View Single Post
Old 10-13-2008 | 10:58 PM
  #44  
IMHO
Line Holder
 
Joined: Oct 2008
Posts: 61
Likes: 0
Default

Originally Posted by Bond
Quite possibly one of the most naive analogies (if you can even call it that) I've ever seen. First of all, it was RAH's management that approach Midwest not the other way around. According to your logic, the industry should be a short term reactive machine, as in if gas drops tomorrow to $40 a barrel now airlines should now buy 777's; however, if gas continues to go up next week, now they should dump their narrows and get 170's.

First of all, in an operating environment of gas above $120 a barrel, most legacy carriers will not make any money on anything smaller than a 757...that's just basic math based on CASM as taken from multiple quarterly reports from DAL to UAL to CAL. Second, what Midwest needed (same as Frontier) was an infusion of cash, and a reorganization of the structure of the product itself, both which could have been accomplished without outsourcing 100's of jobs. Again, how familiar are you with this situation? No offence, but you seem to be trying to justify a disgusting act by a very unethical management group.

Some of you guys should think before you post.
Oh my goodness, a history lesson is in order. Why do you think this industry is in the mess that its in???? Airlines do the same crap decade after decade. When the economy is good, airlines go out and by airplanes like there is no tomorrow, when the economy tanks, they get rid of them. Dating alllll the way back to deregulation. Boeing says we're coming up with a new airplane, and airlines scramble to get in line regardless of if they need them or not. Airbus says we're coming up with the biggest passenger airliner in history, and the airlines say, wow what a brilliant idea. It was this thinking that sent America West scrambling for a 747 to fly to HNL. So please, lets be realistic here. The industry is cyclical, when times are good, airline managers spend like crazy instead of saving and planning for the future. How about we attack those disgusting acts by those very unethical managements groups. In a time where nearly every major airline has been bankrupt at least once in the last 5 years, one would think that you would turn your attention to these theives and robbers that clean out this industry and walk away with millions. Ethical! The fact that you even use that word when refering to this business, makes me question whether or not you are familiar with this industry.

Some of you guys should think before you post.
Reply