp., bankruptcy  
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5204 clicks; posted to Main » on 17 Oct 2012 at 3:20 PM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-10-17 12:20:00 PM  
yeah, but not the same battleaxes they're retiring. Duh.
 
2012-10-17 12:25:44 PM  
At minimum wage
 
2012-10-17 12:28:55 PM  
Corporate bankruptcy procedures should involved the mandatory sacking of the entirety of upper management.
 
2012-10-17 12:29:05 PM  
If a baseball team dumps salary of a bunch of aging, overpriced veterans, it still needs players to fill the roster, submitter.
 
2012-10-17 12:29:48 PM  
Clearly, the CEO deserves a massive raise and a huge bonus for this heroic action.
 
2012-10-17 12:31:30 PM  
Probably because the new employees won't have benefits and wages grandfathered in from old union contracts. So not only will they be paid less due to their lower seniority, they'll also be paid less when they achieve equivalent seniority to the previous flight attendants.
 
2012-10-17 12:35:03 PM  

wxboy: Probably because the new employees won't have benefits and wages grandfathered in from old union contracts. So not only will they be paid less due to their lower seniority, they'll also be paid less when they achieve equivalent seniority to the previous flight attendants.


and we're done here. AMR entered bankruptcy court as a quick way to destroy existing contracts with employees and vendors.
 
2012-10-17 12:40:54 PM  

MaudlinMutantMollusk: At minimum wage


Yeah and it worked so great for Circuity City.
 
2012-10-17 12:46:41 PM  

wxboy: Probably because the new employees won't have benefits and wages grandfathered in from old union contracts. So not only will they be paid less due to their lower seniority, they'll also be paid less when they achieve equivalent seniority to the previous flight attendants.


Plus they'll probably be hotter and more flirtatious.

/which is the important part
 
2012-10-17 01:42:56 PM  

Grand_Moff_Joseph: wxboy: Probably because the new employees won't have benefits and wages grandfathered in from old union contracts. So not only will they be paid less due to their lower seniority, they'll also be paid less when they achieve equivalent seniority to the previous flight attendants.

and we're done here. AMR entered bankruptcy court as a quick way to destroy existing contracts with employees and vendors.


That's not a valid reason for bankruptcy. It entered backruptcy because they had $30b in debt and only $4b in cash. In addition, their CASM is quite a bit higher than all the other airlines due to labor and operating an older fleet.
 
2012-10-17 01:46:14 PM  
American Airlines - You'll feel like you've never left the ground...because we treat you like dirt!


-SNL
 
2012-10-17 03:12:32 PM  
I see the future of American Airlines:

4.bp.blogspot.com
 
2012-10-17 03:21:35 PM  

MaudlinMutantMollusk: At minimum wage


THIS
 
2012-10-17 03:23:00 PM  
The smaller the plane, the bigger the stewardess
 
2012-10-17 03:23:10 PM  
Great job you farking union lawyers that created this mess.
 
2012-10-17 03:23:17 PM  

Grand_Moff_Joseph: wxboy: Probably because the new employees won't have benefits and wages grandfathered in from old union contracts. So not only will they be paid less due to their lower seniority, they'll also be paid less when they achieve equivalent seniority to the previous flight attendants.

and we're done here. AMR entered bankruptcy court as a quick way to destroy existing contracts with employees and vendors.


It's not even the wages that are the problem. It's the healthcare, retirement, and healthcare-during-retirement provisions. Those were all set up in the previous contracts under conditions of either CAB regulation or high-growth post-CAB deregulation. The same pyramid scheme kick-the-can-down-the-road stuff that got the Big 3 automakers in trouble.
 
2012-10-17 03:24:44 PM  
" Yeah, about that...."

www.findingdulcinea.compiperbayard.files.wordpress.com
 
2012-10-17 03:25:34 PM  
At so continues the government approved corporate boning of the middle class.


Declare bankruptcy so you can get rid of all your all you employees who have dedicated their lives to you company and who are too old to start over... and replace them with people who will work for cheap because they need jobs. Disgusting.
 
2012-10-17 03:25:38 PM  

FrancoFile: Grand_Moff_Joseph: wxboy: Probably because the new employees won't have benefits and wages grandfathered in from old union contracts. So not only will they be paid less due to their lower seniority, they'll also be paid less when they achieve equivalent seniority to the previous flight attendants.

and we're done here. AMR entered bankruptcy court as a quick way to destroy existing contracts with employees and vendors.

It's not even the wages that are the problem. It's the healthcare, retirement, and healthcare-during-retirement provisions. Those were all set up in the previous contracts under conditions of either CAB regulation or high-growth post-CAB deregulation. The same pyramid scheme kick-the-can-down-the-road stuff that got the Big 3 automakers in trouble.


yet another argument for a single payer health insurance system.
 
2012-10-17 03:26:19 PM  
OMG math, how does it work???
 
2012-10-17 03:26:42 PM  
Dollar cost averaging
 
2012-10-17 03:27:36 PM  

Aarontology: yet another argument for a single payer health insurance system.


That argument is starting to win me over. But I still suspect that employers would offer supplementary insurance as a perk.
 
