Todos hacen negocios y nosotros en la espera de que se decidan los del desgobierno, pero eso sí, felipito dandose de golpes de pecho y rezando a los pies de la Virgen de Guadalupe, expiando culpas y pecados, como a principios del siglo pasado lo hacian los hacendados, cada fin de semana después de romperle la madre a los trabajadores con su tienda raya.
ATW's Skypaths 12/19/11
AirTran Airways will launch daily Orange County service to Cabo and Mexico City, as well as San Antonio service to Cancun (4X-weekly) and Mexico City (daily), "as early as May 24, 2012." It will also launch daily service to Orange County from San Francisco and Las Vegas June 3.
Aeromexico launched 3X-weekly Zacatecas-Chicago O'Hare service.
ATW Home » Airline Finance / Data »
American CEO says Chapter 11 to be 'complex,' warns of takeover attempts
By Aaron Karp | December 19, 2011
Even though American Airlines (AA) is in a relatively strong position for a bankrupt airline—with $4.1 billion in cash on hand, more than $6 billion in revenue generated quarterly and an expansive network underpinned by oneworld membership and other international partnerships—chairman, president and CEO Tom Horton acknowledged last week that the Chapter 11 process will be "complex" (ATW Daily News, Nov. 30).
He warned the company's employees in a Dec. 15 letter that "it will undoubtedly be a path with many twists and turns—much will be unpredictable."
Horton told workers that AA "will have to change the way we do business," necessitating "very tough and sometimes unpopular decisions that will impact people's lives. We will restructure our debt and aircraft leases, and as we do we will undoubtedly need to ground some planes and resize our network before we can turn the corner and grow again. And, regrettably, we will most certainly end the process with fewer people than we have today." AA entered into Chapter 11 with about 80,000 employees.
AA's new CEO emphasized that achieving "next-generation, competitive labor contracts" is critical to the restructuring. "Level the playing field [with other US legacy airlines] and American will win," he said. "It doesn't take too much imagination to picture what we can do … once we have a competitive cost and capital structure in place."
But, he cautioned in his letter, "outside parties … may try to knock us off our path. Some will say we should shrink the company dramatically, close hubs and lay off thousands more to create the greatest value for creditors. Some will say the company should be sold or broken up. And as we've seen before in this industry, there may be opportunists who wish to acquire our company while we are in this situation … Internal discord will not serve us well."
ATW's Skypaths 12/19/11
AirTran Airways will launch daily Orange County service to Cabo and Mexico City, as well as San Antonio service to Cancun (4X-weekly) and Mexico City (daily), "as early as May 24, 2012." It will also launch daily service to Orange County from San Francisco and Las Vegas June 3.
Aeromexico launched 3X-weekly Zacatecas-Chicago O'Hare service.
ATW Home » Airline Finance / Data »
American CEO says Chapter 11 to be 'complex,' warns of takeover attempts
By Aaron Karp | December 19, 2011
Even though American Airlines (AA) is in a relatively strong position for a bankrupt airline—with $4.1 billion in cash on hand, more than $6 billion in revenue generated quarterly and an expansive network underpinned by oneworld membership and other international partnerships—chairman, president and CEO Tom Horton acknowledged last week that the Chapter 11 process will be "complex" (ATW Daily News, Nov. 30).
He warned the company's employees in a Dec. 15 letter that "it will undoubtedly be a path with many twists and turns—much will be unpredictable."
Horton told workers that AA "will have to change the way we do business," necessitating "very tough and sometimes unpopular decisions that will impact people's lives. We will restructure our debt and aircraft leases, and as we do we will undoubtedly need to ground some planes and resize our network before we can turn the corner and grow again. And, regrettably, we will most certainly end the process with fewer people than we have today." AA entered into Chapter 11 with about 80,000 employees.
AA's new CEO emphasized that achieving "next-generation, competitive labor contracts" is critical to the restructuring. "Level the playing field [with other US legacy airlines] and American will win," he said. "It doesn't take too much imagination to picture what we can do … once we have a competitive cost and capital structure in place."
But, he cautioned in his letter, "outside parties … may try to knock us off our path. Some will say we should shrink the company dramatically, close hubs and lay off thousands more to create the greatest value for creditors. Some will say the company should be sold or broken up. And as we've seen before in this industry, there may be opportunists who wish to acquire our company while we are in this situation … Internal discord will not serve us well."
