Thread: LUAL 737s
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Old 03-15-2012 | 10:48 AM
  #67  
CALFO
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Originally Posted by Regularguy
Let's get some things straight:

1. "In 2008, when the supposed secret merger took place" It was no secret at all. The merger agreement died at the midnight hour and the CEO of CAL resigned shortly there after to pursue other interests (read between the lines).

2. LUAL Management made no bones about "right sizing" the airline and they parked the B737s because they were PAID FOR. The question always asked why park an asset that is debt free and low cost to operate? Answer. Because if they parked one of the leased aircraft the leases would still be due, generating revenue or not.

3. Right sizing was done because the industry was unsustainable at those current levels. The Finance boys at the top said, "raise ticket prices," which means "capacity control/discipline."

4. The finance guys killed the 2008 merger because of the size and unsustainable revenue.

5. The Finance guys could have cared less about a pilot(s) being furloughed.

6. The LUAL pilots did have higher expectations and futures over LCAL pilots until the "right sizing."

Joe Friday, "Just the facts mam."
I see a lot of speculation and few facts.
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