2012-10-17 03:28:12 PM  
Liberals continue to show they have no farking clue how economics work. This is common in bankruptcy proceedings. See every airline that went through it last decade.
 
2012-10-17 03:28:40 PM  
Airlines never had these problems when they had an age limit on Stewardesses.
 
2012-10-17 03:30:29 PM  
pretty soon we won't have a real flight attendant but one of the passengers will be picked at random to be an "honorary flight buddy" to hand out drinks and show you how to work that really complicated seat belt.
 
2012-10-17 03:30:59 PM  
www.addictinginfo.orgstatic5.businessinsider.comwww.mikechurch.comezkool.comwww.indecisionforever.comwww.indecisionforever.com
/Ladies and Gentlemen, The President Of The United States....
 
2012-10-17 03:31:21 PM  

fireclown: Aarontology: yet another argument for a single payer health insurance system.

That argument is starting to win me over. But I still suspect that employers would offer supplementary insurance as a perk.


I don't think there's anything wrong with that. I believe (could be wrong, but this is my understanding) that this is more or less how the Canadian system works- there's a flat single payer system, but there's also a slightly privatized portion (or somesuch) that uses supplementary policies that can cover other things or get you into clinics with shorter waits.

Even though I'm a free marketer at heart, a single payer system would seem to solve a lot of our current issues with probably very little extra cost to the nation beyond what we ALREADY pay for insurance/copays/other health related expenses.
 
2012-10-17 03:32:08 PM  
`Will that be coffee, tea or a quick handy under a $15 pillow (to supplement my slave wages)?'
 
2012-10-17 03:32:20 PM  

Aarontology: FrancoFile: Grand_Moff_Joseph: wxboy: Probably because the new employees won't have benefits and wages grandfathered in from old union contracts. So not only will they be paid less due to their lower seniority, they'll also be paid less when they achieve equivalent seniority to the previous flight attendants.

and we're done here. AMR entered bankruptcy court as a quick way to destroy existing contracts with employees and vendors.

It's not even the wages that are the problem. It's the healthcare, retirement, and healthcare-during-retirement provisions. Those were all set up in the previous contracts under conditions of either CAB regulation or high-growth post-CAB deregulation. The same pyramid scheme kick-the-can-down-the-road stuff that got the Big 3 automakers in trouble.

yet another argument for a single payer health insurance system.


I'd go the other way. Make health care a TAXABLE benefit. By leaving it untaxed you encourage overconsumption and very inefficient allocation of resources.
 
2012-10-17 03:32:24 PM  

MaudlinMutantMollusk: At minimum wage


Starting wage is 17k/yr.

Most junior FA base is NYC.

What's rent in NYC these days anyhow??
 
2012-10-17 03:33:52 PM  

fireclown: Aarontology: yet another argument for a single payer health insurance system.

That argument is starting to win me over. But I still suspect that employers would offer supplementary insurance as a perk.


That's how it works up here in Canada, yes.
 
2012-10-17 03:34:23 PM  
Smart economics by AA by offering buyouts. They could have just fired them, but they offered them outs with $$$, as per the concessionary contract AMR offered the FA union.

Now, they get to hire FAs who cost less.

Sound greedy? Would you like to pay more in airfare?

Didn't think so.
 
2012-10-17 03:34:27 PM  
Golly, if only there were some way we could force corporations to honor the contracts they made with employees instead of weaseling out of them.
 
2012-10-17 03:35:06 PM  

fireclown: Aarontology: yet another argument for a single payer health insurance system.

That argument is starting to win me over. But I still suspect that employers would offer supplementary insurance as a perk.


Is that so bad? In the UK, private health insurance exists, though few people bother with it, to cover higher-priced private hospitals. But everyone can go see a doctor when they are sick or injured, even if they have no money.
 
2012-10-17 03:36:19 PM  

Aarontology: FrancoFile: Grand_Moff_Joseph: wxboy: Probably because the new employees won't have benefits and wages grandfathered in from old union contracts. So not only will they be paid less due to their lower seniority, they'll also be paid less when they achieve equivalent seniority to the previous flight attendants.

and we're done here. AMR entered bankruptcy court as a quick way to destroy existing contracts with employees and vendors.

It's not even the wages that are the problem. It's the healthcare, retirement, and healthcare-during-retirement provisions. Those were all set up in the previous contracts under conditions of either CAB regulation or high-growth post-CAB deregulation. The same pyramid scheme kick-the-can-down-the-road stuff that got the Big 3 automakers in trouble.

yet another argument for a single payer health insurance system.


Because you trust someone like Mitt Romney to be in charge of your health care?
 
2012-10-17 03:36:32 PM  

oldfarthenry: `Will that be coffee, tea or a quick handy under a $15 pillow (to supplement my slave wages)?'


What airline are YOU flying on?!?!?!?!?!?

I'd book a flight to Detroit for a $ 15 Handy.
 
2012-10-17 03:37:46 PM  
If those old flight attendants had just followed the corporate wishes and voted republican all these years, republican policies would have saved them their jobs. They have no one to blame but themselves. Who's laughing now old hags!


