AAL Increasing Fleet; DAL and UL Shrinking
06-19-2016, 02:38 PM
#1
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AAL Increasing Fleet; DAL and UL Shrinking
Last week, American Airlines (NASDAQ:AAL) returned to a tried-and-true strategy to scrounge up more pilots for its regional carriers: big signing bonuses. Delta Air Lines (NYSE
AL) and United Continental (NYSE:UAL) are taking a different approach, though. They are trying to reduce regional flying as much as possible.
AL) and United Continental (NYSE:UAL) are taking a different approach, though. They are trying to reduce regional flying as much as possible.Read more here:
The U.S. Pilot Shortage Continues to Rear Its Ugly Head -- The Motley Fool
06-19-2016, 03:05 PM
#2
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Didn't even read the whole article. UAL and DL are growing mainline while shrinking regionals. Totally misleading title.
06-19-2016, 03:26 PM
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The article says as much as well. AAG isn't growing in the right sector. UAL/DL are moving in the right direction by removing most 50 seat lift and replacing it with mainline lift.
06-19-2016, 04:14 PM
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Sorry, for some reason the mods have a very small character limit in the thread subject line, it is hard to get a point across in the title a lot of times.
06-19-2016, 04:24 PM
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AAG will likely follow the rest of the industry. As is usually the case though, being an industry follower as opposed to an industry leader, it will end up costing them more in the end.
The odd thing is, US Air was one of the first mainline companies to establish an E190 fleet. When Parker took over, he had a perfect opportunity to grow the fleet and fill the 90 - 110 seat market gap. Instead, he wasted millions trying to pressure the regional airlines into lower costs to only have market forces to require him to reverse almost every cost cutting initiative.
AAG shareholders have paid him millions and he has accomplish nothing in two years. They should have paid him to sit in his office and do nothing and AAG would still be better off than it is today.
The odd thing is, US Air was one of the first mainline companies to establish an E190 fleet. When Parker took over, he had a perfect opportunity to grow the fleet and fill the 90 - 110 seat market gap. Instead, he wasted millions trying to pressure the regional airlines into lower costs to only have market forces to require him to reverse almost every cost cutting initiative.
AAG shareholders have paid him millions and he has accomplish nothing in two years. They should have paid him to sit in his office and do nothing and AAG would still be better off than it is today.
06-19-2016, 04:31 PM
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They've also spent over $6 billion on stock buybacks in the last two years. Conceivably this helps to raise the stock price......but in this case it hasn't. It's a failed policy. The stock is at its 52 week low and flirting with all time low territory.
06-19-2016, 05:05 PM
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AAG will likely follow the rest of the industry. As is usually the case though, being an industry follower as opposed to an industry leader, it will end up costing them more in the end.
The odd thing is, US Air was one of the first mainline companies to establish an E190 fleet. When Parker took over, he had a perfect opportunity to grow the fleet and fill the 90 - 110 seat market gap. Instead, he wasted millions trying to pressure the regional airlines into lower costs to only have market forces to require him to reverse almost every cost cutting initiative.
AAG shareholders have paid him millions and he has accomplish nothing in two years. They should have paid him to sit in his office and do nothing and AAG would still be better off than it is today.
The odd thing is, US Air was one of the first mainline companies to establish an E190 fleet. When Parker took over, he had a perfect opportunity to grow the fleet and fill the 90 - 110 seat market gap. Instead, he wasted millions trying to pressure the regional airlines into lower costs to only have market forces to require him to reverse almost every cost cutting initiative.
AAG shareholders have paid him millions and he has accomplish nothing in two years. They should have paid him to sit in his office and do nothing and AAG would still be better off than it is today.
06-19-2016, 06:34 PM
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Fresh out of bankruptcy in the current airline market place, the airline is making money despite him, not because of him.
06-19-2016, 07:04 PM
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Not sure how the 3 WO are doing with attracting pilot's, but me thinks Parkers path to the majors plan is going to fall flat. Not attracting enough pilots to even keep his regionals staffed.
