American Airlines Plunges Into Bankruptcy

Congratulations AA, So happy to pay your bills for you. Sincerely, American Taxpayer. These Chapter 11 bankruptcy laws should be rewritten so these companies just can’t file on a whim.

“American was the only major U.S. airline that didn’t seek bankruptcy protection after the 2001 terrorist attacks.” We are so happy to learn that Southwest, JetBlue and AirTran are not Major Airlines!

Ok this is a Union issue agian. I am not anti-union. I am anti-stupid. Unions that yell give me, give me, give me are stupid when your company goes bankrupt an your Union member loss thier jobs everyone losses. When will Unions learn that there are other things besides money that works need. I have respect for the Unions that see that the company is in trouble and works with them to save it. But some Unions just do not care and those will kill the country.

I sincerely hope they come out of this better off and without merging with another carrier. Since the Continental/United merger, their airfares have skyrocketed and forget about trying to fly non-stop out of Newark Liberty…..their prices are astronomical. We don’t fly them anymore. We fly American because they are the most affordable and have wonderful service.

Sounds familiar huh? Unions and companies filing for bankruptcy, I think I am seeing a pattern here. Duh!!!

The universal union creed: “We are entitled! We are invincible! We are unskilled! We are UNION!!!”

p.s. to those folks who think all AA employees are union- they are NOT. only pilots and flight attendants are unionized. all reservation staff is NON union.

I’m not surprised by this at all. The service on AA has dropped dramatically over the last few years, to a point where my company avoids them if at all possible, even if they have the lowest rates. Their baggage fees were what finally made me stop using them for personal travel as well. Put the customer first and then you might not have to file for bankruptcy!

AA Flt Attendants you should becareful of what you say and do to other airlines. What goes around comes around…… It doesnt feel good when your company goes BANKRUPT. I hope this is an eye opener for the AA Flt Attendants that the industry has changed
. You guys are being selfish. On domestic you guys make 46.00 hr and anything flown over 70hrs you are at 52.90hr. International your at 49.14 hr anything flown over 70 hours your at 56.51. Demanding pay rates of a 2003 contract or you will strike is not right considering the shape of your company. Well I hope you are ready for whats to come. I hope that you are treated better than the way you treated TWA! Good Luck!

I will not fly American since they left my car seat in Chicago on my trip to Maine so I arrive in Maine with a 6 month old and NO car seat to leave the airport in…. they told me they would deliver it later *LOL* yeah, that really helps THEN..they couldnt have had enough smarts to take off bags to accomodate a car seat *sigh* they tried to then offer me dirty expired car seats that people had left behind…luckally my cousin was able to bring me an extra after all that so we could at least leave the airport

I wasn’t aware the unions forced gas to go up nor set off a recession. I thought that was speculation and a housing bubble. Shame on those pilots for demanding a living wage. And the mechanics? Why that should be a minimum wage job.

Posted by: lexingtonlady
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Actually, this time I don’t think it is a union issue. The main issue seems to be higher fuel prices. Now what would cause higher fuel prices?

There is an old economic law. The greater the supply, the lower the price. The lower the supply, the higher the price. What would cause the supply of fuel to be low?

I would say a DIFFERENT group of far left loons. The greatest, most holy group of all: the global warming activists both in the government and out who are blocking oil drilling.

Why hasn’t anyone asked what sort of golden parachute Arpy received for sending the company into bankruptcy?

they are like the goevernment don’t do how to make cuts so they raise there prices.if all the airports would shut down maybe the government would do something about fuel and heating oil prices in this country ,but thats right we have a democrat congress and president that don’t want to have oil refine here in the united states and until we do we are done.

AA recently got hit with massive fines for having passengers sitting on tarmac. Airlines then have to charge passenges higher fees. But passengers who were stranded got nothing. WHERE DOES ALL THE MONEY GO FROM THESE FINES – CONGRESSMENS BUDS SLUSH FUNDS??
Its time govnt agencies be investigated. Like the gold in Ft Knox, reportedly all counterfeited with tungsten cores now, there are reasons Ron Paul wants an investigation and not accepthing the word of Fed Reserve (NOT a govnt agency). This country is run by the criminals

I feel sorry for American Airlines as bankruptcy may not fix the underlying problem for very long.Volatile fuel prices,labor unrest, incredibly expensive equipment to buy and maintain,more Gov’t regulations ect.are not going to go away.Southwest Airlines seems to be the standard that competitors are trying to imitate but if you look closely they are not the same airline as when Herb Kelleher was running it.All airlines fail over time even Jetblue and Southwest will.If I can drive my car to a destination in around 5 hours,forget flying.what a hassle.

