Eagle Life
11-15-2011, 04:04 PM
#4242
Gets Weekends Off
Joined APC: Aug 2011
Position: Cloud surfing
Posts: 492
11-15-2011, 04:46 PM
#4243
Gets Weekends Off
Joined APC: Feb 2007
Posts: 117
I really enjoy flying with kids like yourself that think that knows everything. I still call the shots like it or not.Oh, you're bragging about making 110K/yr? Please
11-15-2011, 05:27 PM
#4245
Gets Weekends Off
Joined APC: Dec 2007
Posts: 618
11-15-2011, 05:31 PM
#4246
Gets Weekends Off
Joined APC: Feb 2011
Posts: 820
Before start checklist.
11-15-2011, 05:32 PM
#4247
Gets Weekends Off
Joined APC: Aug 2008
Posts: 545
Heads up... here come the fear grenades 
I could post an entire thread worth of fear grenades that have turned out to be duds...many directed at me personally. What have I learned: don't listen to the crusty, jaded, "I hate my life" types who use internet forums as release valves.
I could post an entire thread worth of fear grenades that have turned out to be duds...many directed at me personally. What have I learned: don't listen to the crusty, jaded, "I hate my life" types who use internet forums as release valves.
11-15-2011, 05:32 PM
#4248
Gets Weekends Off
Joined APC: Feb 2011
Posts: 820
Why? So they can continue to loose money quarter after quarter until its all gone? Or because they want to give union workers bigger contracts just so they end up screwing creditor and employees when they file? That cash on hands gives them more leverage to emerge from bankruptcy then if they entered with nothing. If they go into BK with nothing they run the risk of full liquidation. You got to have assets and cash or they will not be able to restructure and attract exit financing. No cash or assets, no airline, plain and simple. Plus they can screw the employee’s into lower wages, terminate the pensions, and force all creditors to take a haircut on their notes. BK is a win win for AMR. In 2004 they hired Goldman to studying the airline and they suggested filing then. They said no way the airline will survive under its current model. They were right, we are weeks or months away from AMR walking into a federal court near you.
It does not work like that, when you go BK that money becomes the courts and is used towards debt and the restructuring, the court if they wanted to could put it toward pensions. Also top management is going to lose a lot in bk.
11-15-2011, 05:39 PM
#4249
Gets Weekends Off
Joined APC: Feb 2007
Posts: 117
Lol, "before start checklist?" that again? We get it, you've been here longer than 5 years, you want a trophy?
Probably the same reputation among family too, they'll all give you the same smile to your face too.
Whatever though, I don't know you, just what I hear about you.
Probably the same reputation among family too, they'll all give you the same smile to your face too.
Whatever though, I don't know you, just what I hear about you.
11-15-2011, 05:42 PM
#4250
Gets Weekends Off
Joined APC: Aug 2008
Posts: 545
Lol, "before start checklist?" that again? We get it, you've been here longer than 5 years, you want a trophy?
Probably the same reputation among family too, they'll all give you the same smile to your face too.
Whatever though, I don't know you, just what I hear about you.
Probably the same reputation among family too, they'll all give you the same smile to your face too.
Whatever though, I don't know you, just what I hear about you.
I have seen it far too often, both in the airlines and at my previous 135 and CFI jobs.
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