Originally Posted by
O2pilot
Not true. CAL was only feeding two hubs, and didn’t need a large feed, just like JB and other smaller airlines don’t need a large feed. CAL scope was limited to 50 seat jets, but there was no limit, including Q-400 planes which could be configured to 78 seats.
This is the reason CAL needed to be bought by someone. They were going to be out of cash in short order and the 3rd and final BK was on the horizon.
EWR and IAH were good hubs, but the cherry was Guam. That thing was a money maker.
There was not some grand scheme to wipe out CAL’s “industry leading” scope LOL.
CAL wasn't bought by anyone. Once we found where they hid the money it was pretty embarrassing. There was money to be found, we just didn't know where to look at the time. The financial picture was actually better than advertised.
The scope was on the target list. Evidence of that is our current book scope. Scope is still on the target list. To pretend otherwise is silly.
A liquidity short fall had more to do with retirement obligations. and short term investment bafoonery. Bankruptcy wasn't happening for 5 to 7 years based on the balance sheets. BK was also on the horizon for L-UAL. Not that it matters, but there were big holes there as well. Both airlines had upside and downside, both needed a partner. I would say it was a shotgun wedding.
I think the issue at hand is what management is doing and why and who the players are and what their playbook looks like. What they know, who mentored them, who taught them, and how they develop their strategy to marginalize labor and mitigate any advantage labor has.
History is relevant if you have a perspective of what your adversary is going to do and why.
I am familiar with the miracle lure strategy. I am familiar with bait and switch, and I am familiar with bribing pilots, and tricking them into cutting their own throats. I guess we'll see what management does after the holiday season. likely no movement on anything til after the Holidays.