Originally Posted by
Spaceman Spliff
I'm not sure I share your optimism. The economy in a "shambles" is as much an argument against Mesa being able to negotiate with its creditors, as it is an argument for it.
Fuel continues to stay high, domestic capacity will be cut, and there is no telling how much farther domestic capacity may be cut (as discussed on the front page of the today's USA Today, among many other places). Unfortunately, RJs are going to feel the pinch more than their mainlines, and it will take longer for them to recover.
At some point, investors will stop throwing money at airlines and cut their losses. Wish I could say I'll feel sorry for go! people. But I can't.
This is the other part of the equation that is also being touted and I agree. It will come down to the carriers that have the equipment that is capable of insuring profit, i.e. CRJ 700 & 900 as opposed to the 200's. It will also come down to those companies that are able to operate at a minimum cost i.e. pay structures etc.
The optimism is that there are opportunites out there for the stronger regionals to take advantage of. I really dont want to see any of our pilots out on the street. Alot of the time we look at each other through the eyes of our company and forget we all have the same passion and comittment to flying. I ope we all stay afloat and just ride this crap out to etter times.