Originally Posted by
Andy
International widebody flying prints money during good times. It flushes money down the toilet in bad economic times. While I'm very happy to be flying international widebodies at United, our. -400s were flying sub-20% loads across the Pacific during SARS. The cash bleed almost had us joining Pan Am, Eastern, TWA and other airlines in the trash heap of defunct airlines.
JV allows airlines to revenue share without the economic risks. It smooths earnings through good times and bad, increasing long term stability.
As for dominating LAX, I consider American's facilities the best. But even with that, they won't be able to dominate LAX. Delta would do better to set up an international fortress hub in SEA.
When you look at the forecast growth of flying in Asia over the next 20 years, there is no reason Delta for to sit on the sidelines.
Giving our management a free pass with worthless scope is a critical mistake. Just as having over 800 RJs was an unnecessary self induced nightmare.
Sometimes you have to save management from themselves.
In my opinion.