I assume these recent policy changes are leading up to another GAC layoff we are known for, but why. Our earnings call presented good numbers with a small dent due to L1 being worse then expected. But they aren’t 2019-2021 bad. I’m guessing the policy is to help push as many people out as possible so they get to lay off less ppl (slightly better PR). So it had me wondering is this just more of AA’s genius “culture” work, or a MB push for GD?
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The AIN and Pro Pilot’s surveys are not the issue, Gulfstream wasn’t any worse from a scoring perspective than the previous year it’s the rest of the participants simply scored better year over year which dropped Gulfstream in the ratings. The real issues is the number of late 700 deliveries and the reduced cash flow. If you listened to the earnings call you might have heard an investor reference cash flow challenges.
I think it may have something to do with the results from the AIN (Aviation International News) magazine. GAC dropped in just about every category from last year. Now ranked #4 out of 5 in the overall business jets category. Customer Support used to be #1, now they have fallen off track. They have to put the blame somewhere and instead of looking at leadership, they go to the little people. It’s easier to can someone you don’t know than it is your buddy.