Flight attendants don’t deserve a raise.

"IS HE KIDDING?"

Kevin Crissey, an airlines analyst for Citigroup, was widely quoted for opposing raises for American Airlines’ flight attendants. He said, “This is frustrating, Labor is being paid first again. Shareholders get leftovers.”
Mr. Crissey flight attendants are frustrated too.
We’re frustrated by shortsighted analysis from individuals who devalue workers. So-called “experts” who may know balance sheets, but little about maintaining a balance between people and profits. And, we’re not alone.
In an article focused on Mr. Crissey’s remarks entitled Wall Street's grousing about American Airlines' worker raises shows what's wrong with Wall Street, The Los Angeles Times’ Business Columnist Michael Hiltzik asks, “Is he kidding?”
Wall Street has no reason to complain.
  • From 2014 through 2016, American Airlines authorized $9 billion in share buybacks, money that went "directly into shareholders’ pockets."
  • The company also paid out nearly $200 million in dividends to shareholders in each of the past two years.
  • By contrast, the pay raises American recently announced will cost the airline $1 billion over three years. Pilots will get 8% and flight attendants 5% through the end of the current contract.
  • $6 billion was given by American and US Airways flight attendants between 2003- 2012 as concessions to keep carriers solvent and investors whole.
Flight attendants have been asked to do more and more in an environment where flyers are crammed into packed airplanes with smaller seats, less legroom, little overhead bin space and few amenities.
Flight attendants at American Airlines, even with these raises, will be making less than they did prior to 9-11, when accounting for inflation.
The Los Angeles Times’ Hiltzik says, “shareholders will be the victims of [Crissey’s] approach, not the gainers.” The right approach is to value American flight attendants.

Value American Flight Attendants

A message from:
The Association of Professional Flight Attendants (APFA)
About APFA:
APFA is the world’s largest independent Union comprised of 26,000 hard-working Flight Attendants of American Airlines. Like any organization, opinions and interests are varied. What makes APFA unique, though, is its highly democratic process which allows members to make their voices heard through the direct election of their Union representatives and voting power on all Constitutional changes. APFA is proud of its membership’s diversity, passion, and advocacy.

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