Furloughs coming to Atlas
08-04-2019, 01:22 PM
#261
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Joined APC: Feb 2008
Position: Retired
Posts: 651
Originally Posted by Diesel8
When you take into consideration a number of factors it appears that management is only intent on driving the company into the ground and into bankruptcy....
Private equity is of course a different ball game.
08-04-2019, 02:42 PM
#262
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Joined APC: Jul 2007
Posts: 919
Originally Posted by 742Dash
AAWW is a public company, and public company's do not get deliberately driven into bankruptcy. People could go to jail for that.
Private equity is of course a different ball game.
Private equity is of course a different ball game.
08-05-2019, 06:54 AM
#265
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Joined APC: Aug 2014
Posts: 261
Originally Posted by 742Dash
AAWW is a public company, and public company's do not get deliberately driven into bankruptcy. People could go to jail for that.
Nowadays jail is not a deterrent to rich people. Excellent lawyers can be employed to negate that risk.
This quote might be more appropriate:
"Never ascribe to malice that which may be adequately explained by incompetence."
Though the actions that I have seen would take both factors into consideration. Consider the concept of hubris, sort of covers it all.
08-05-2019, 11:22 PM
#268
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Joined APC: Sep 2009
Posts: 611
Originally Posted by No Land 3
Driving company into the ground? One can simply say they are lowering their labor costs. Encouraging senior people to leave, aggressively recruiting new people. Maybe Atlas should be renamed, "Mesa Cargo"
In business, you adapt or you get slaughtered. Judging by the AAWW stock performance, I would say that Atlas management team is getting slaughtered.
08-06-2019, 06:58 AM
#269
VHR-very happily retired
Joined APC: Aug 2007
Position: Retired
Posts: 1,409
Originally Posted by JonnyKnoxville
...and management teams were smart to play that game when there was an oversupply of pilots. In today's market, managers still playing that game are tone deaf to the new reality.
In business, you adapt or you get slaughtered. Judging by the AAWW stock performance, I would say that Atlas management team is getting slaughtered.
In business, you adapt or you get slaughtered. Judging by the AAWW stock performance, I would say that Atlas management team is getting slaughtered.
They dump the leases on the 400 freighters, which DHL doesn’t want anymore. Force you into binding arbitration during bankruptcy. We all have seen how that turns out. They emerge and are very attractive to the leasing companies. More 777’s? Low labor rates?
Seems like a pretty good business plan from their side.
08-06-2019, 07:09 AM
#270
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Joined APC: Nov 2017
Position: Wichita
Posts: 684
Originally Posted by maxjet
Serious question. Would causing the bankruptcy not be a great thing for them?
They dump the leases on the 400 freighters, which DHL doesn’t want anymore. Force you into binding arbitration during bankruptcy. We all have seen how that turns out. They emerge and are very attractive to the leasing companies. More 777’s? Low labor rates?
Seems like a pretty good business plan from their side.
They dump the leases on the 400 freighters, which DHL doesn’t want anymore. Force you into binding arbitration during bankruptcy. We all have seen how that turns out. They emerge and are very attractive to the leasing companies. More 777’s? Low labor rates?
Seems like a pretty good business plan from their side.
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