Broad Divestitures Wanted from DOJ
11-08-2013 | 03:08 PM
#41
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From: 737
11-09-2013 | 04:43 AM
#42
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From: B737/Capt
The Oscar
11-09-2013 | 04:46 AM
#43
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From: B737/Capt
The Oscar
11-09-2013 | 04:47 AM
#44
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Yes. Because the point of bankruptcy is to sell off valuable assets that can produce income after the reorganization. Good idea, genius.
11-09-2013 | 04:51 AM
#45
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From: B737/Capt
Keeping those assets and merging with another airline to create a monopoly at a slot controlled airport is good for who? Genius?
The Oscar
The point of BK should be to screw someone in order to benefit you the most? Riiiiight.
11-09-2013 | 04:53 AM
#46
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From: Bigg Bird!!
11-09-2013 | 05:14 AM
#47
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No. The point of bankruptcy is that "it gives to the honest but unfortunate debtor…a new opportunity in life and a clear field for future effort, unhampered by the pressure and discouragement of preexisting debt." But, don't take my word for it, those words are from a 1934 Supreme Court decision.
11-09-2013 | 06:24 AM
#48
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From: 737
Spot on Oscar---remember when bankruptcy USED to be something that people avoided at all costs. Now its a way to get some new government financing for new airplanes, reduce your labor costs, etc---woohoo. What's not to like.
11-09-2013 | 06:53 AM
#49
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From: B737/Capt
Well...let's see. It's obviously good for the creditors in the bankruptcy and the reorganized company. If it wasn't, it wouldn't have been approved by the federal judge overseeing the reorganization, smart guy.
No. The point of bankruptcy is that "it gives to the honest but unfortunate debtor…a new opportunity in life and a clear field for future effort, unhampered by the pressure and discouragement of preexisting debt." But, don't take my word for it, those words are from a 1934 Supreme Court decision.
No. The point of bankruptcy is that "it gives to the honest but unfortunate debtor…a new opportunity in life and a clear field for future effort, unhampered by the pressure and discouragement of preexisting debt." But, don't take my word for it, those words are from a 1934 Supreme Court decision.
The Oscar
The Oscar
11-09-2013 | 06:54 AM
#50
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Of course, SWA will never, ever, ever, ever declare BK. It's simply... unthinkable. 
I've often wondered... the cost benefits of a common fleet type will one day disappear in the sense that the 737 will eventually be no longer competitive in terms of operating costs and maintenance. Technology marches on. It'll be interesting to see how SWA deals with that when it happens.
I'm not wishing ill on anyone. Like most here, I'm simply interested in how we do business.
I've often wondered... the cost benefits of a common fleet type will one day disappear in the sense that the 737 will eventually be no longer competitive in terms of operating costs and maintenance. Technology marches on. It'll be interesting to see how SWA deals with that when it happens.
I'm not wishing ill on anyone. Like most here, I'm simply interested in how we do business.
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