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Originally Posted by FlyingKat
(Post 1462444)
The profits the majors are "eeking" out right now are anything but small. Actually fares and doubled and in some cases tripled in these mid market and small cities where competition has decreased, and that doesn't include extra fees for bags, exit row seats, etc. My point was to explain the decrease in overall service. Some airports are down to one or two carriers due to these mergers. You can deny reality if you want, but the people who use our services are very angry and letting their elected officials know about it.
I'm not talking about the entire history, just the last 5-10 years. You might try reading the GAO report on the Airways merger. It is the first time the GAO studied what would happen to mid market airports and Hubs. Also doesn't help that when airline management sold these mergers to the politicians by promising there would be no cuts in capacity. Also might want to ask the airport managers that are dealing with one, two, or three airlines as compared to four or five. They're the ones screaming about anti competitive forces. The people that use our services are very, very ticked off. That is a bad thing when you are in a business that is heavily controlled by the government and government regulators. Your airport managers and customers of small sized markets may very well be "very, very ticked off." Their free ride that they grew accustomed to has been taken away. Understand this, however...it wasn't profitable to serve them in the manner they were used to. It was a waste of resources. It's simple economics. |
Originally Posted by CaptainBigWood
(Post 1462513)
This is all about tax revenue, any shift in employees to a different state reduces revenue.
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AAMRQ down almost 20% today after yesterday's 45% fall. LCC down 4% already today.
According to anything you read from analysts and wall street, it is highly unlikely that the merger will be going through still and overall bad for the entire airline sector. The stocks are getting punished accordingly...and it's not just AAMRQ and LCC getting hit. |
Originally Posted by SkylineAviation
(Post 1462630)
AAMRQ down almost 20% today after yesterday's 45% fall. LCC down 4% already today.
According to anything you read from analysts and wall street, it is highly unlikely that the merger will be going through still and overall bad for the entire airline sector. The stocks are getting punished accordingly...and it's not just AAMRQ and LCC getting hit. |
Originally Posted by SkylineAviation
(Post 1462630)
AAMRQ down almost 20% today after yesterday's 45% fall. LCC down 4% already today.
According to anything you read from analysts and wall street, it is highly unlikely that the merger will be going through still and overall bad for the entire airline sector. The stocks are getting punished accordingly...and it's not just AAMRQ and LCC getting hit. It is because this government meddling in private business is BAD for business. ALL business. If you (not necessarily you skyline) voted for these "progressive" clowns, congratulations. I hope you're happy. |
Originally Posted by visceral
(Post 1462387)
Despite what they claim, Republicans like big government too.
TX attorney general - Republican FL attorney general - Republican AZ attorney general - Republican VA attorney general - Republican TN attorney general - Democrat PA attorney general - Democrat Honestly I think it's all corrupt (Democrats and Republicans). It's "them against us". By the time your politician gets into office he or she is bought and paid for, and they are not looking out for you and me... How Congress Helps Republicans, But Not Democrats, Weather Bad Economies (Charts) | TPMDC |
Originally Posted by CaptainBigWood
(Post 1462514)
USAirways will be broken up and sold in pieces. The PHX operation which Parker says is a leisure market and unprofitable will be sold to Mesa. Can you say "Mesa Grande".
Then the new AA will be smaller than the others big three and be approved. DOH looking whole lot better Westies. |
DOJ to block AA/USAir merger
Well these guys are still confident...
http://www.thestreet.mobi/story/12008976/1/dojs-merger-complaint-is-weak-say-american-us-airways-lawyers.html |
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Originally Posted by FlyFishPilot
(Post 1463070)
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