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Old 04-13-2018 | 12:27 PM
  #116  
Work4life
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Originally Posted by Jetlife
It is so cute how you lack even the most basic understanding of finance and business. My "boy" I assume you mean Branson? You realize he wasn't a majority shareholder right? He didn't choose to sell the airline, the majority shareholders did. Again, I ask you, please do some reading and homework so you can actually add value to a conversation without making BS up as you go, it makes you look ridiculous. AS fares are lower than VX in most competing markets, so what does that make AS? An ULCC? Please, show me where they undercut AS or any other airline for that matter. Show me a market that VX entered and undercut every airline that served that market, and drove them out due to ticket prices, I'll wait...
What part of word LCC do you not understand? LCCs exist to undercut except your boy and the BOD couldn't gage the market correctly, ending up in demise. They wanted to play like SWA and set an image that they are hip and cheap except they went into markets that were already too saturated and were in over their heads. In essence, you answered your own question in your last uneducated comment.
Alaska may not play nice with its employees but they know how to run a business and turn a high profit. You give yourself way too much credit for your intelligence, or lack there of. I was hired by FedEx, SWA, jetBlue, and Virgin, who hires anyone with a heart beat (I digress) but chose to come to Alaska for various reasons. I did my homework, which you apparently didn't do. Yes, I understand that a foreign company cannot be the majority shareholder. It's common knowledge that you seem to uphold as if you are the only one in the know. Your boy isn't stupid but you seem to be very gullible. You do know that Branson made out like a bandit on this deal, right? He played you guys as if he didn't want any part of this deal. No CEO or businessmen truly care about their people. They put on a smiley face and tell you how much they care but it's a ploy to get you to bring home the bacon for them. It's the same in the military as well. Employees are always the pawns and he played you guys like a banjo. So genius, you got anything else for me before I go to work?
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