{"id":180398,"date":"2017-04-29T19:37:00","date_gmt":"2017-04-30T00:37:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2017\/04\/29\/not-enough-bullets-32\/"},"modified":"2017-04-29T19:37:00","modified_gmt":"2017-04-30T00:37:00","slug":"not-enough-bullets-32","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2017\/04\/29\/not-enough-bullets-32\/","title":{"rendered":"Not Enough Bullets"},"content":{"rendered":"<p>American Airlines tends to underpay its employees relative to industry norms, and it shows.<\/p>\n<p>Now that some of its unions have won some benefits in contract negotiations, <a href=\"http:\/\/www.latimes.com\/business\/la-fi-american-airlines-raises-20170427-story.html\">the malefactors of great wealth are whining<\/a>:<\/p>\n<blockquote><p><span style=\"color: blue;\">American Airlines is giving pay raises to its pilots and flight attendants, who have complained they are paid less than peers at other airlines. Wall Street isn&#8217;t happy.<\/span><br \/><span style=\"color: blue;\"><br \/><\/span> <span style=\"color: blue;\">The raises come about two years before contract negotiations. Assuming they approve the increases, pilots and flight attendants will receive additional pay totaling close to $1 billion over three years.<\/span><br \/><span style=\"color: blue;\"><br \/><\/span> <span style=\"color: blue;\">At a time when American and other airlines are seeing higher costs for labor, fuel and maintenance while finding it difficult to raise airfares, this goodwill gesture didn&#8217;t sit well with investors.<\/span><br \/><span style=\"color: blue;\"><br \/><\/span> <span style=\"color: blue;\">\u201cThis is frustrating. <b><span style=\"font-size: 100%; font-variant: small-caps;\">Labor is being paid first again. Shareholders get leftovers<\/span><\/b>,\u201d Citi analyst Kevin Crissey wrote in a note to clients. Investors showed their displeasure by sending American Airlines Group Inc.\u2019s stock down 5.2% to $43.98 on Thursday.<\/span><\/p><\/blockquote>\n<p>(<i>emphasis mine<\/i>)<\/p>\n<p>Seriously, Mr. Crissey needs to be sent to China and forced to work at Foxconn 14 hours a day and 7 days a week for $300 a month making iPhones.<\/p>\n<p>Airlines suck like 1000 Hoovers all going at once, and much of this is because the endless downward pressure on wages, working conditions, by senior management.<\/p>\n<p>If American does not want to become the passenger beating\/bunny killing United, it needs to improve its product, and its product is produced by those icky labor sorts.<\/p>\n<p>Please Kevin Crissey, while you are dining on that excrement, could you do us the favor of expiring.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>American Airlines tends to underpay its employees relative to industry norms, and it shows. Now that some of its unions have won some benefits in contract negotiations, the malefactors of great wealth are whining: American Airlines is giving pay raises to its pilots and flight attendants, who have complained they are paid less than peers &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[365,368,364,456,465,504,403],"class_list":["post-180398","post","type-post","status-publish","format-standard","hentry","tag-business","tag-corruption","tag-evil","tag-finance","tag-labor","tag-philosophy","tag-wanker"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/180398"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=180398"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/180398\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=180398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=180398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=180398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}