Originally Posted by
All Bizniz
I hope you're wrong, but if past results are an indication of future performance, then you might not be..
The recent total meltdown of Horizon is an example. For a long time, they were warned that the flight operations could not be sustained reliably with the pilot issues they were having.
They put off addressing the problems in a concrete way, until finally, the tish hit the fan. After that happened, they simply hit the reset button, and went on their merry way again... "Like it never even happened!"
AS could quite possibly be considered the "Teflon Don" of the airline industry. Nothing ever sticks...... Well,..... until it does, I guess.
Agreed…… margin is king. In whatever form, so, if shrinking increases margin, so be it. If selling assets increases margin, so be it. That is the only constant. Everything else is malleable. Gotta have two wing walkers…. till ya don’t. What changed? Not enough wing walkers. Do the right thing…. Unless doing the right thing conflicts with margin…. and then don’t. Margin is the cake. Everything else is just varying degrees of frosting.