American Airlines – “Good enough...as far as airlines go.”

Pros

Good benefits, travel, and opportunity to participate in projects that make an impact on the company. Benefits package is quite extensive, likely due to the fact that a high percentage of the workforce is organized with labor contracts setting a floor on many of the benefit options. Retirement benefits are typical with 401k with match up to 5.5%. No defined benefit plan anymore for non-union. Travel perks are among the best and fairest among airlines, however, planes are increasingly full so stand-by travel is sometimes difficult.

Cons

Poor profitability, dismal industry limits financial upside. Returns from Stock based incentive compensation can be minimal.

Advice to Senior Management

Practice accountability at the senior levels