Originally Posted by
Timbo
14 years ago we asked Leo Millions why we couldn't fly the RJ's at mainline. His answer was, "Even if we paid you the exact same rates, you still cost 30% more than they do, because of all the other benefits you get." (this was pre-9-11 and bankruptcy, when we still had a DB retirement plan, better, cheaper medical plan, etc.)
So, yeah, they've done the math,...
So a discredited airline manager high on outsourcing told you a decade and a half ago ... same guy as crashed and burned Delta while spending a lot of his Executive's time engineering bankruptcy proof compensation packages for themselves and their buddies ... and we (labor) still buy it?
How about the 25 billion or so in acquisition costs, capex and strikes?
I'm still not believing outsourcing is all that great a deal for Delta. No discredit to you. I never liked Leo or Fred.