/republicans because some people believe this crap
 
2012-10-17 03:37:53 PM  
Is American Airlines trying to be the worst airline company still afloat? They damn sure seem like it.

/Never flying AA again
 
2012-10-17 03:39:49 PM  

flucto: yeah, but not the same battleaxes they're retiring. Duh.


Actually, the last FA class hired in 2001(long since laid off) comprised "older" individuals.

AA realized that only hiring 22 year olds with no experience leads to employees planning on working for AA for the next 45 years since they have no real business world skills.

Hiring older FAs allows them to cycle in new employees more often than every 12 years.
 
2012-10-17 03:41:27 PM  

The Southern Logic Company: /Never flying AA again


Trust me, you will.
 
2012-10-17 03:42:08 PM  

minoridiot: That's not a valid reason for bankruptcy. It entered backruptcy because they had $30b in debt and only $4b in cash. In addition, their CASM is quite a bit higher than all the other airlines due to labor and operating an older fleet.


At least we'll get one honest post in this thread.
 
2012-10-17 03:42:15 PM  

pciszek: Is that so bad? In the UK, private health insurance exists, though few people bother with it, to cover higher-priced private hospitals. But everyone can go see a doctor when they are sick or injured, even if they have no money.


No, it's not. I'm warming to the idea more and more, even it clashes a bit with my inner free marketeer. What was lurking in the back of my head when I wrote that was that even if we went to a full-on Canadian single payer system, private companies would end up on the same hook with supplemental plans.
 
2012-10-17 03:43:07 PM  

The Southern Logic Company: Is American Airlines trying to be the worst airline company still afloat? They damn sure seem like it.


I have never had an AA flight leave on time.
 
2012-10-17 03:44:02 PM  

fireclown: Aarontology: yet another argument for a single payer health insurance system.

That argument is starting to win me over. But I still suspect that employers would offer supplementary insurance as a perk.


Having a job is the perk.
 
2012-10-17 03:44:11 PM  

FrancoFile: Aarontology: FrancoFile: Grand_Moff_Joseph: wxboy: Probably because the new employees won't have benefits and wages grandfathered in from old union contracts. So not only will they be paid less due to their lower seniority, they'll also be paid less when they achieve equivalent seniority to the previous flight attendants.

and we're done here. AMR entered bankruptcy court as a quick way to destroy existing contracts with employees and vendors.

It's not even the wages that are the problem. It's the healthcare, retirement, and healthcare-during-retirement provisions. Those were all set up in the previous contracts under conditions of either CAB regulation or high-growth post-CAB deregulation. The same pyramid scheme kick-the-can-down-the-road stuff that got the Big 3 automakers in trouble.

yet another argument for a single payer health insurance system.

I'd go the other way. Make health care a TAXABLE benefit. By leaving it untaxed you encourage overconsumption and very inefficient allocation of resources.


Access to preventative medicine reduces costs for everyone.
 
2012-10-17 03:44:13 PM  

Marcus Aurelius: Clearly, the CEO deserves a massive raise and a huge bonus for this heroic action.


As do his entire executive and management team.
 
2012-10-17 03:45:05 PM  

fireclown: Aarontology: yet another argument for a single payer health insurance system.

That argument is starting to win me over. But I still suspect that employers would offer supplementary insurance as a perk.


They do here. Works fine.
 
2012-10-17 03:46:26 PM  

FrancoFile: It's not even the wages that are the problem. It's the healthcare, retirement, and healthcare-during-retirement provisions. Those were all set up in the previous contracts under conditions of either CAB regulation or high-growth post-CAB deregulation. The same pyramid scheme kick-the-can-down-the-road stuff that got the Big 3 automakers in trouble.


When they're trying to fill positions with career-minded folks, that healthcare, retirement, and healthcare-during-retirement stuff gets collectively referred to as 'benefits' - the things they use to get someone to spend 40 years with their airline instead of embarking on another career with higher pay and less chance of falling out of the sky.

When the workforce has aged and begins to collect those benefits, they become "pyramid scheme kick-the-can-down-the-road stuff".

What happens when you enact a long-term plan without thinking of the funding? You get something like the Post Office. The Post Office has gone into repeated default because of a "pyramid scheme" retirement structure (enacted by Congress) that forces them to fund retiree benefits 75 years into the future (i.e, benefits for people who haven't even been born yet, let alone joined the workforce).

Of course, the "solution" is easy; you just let everybody go, replace them with younger workers, and make damn sure those benefits aren't available anymore. For example, the State of Florida is currently pushing young teachers to sign contracts that basically strip them of the right to tenure. Without job security, the state education system can hire and fire teachers at-will, even late in their careers when retirement is on the horizon. If you just graduated with a degree in education and were really passionate about teaching children, you don't have a lot of choice but to sign; you won't get hired in otherwise.

Fun times for new workers.
 
2012-10-17 03:46:41 PM  
Can't stand flying anymore, with TSA, no smoking, can't bring your own booze, baggage fees, handling fees, tax fees, flying fees.......
 
2012-10-17 03:46:59 PM  
They're likely hiring younger staff with lower salaries and benefits..
 
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