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Old 01-11-2019 | 06:05 AM
  #31  
PassportPlump
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AM was a bad investment for the company and I am sure that they would give just about anything to go back and undo that decision. Mexico is done for the foreseeable future. Tainted alchohol, crime, corruption, murder, cartels, caravans, nobody wants to vacation in Mexico right now. It is going to take them quite a while to recover from their newly created image.

Here is the problem with JG’s Email: if we were doing our own international (Mexico) flying and our growth was organic over the past few years, this logic would make total sense. Sure, we pull some 737/A320s off of CUN, SJD, etc. and put them on AUA, MBJ, etc.

However the tangled web that our JV has created means that we spent a significant amount of money ($620 million of OUR MONEY-because we are all stakeholders, right?) to OWN 49% of a failing product/airline. In other words Delta placed a $620m bet and as of right now they’re/we are losing the bet. Instead of playing by the house rules (JV/SCOPE complince) they just simply ignore them and then apologize later. This is not a one time event, it’s becoming accepted practice.

I like the move to the Caribbean!! I think it is a very smart move. How it was done is not OK. You cannot ignore PWA language/block hour requirements. It is not our fault that this $620 million gamble did not pan out.
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