We agree.

filler

 

For the record I don't disagree with what you wrote -- just added that extra tidbit to make sure everyone really understands who was in favor of the concessionary CBA.

 

It is illegal if they go outside of the standards allowed by the SEC. If they are in the guidelines then the share holders are able to keep them in check regarding any shenanigans they may be attempting. It's not in the company's best interest to fudge and cook the books. If you believe it's going on at 9E then I have some good articles on Chem-Trails and Bush staging 911 that you can read.

 

Free markets, deregulation, and reduction of government spending don't always create profitable industries, despite what some people seem to have made a religion of in this country.

There are certain industries which are simply not profitable without consistent government support and a lack of price competition--aviation is probably one of them. I need only to refer you to the aggregate profits and losses of all airlines in the US since deregulation, the massive amounts of government spending required to support the few airlines which are "profitable," and the simple fact that almost every technology that makes modern jet transport possible is a direct result of huge amounts of government defense spending over the course of sixty years.

Free market capitalism works in a lot of industries (especially retail and non-capital-intensive industries). However, in banking, aviation, and public works, it's not something that is a simple "demand+competition=profitable industry" calculation.

At least in places like Germany they're honest about the fact that some industries need government support to survive and to create jobs--here, companies simply go in and out of bankruptcies constantly to survive, and go begging to Uncle Sam for government loans to prop themselves up anytime they're seriously in trouble--the idea that corporations would create more jobs if they were simply unleashed to compete is simply a whitewashed lie perpetrated on the American people for the last 20 or so years.

Sorry--had to rant....

 

Very interesting....I find myself on the conservative/free market end of the spectrum fiscally speaking. But the violently cyclical nature of the airline industry should be dampened somehow--- for safety's sake primarily, in addtion to other reasons. And shoot-a perpetually beaten workforce is how safe in the long run? (Especially pilots, dispatchers, and maintenance.)

 

It's Mesabatage. MSP group doing their best to run the airline out of business. Keep up the good work!

 

There was a much bigger picture involved. Aligning things for the NWA/Delta merger was 1, another was the effect cutting Mesaba's contract had on the overall average of the regional industry. Just as the current bankruptcy is being used to ask for a great overreaching to put us at or below Goatjets. Then they can become expendable as we become the new bottom for others' negotiations. We are being used as a weapon against the entire industry. Make no mistake Delta is pulling on several of the strings now for its interests, not ours or even Pinnacle's

 

What puzzles me about Delta's new regional business plan is why Goatjets is currently the new "golden child" of DCI. As a former Waterskiier (TSA) who has worked for that low-life upper management team, I directly saw some of the WORST quality regional feed you could ever imagine. I know performance is low now, it always has been always will be with the TSH group and perhaps Delta Management just hasn't had enough time to become acquainted with it yet. Put already poor performance and add a pilot shortage (I know, I know it'll never happen) and you have yourselves a performance numbers break down in your regional feed. Let's face it, you get what you pay for and Daddy Delta don't care. There's no long-term benefit in the short-term financial gains made from the race to the bottom with contracted work with ANY company that uses contractors! Just ask United! This is true mismanagement from the top and now they want us to be just like them. We'll see where that leads.

 

You appear to be very familiar with GAAP.

 

Not really. People are quick to cry book cooking without anything to back it up. Reminds me of conspiracy theory.