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Originally Posted by gloopy
(Post 1064727)
Only if no one else adds capacity. Industry wide capacity discipline happens about zero percent of the time in this industry. Look at SWA and JB after 9-11 as well as going forward as well as the VA order book, Emirate's US ambitions, etc. Where TF is all the revenue for all THAT capacity going to come from?
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Originally Posted by Timbo
(Post 1064744)
You KNOW Delta -has to- buy Alaska, they've run out of places to pull out of!
Cheers George |
Sorry for the off topic question guys. But, is there any place (if one even exists) I can look to find out how we look for profit sharing this year? I was curious because I haven't heard much about it this year, or at least not as much as I heard about it last year...and I was wondering if that huge storm we had at the beginning of the year in ATL put a damper in our profit sharing dreams.
Any info would be greatly appreciated. Thanks. |
A better than usual discussion of our industry:
Is American Airlines Too Big to Fail? | Breakout - Yahoo! Finance According to Ray Neidl, senior analyst following the airlines for the Maxim Group, the point is moot, he doesn't think AMR is going anywhere. AMR is in "no immediate danger of involuntary bankruptcy,", he says, citing AMR's cash on hand. That said, the company has started "bleeding cash," a situation that could easily be exacerbated should the economy continue to decelerate. AMR can survive a run-of-the-mill recession, but should a downturn be extended all bets are off. Notwithstanding the problems at AMR, Neidl says the industry as a whole is relatively well-positioned for an economic downturn. The industry "Ax" has seen four economic downturns in his time on the airline beat and says "this is the first time the industry could make money in a downturn." Neidl cites changes in industry practices regarding yield management and pricing, not to mention labor relations. On the latter, the industry has one company to thank. "Southwest (LUV) proved they can work with the unions," says Neidl. Though AMR demonstrates that old-school "management versus labor" hostilities remain, companies that recently went through bankruptcy have a cleaner slate. Put Neidl in the camp of free marketeers who think the "invisible hand" should be allowed to work its magic in the airline industry. There are "one too many big airlines," he says, blithely addressing the potential elimination of 20-25% of the Big Airline pool. "Having three legacy carriers plus Southwest is more than enough competition." Neidl is hardly a table pounding bull on the legacy groups, but forced to choose between the non-AMR pool of the big boys, his favorite is Delta. |
Originally Posted by TheTriColor
(Post 1064783)
Sorry for the off topic question guys. But, is there any place (if one even exists) I can look to find out how we look for profit sharing this year? I was curious because I haven't heard much about it this year, or at least not as much as I heard about it last year...and I was wondering if that huge storm we had at the beginning of the year in ATL put a damper in our profit sharing dreams.
Any info would be greatly appreciated. Thanks. Yes, look for profit sharing this year. You are right, there hasn't been much buzz about it. Hey apologists, this is your opportunity to blow your horn. Can you help this guy out with the deets? |
Originally Posted by NuGuy
(Post 1064730)
When are they going to have "prostate cancer awareness month" and sell brown ties to wear?
Nu |
Originally Posted by slowplay
(Post 1064414)
Yeah, knowing about things like mergers where we wind up with 5.6% of the company and over 20% increase in direct compensation, or Joint Ventures where we get unprecedented production balance protections compared to the results of those non-NDA signing union guys...
I can see where you think those things are nonsense.:rolleyes: Sheesh.... Unbelievably naive. Carl |
Originally Posted by slowplay
(Post 1064429)
I finally found a post where Spackler told the truth about himself:
Originally Posted by Carl Spackler
(Post 1063142)
But then again, sometimes people simply have too much time and energy invested in war to be able to stop...even if they wanted to. That may be the case here, but I still think there's hope.
What a great illustration of how a union leader like slowplay here communicates. Here's the full quote that our dear slowplay almost got right:
Originally Posted by Carl Spackler
(Post 1063142)
There will always be DFR suits. If you lived in fear of that, it would provide the excuse to never do anything. Let the one or two guys file their suits. Good luck in prevailing in a DFR if a good faith agreement was reached by the two parties and voted in by the members.
But then again, sometimes people simply have too much time and energy invested in war to be able to stop...even if they wanted to. That may be the case here, but I still think there's hope. Carl Carl |
Originally Posted by NuGuy
(Post 1064730)
When are they going to have "prostate cancer awareness month" and sell brown ties to wear?
Nu http://cdn-www.airliners.net/aviatio.../4/1068400.jpg Way to ignore their hard on effort to raise awareness Nu. http://cdn-www.airliners.net/aviatio.../4/1356422.jpg |
[QUOTE=forgot to bid;1064823]Uh, you didn't notice? UPS has been doing prostate and colon cancer awareness 24/365 for years.
http://cdn-www.airliners.net/aviatio.../4/1068400.jpg Way to ignore their hard on effort to raise awareness Nu. FTB; Thats some funny shizzle! |
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