Originally Posted by
Free Bird
Either someone will fail or all of the combined companies will continue cutting capacity.
Same number of jobs will be lost either way. For the industry to become profitable someone does need to fail imo.
Very true statement. I don't see them stepping in here because of the fact that the capacity needs to come down, one way or another. Throwing money at carriers to keep them afloat results in cut backs in service. Either way, people end up out of work.
Sorry for those it ends up hurting, but sometimes you have to let something die. I'm sitting here floating away with a clock on my pool time, so trust me, I don't like the situatuion either. I'd rather be seeing double diget growth for all the carriers, but those days are over. . . for now.