"Eastern Airlines" news
03-10-2009 | 09:10 AM
#11
Thread Starter
Gets Weekends Off
Joined: Apr 2007
Posts: 886
Likes: 0
From: "if it's got wings, I can crash it".
Eastern was a sick puppy from years and years of mismanagement and failure to respond to changing market condition. Then along came Frank Lorenzo, which is like gangrene festering in an open wound. He destroyerd everything he touched. Never forget his name, or his spawn such as Jonathan Orenstein still running airlines as we speak.
Amen........
I'm sure there's got to be a special kind of hell for people like them.
At least one hopes!.
03-10-2009 | 11:53 AM
#13
Gets Weekends Off
Joined: Nov 2008
Posts: 133
Likes: 0
From: Non flying, pays better than any front seat, home every night, not missing the crashpad/
Eastern, Pan Am, TWA all those who have gone by the wayside had operated in a regulated enviroment, unfortunately they did not change or change fast enough for deregulation. This would be the time to buy aircraft, set up gate space and all the contracts needed. They would be able to just about write their own terms, all you have to do is look around and count the unused gates. After all southwest and fedex where set up in a recession period.
Last edited by unemployedagain; 03-10-2009 at 05:56 PM. Reason: edit
03-10-2009 | 05:01 PM
#15
Thread Starter
Gets Weekends Off
Joined: Apr 2007
Posts: 886
Likes: 0
From: "if it's got wings, I can crash it".
You guys -unemployed and hercdriver- are so right.
Both situations happened because of the same set circumstances -crazy oil prices, lack of some kind of regulation, crappy economy amongst others,-.
Does that remind you of something?.
Both situations happened because of the same set circumstances -crazy oil prices, lack of some kind of regulation, crappy economy amongst others,-.
Does that remind you of something?.
03-10-2009 | 05:51 PM
#16
Looking for a laugh
Joined: Feb 2008
Posts: 4,099
Likes: 0
This would be the time to buy aircraft, set up gate space and all the contracts needed. They would be able to just about write their own terms, all you have to do is look around and count the unused gates. After all southwest and fedex where set up in a recession period.
03-10-2009 | 06:00 PM
#17
Gets Weekends Off
Joined: Nov 2008
Posts: 133
Likes: 0
From: Non flying, pays better than any front seat, home every night, not missing the crashpad/
There is one big difference between then and now. That is the credit markets. Back then, there was no shortage of people willing to invest. JMPO, but I think that it will be awhile before you see any large investors willing to dump tons of cash in a start up. There is only one Branson, and he's kind of occupied with another start up right now.
Thread
Thread Starter
Forum
Replies
Last Post
