American Airlines' Philadelphia Pilots Call For CEO's
Removal
Doug Parker speaks to airline
summit
American Airlines pilots have grown increasingly unhappy with
the carrier's performance, leading Philadelphia pilots to call for the removal
of CEO Doug Parker while the national union plans a demonstration in Dallas next
week.
Allied Pilots Association represents about 15,000 American pilots.
It plans to demonstrate in Dallas on Jan. 29. Spokesman Dennis Tajer says pilot
interest in participating is high.
As for the call for removal, Tajer
said, "This is the Philadelphia pilots showing frustration that exists across
the system.
"For now, our national leadership is calling for the repair
of American Airlines and our relationship," he said. "That is why our current
negotiations are so important. Our passengers deserve a better airline and so do
our employees."
With 1,400 members, the APA Philadelphia base is the
fourth largest of the union's 10 bases, trailing Dallas, Miami and Los Angeles.
While Charlotte has the second most flights, many are by affiliated regional
carriers, so Charlotte APA membership is about 1,250.
In the resolution
approved Tuesday, Philadelphia pilots resolved that, "It's in the best interest
of the American Airlines shareholders, employees, communities it serves, and the
traveling public for Doug Parker and his management team to be
replaced.
Pilots "have lost confidence in Doug Parker and his management
team's ability to successfully lead and manage American Airlines and have lost
faith in their ability to provide long term job security for the employees,
consistent financial returns for its investors, and most importantly enjoyable,
reliable service for our customers," the resolution said.
It said that
the 2013 merger between American and US Airways took place only after the US
Airways management team, headed by Parker, gained support from pilot unions at
the two carriers. "In a leap of faith, the pilots of the new American Airlines
supported Doug Parker's plan even though there were serious doubts as to his
credibility with some pilots based on years of prior dealings," the resolution
said. Before the merger, Philadelphia was a US Airways pilot base.
The
resolution said American shares have fallen 50% in the past 24 months, despite
$12 billion in stock buybacks; the carrier's market capitalization is less than
a third of Delta's; American operational performance has trailed peer
performance; "Some airline financial analysts have questioned Doug Parker and
his team's decision to put the company in such a risky leveraged financial
position," and the management team has failed to improve the corporate
culture.
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