Originally Posted by iPilot (Post 725197)

I swear this corporate raiding will the the death of this country. Well, that and our national debt, cumbersome labor laws, outsourcing, and eroding morality. But certainly corporate raiding is in the top 5. :-D

Originally Posted by John Pennekamp (Post 725202)

"Cumbersome labor laws"? HA! You mean the lack of any enforcement of labor laws, and the general ability of employers to walk all over their employees "at will"? Other than that, I agree with you. But personal debt is a much bigger threat than national debt.

Originally Posted by Rightseat Ballast (Post 724763)

I like the author's description of how "convincing" Bedford is. How can you dispute his reasoning and thought processes with claims like "we are the only regional operator of E-jets in the U.S." Did he ever hear of Compass?

That little bit aside, it was nice to finally hear some rationale behind the acquisitions. I was unaware of the new 50/50 business/leisure standard for revenue sources.

I still wonder what all of the factors were that made the cost structure of Midwest so debilitating. We all know about the changes in pilot and F/A cost structure, but we all know that our wages are not make or break points. What else was going on in the finances of Midwest? What changes have been made that will honestly contribute to Midwest profitability?

Originally Posted by John Pennekamp (Post 725191)

Every time I read the words "harvest synergy" I threw up in my mouth a little bit. I love when CEOs spew MBA school mumbo jumbo.

Also a nice crack about "nobody goes to Milwaukee unless they have to". I hope the 1.1 million residents of the great city of Milwaukee protest by boycotting the Reverend and flying Airtran. How very callous of him to say that Midwest was all about the cookie. This clown is truly America's Michael O'Leary.