Originally Posted by
Bucking Bar
Carl,
Your numbers are way off. In fact, the economic effects of the 9/11 attacks were relatively benign and less than initially anticipated.
It's hard to discuss this when there is so much evidence to the contrary. 2 trillion were conservative estimates at the time. The world economies are still suffering from it because of the continuing need to defend against an ever evolving terrorist enemy. The increased costs of security adds nothing to the productivity and innovation of the world economy. It just continues to take, and take.
Originally Posted by
Bucking Bar
The 2008 financial crises was much worse from an economic standpoint and Delta furloughed no one.
Totally disagree. 9-11 was FAR worse.
Originally Posted by
Bucking Bar
I believe Delta would have likely declared bankruptcy with, or without C2K. Other factors, like over paying for regional airlines, the Comair strike and profligate spending in other areas assured the outcome.
I believe that's right.
Originally Posted by
Bucking Bar
My only contention is that the language of C2K was ill considered and we should not accept status quo in C2012. Section 1 needs to get tossed in favor of inclusive language which defines ALL new flying as ours giving us automatic ownership over any new code share and which recovers outsourced flying as contracts expire.
Totally agree.
Carl