Doug promised an industry leading contract. All the employees expect everything to be better.
Funny was with a bunch of IAM Mechanic and Related on Tuesday night in CLT.
A couple of things. I really believe that Parker and Isom believe what is on the table is industry leading. Personally I don't see it that way and neither does much of the membership. (There are outspoken members who want to ratify whats on the table now, but they are the minority I believe). That being said, everyone else is right, industry leading doesn't necessarily mean everything is better, but the sum of the whole contract is better. Clearly what's on the table right now does not meet that bill. One area that will never be industry leading at AA is profit sharing for example. Parker has made it clear he does not believe profit sharing is the best way to compensate employees, but he did cave on this somewhat in recent years, but still AA is far behind United and Southwest, and Parsecs behind Delta. So you are not going to get a contract where everything is better. That being said, Parker is clearly looking at just the wages to define industry leading. But everything else lags in my opinion. So we don't have an industry leading contract on the table. Parker is convinced they do.
Secondly, about the cancelled negotiations next week. Parker says one thing at the meet and greet and the union claims another. I don't know if AA directed the NMB to cancel talks or not, but it would not surprise me if company officials (possibly on the BOD) without Doug Parker's knowledge directed this. There has been a lot of strange things happening lately with AA, this being the latest one. AA reports next week, and I would not be surprised to see the BOD maybe taking some action next week. As has been discussed, company operational performance has been in the tank, the financial performance has been underwhelming (despite being the largest carrier, AA has the smallest Market Cap), and everything has gotten worse under Doug Parker's leadership, and Wall Street has made it clear they are as fed up as the employees are. It is very difficult to annoy Employees, Customers, and Wall Street and keep a CEO job for very long. That being said though, if the company did not direct ask the NMB for this as they claimed, there is nothing stopping the company from meeting with the association to negotiate without the NMB present. Something very strange is going on behind the scenes at AA right now.