I happen to be one of those people that bust my butt to get the plane ready for on time and safe departure corporate america needs to quit being so greedy and pull their head out of their—!!!!! after avoiding bankruptcy thanks to the many sacrifices that the employees made by giving concessions our CEO Mr Carty the previous Ceo decides to retire and who pays the price the employee’s but, yet we fight to get back what we deserve through union negotiations and they simply throw a trump card Bankruptcy and now Mr Apprey decides its time to retire after insulting the employee’s. Ceo Carty walked away with 2 million est.. package for retirement while employees suffer I would be curious to know what Mr. Apprey is walking out with? would nt you? See the pattern here? Labor cost are to high they say, I say the corporate greed and bonus’s are what needs to be cut!

Ivan: You should be aware that any oil drilled here in the US ends up on the world market, and not on US soil. Drilling here will do nothing to the price of oil because OPEC will REDUCE output to compensate and keep prices high. Besides, once oil became a commodity, supply and demand was off the table as a price indicator. It’s all about speculation now.

Faced with high labor costs and rising prices for jet fuel, American Airlines parent company AMR filed today for Chapter 11 bankruptcy.

all you need to know !!!!!!!!!

I had no idea how many people are to blame;the unions of course, the people that know global climate change is real, the bagage handlers, Obama, regulations, FAA. I would think that the above theories, prove that the answer is not simple and the people claiming to know the answer are.

AMR/JAL both now under bankruptcy…
AMR planes are old and outdated they haven’t change their livery…
AMR never made an upgrade system…
AMR merged with TWA…they should have kept TWA name
AMR boring old uniforms
AMR old fashioned company

And how much will Gerard Arpey get in retirement compensation while the shareholders (and AA employee 401K’s) are given nothing as their stocks will be worthless now?
If he or anyone on the board is given a single dime in a retirement package, I hope shareholders sue AA out of existence.

BIG JIMMY | November 29, 2011, 2:59 pm posted: “The high cost of fuel and the high cost of BIG UNION LABOR does it every time!”

Then why, BIG JIMMY, do the union employees who work for SWA earn more? In October, Southwest Airlines posted a higher-than-expected quarterly profit and bookings looked strog enough tos send its shares up 4%.

Meanwhile, AA’s outgoing CEO Arpey was paid $5.2 MILLION last year even though his company posted $471 MILLION in losses! Americans are weary of Right Wingers promoting the idea that it’s OK to destroy decent family wages and benefits so the top 1% – non-performers, not “job creators” – can be paid obscene amounts of money.

I retired from a large Aerospace company 7 years ago. Shortly thereafter, they eliminated the pension plan. Only a matching 401K now. Fortunately for me, I was grandfathered. Nothing to say if they ran into trouble and filed bankruptsy it couldn’t all go away. BTW, I also think many instances of executive pay is outrageous.

It couldnt happen to a crappier airline. rude and arrogant flight attendants, high prices and again rude and arrogant lousy flight jerks. I stopped flying them some time ago and would actually call them to tell then that they would likely be bankrupt soon because of the way they treat people. As far as I am concerned they have no one to blame but their selfish rude arrogant selves. I hope the flight attendants are happy with the results (resluts) of their attitudes and enjoy the spot in the back of the line at the unemployment office. They likely wont be getting stale peanuts and soda served there. Ha ha ha. another union fiasco. I hope they all get thrown out on their fat arrogant asses.

AA is a horrible, filthy, rude, arrogant airline and deserves to be thrown out on its stupid selfish ass

My mom works for american airlines and is a single mother she cant afford to lose her job.She has dedicated 25 years to american airlines and is now 51 that is almost half her life.I see her wake up every morning happy and excited to go to work.I really hope she does not loose her job because she is such a good mother and employee.