Originally Posted by
Bucking Bar
I'm nearly convinced management is kicking the can down the road until they are sure who will operate the 100 seat jets (configured for 86 seats at American?) We will see.
Although we are making money, management appears convinced (by their network decisions) that we are in counter trend rally.
I'm afraid there is a purpose to the madness....By constraining growth now, DAL is in a much better position to argue the necessity of a merger/acquisition and gain approval from regulators.
The benefit of further industry consolidation is the prize that lets mgmt. give up market share and CASM in the interim, because the end game is a far more powerful market position.
Unfortunately there will be a price paid for displacement bids, base shuffles and pushing the PWA to the limit of the intent. In the words of C.E. Woolman:
"Good will pays dividends...and good will is an asset that won't show up on the balance sheet, but is the most important factor in operating a successful airline."
Cheers
George