Originally Posted by
slowplay
SkyTeam had talked about providing "asset backed financing" to JAL. If those assets included MD-90's, why would you go through with the transaction? JAL needs cash right now. There's not a lot of worldwide pent up demand for the Long Beach sewer pipes. Why would you give them cash if they're going to park the aircraft anyway? Even if they continue to operate the MD-90's JAL still loses. It's a small, inefficient fleet that they have to train to and maintain. I say starve them. There are other MD-90's out there and available.
I do hope Delta sees the JAL airplanes someday, but not at the expense of speeding JAL through restructuring. Let JAL park them now, eat the loss and hopefully DAL pick them up later. We'll have enough problems with a healthy JAL and "Open Skies" (sic) in the future.
Good point.
Heck, aren't we still working on the IFE STC? We shouldn't even bother making a move for a while. Why help finance JAL? I agree.
Or some smart entrprenuer (who wants to be a DAL pilot) ought to go out and find a bank to buy the 90s, create an airline, apply for slots in DCA and LGA and then get bought out and demand a ratio on seniority and let the bank lease the planes and slots.
Originally Posted by
satchip
Does anyone really think that this US Government really cares about the industry? You saw it with GM/Chrysler, you saw it with banks, now you will see it with airlines. The government will take an equity interest in AA and it will be the winner. They will dictate the rules of the marketplace and erect barriers to their competition ala Toyota.
We had better be ready to become the Ford of the airlines. We will have to go it alone and win market share based on our independence from the Federal Gov. Lee M should send that pilots letter to the Wall Street Journal Editorial page. We should emphasize the DOT's role in tilting the playing field towards a chosen recipient. We should dig up campaign contributions from AA, JB, SWA, and others lining them to this ruling.
This is Chicago thugocracy pure and simple. How's that Hope and Change working out for you now?
Satch... satch is back... or still gone... hows your futball? You never answered my question before you ran off to the otherside of the Atlantic, how do you tell the difference between a cow from Tuscaloosa Co and one from Auburn Alabama?