My name is Don Smith who is a shareholder, I’m the wreckage retiree, having 41 years service for Kennedy Airport. I’m also the chairman of the American Airlines JFK Alumni Association and we fully support Galvez mentioned. But in your Williams burg presentation discussion, led with the three diamond folks, you mentioned that you want to have the best program in the industry which is also apparent to me.
I would like to represent this particular issue when the first letter came out, which identified that America was the only one in the industry domestically that had same pool between actives and retirees. And we step back away from that, so we had the best plan and the best program.
However, a conscious decision was made to reduce it to a new level, against a new normal level of a best program. And something unfortunate is also happening, I’ve been in discussions with number folks and some from US air, and the US air retirees are pretty upset about this as well, not only just the active USA retirees. And because they see exactly what we see in terms of the D to our situation.
Now, the other thing I also understand is that now we are going to have two groups of retirees. You’re going to at first quest retirees and second class retirees. I understand that the flight attendant agreement from the US air side of the house has been built into the contract if you retire, you work in the company for more than 25 years. You will go as a d2 same as an active employee, not as a d2 are.
Now, if that is in fact correct, then we’re developing other glasses. And so we would like to propose to the board of directors in you that to defer the implementation of v2r until sometime after they entered 2015 and charge the retiree groups to be able to come together with US air. And American sits down around the table and design the best program which keeps with the goal you set.
So we would submit that as a proposal to be addressed by the board of directors yourself and I’m sure the retirees themselves would come up with a beneficial plan on all counts. And we think as mentioned, it should be revenue, driven a contribution to the bottom line through the nominal service.
Charges should be a way to go as an American, and you had to earn your ability to travel to get passes surcharge passes. Now there were some other benefits to that, if you had perfect attendance, you might be awarded a free pass after 25 years. You got treat traveling coach and you’re so charged for business.
And first class the deduction for coach was taken out of those two, so it was a benefit for the over 25s to go business at a reduced rate surcharge and same with first class. So we think that you had the best plan and we keep hearing that commuter effect from here
We’ve had commuters in our midst since the first day, my knowledge about commuters is on the AAA system. They were all able to manage to get to their point of business and the fact is that they are commuting at the personal choice. As we can see, it is like flight crew members who can take the jump seat on many occasions. We’ve seen flight crew members are in an attempt to get an employee family on board which would step up to the plate and take the jump seat. So people could be accommodated the fact that a regular employee, an active employee and retiree have flexibility in their schedule.
It’s not true and active in anybody. It’s a paid passenger or anybody. It looks to get from point A to point B for a reason, and that reason might be family or might be school. It seemed they might get your cruise ship, so we’ve got deadlines ourselves as retirees, not any different than anybody else traveling from point A to point B.
So we think that another look at this could be done. We think it should be read generated to the bottom line and I’ll give you an example of what we mean by that back on the day. It’s something that someone likes flight attendant folks will do. Remember this American Airlines specifically removed olives in a small container that the sky chef people put on the aircraft remove olives in the aircraft, and it’s because of the fuel burn cost of that little container of olives
What happened was the passengers who like the martini with an olive. It got so upset that the flight attendant started carrying jars of Olives in their kit bags. instead of whatever little 4-ounce things, it causes fuel burn, you have six flight attendants carrying jars of Olives, ten times the weight for fuel burn right.
So we think a revenue generating system makes a contribution. It’s nothing else the fuel burn as opposed to be free and unfortunate. We think that the free-for-all turning into a free-for-all and we think that the retiree groups could come together under the auspices of a proposal to come up with the best plan.
And I think we could do that and we could demonstrate that we do have the best plan right now, you’ve got 40 north of 40,000 retirees signing petitions. Is there anything else? So nobody really agrees with the direction of going with the implementation that feeds you. Is it the benefit that everybody is looking for to have the best plan?
So we would submit that to defer 2015 in a group of retiree groups together and I know they’re out there, because you’ve met with some just a few weeks or there was a meeting a few weeks ago. What I understand was that elections have consequences, mergers have consequences and this is the way it’s going to be which we don’t think is a fair way to go.