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Originally Posted by SpecialTracking
(Post 2170287)
How many runways does Newark have?
http://www.stgiles.com/wp-content/up...016/02/LGA.jpg https://en.wikipedia.org/wiki/List_o..._United_States |
I do remember having a conversation with the old trustworthy CP in IAD I was commenting on how nice the new terminal was over across the ramp, WC says yes but when you are paying 3.5 times the rent per square than we pay in the old C/D terminal its pretty hard to justify new at those rates. I don't remember the exact numbers but was something like $75 a sq. in C/D versus around $300 sq., and that was all before MWAA renegotiated everything when UAL let leases expire and threatened to pull out, so Im guessing the rates didn't go up at least yet.
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Originally Posted by intrepidcv11
(Post 2170180)
Perhaps your brother in law should be making a name for himself by calling out the MF writer as well as Hunter Keay (he's on every earnings call) who have been loudly calling for Oscar to close IAD. Some how I seriously doubt IAD even sniffed EWR from a profit perspective.
You close Dulles, someone else will be more than happy to pick it up. |
Originally Posted by 30west
(Post 2170394)
I do remember having a conversation with the old trustworthy CP in IAD I was commenting on how nice the new terminal was over across the ramp, WC says yes but when you are paying 3.5 times the rent per square than we pay in the old C/D terminal its pretty hard to justify new at those rates. I don't remember the exact numbers but was something like $75 a sq. in C/D versus around $300 sq., and that was all before MWAA renegotiated everything when UAL let leases expire and threatened to pull out, so Im guessing the rates didn't go up at least yet.
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Originally Posted by bigfatdaddy
(Post 2170439)
It is still a "trailer park experience". Shameful for a major international airport. Don't think our customers don't notice
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Originally Posted by SpecialTracking
(Post 2170315)
I shudder to think what MWAA would charge for a new terminal.
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It's just a financial analyst view, nothing more. But pilots forget this is a business, run to produce a return for investors and make a profit. Making a larger return on capital and staying profitable and in business for the long run is in all our best interest. This is a good example of why NOT to move to a base. They shrink, they grow, they close. No personal feelings involved. That's life. Live where you want and pray for a successful career. Don't uproot your family for this job, nothing is permanent IMHO.
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I remember a couple decades ago, in a previous life, a CEO was having a town hall meeting at a hub. The question came up "Why do we fly into XXX? Its an old, raggedy airfield, with an old raggedy terminal, everything that goes there gets messed up!" The answer of course was "That's where the money is. Our flights to XXX are the most profitable in the whole airline. So despite all those faults you listed, which are all very real, it still makes us more money than doing something else with those planes and people."
So, does closing IAD or LAX (or IAH or EWR or DEN) make any sense? Only if there is more money to be made by moving those resources somewhere else. And if it does make sense, I won't cry about it. But then again, I don't live in base. |
The question is that even if IAD is profitable is it actually just pulling some profit from ewr or Ord or would the loss of a hub cost Ual more overall.
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Uprooting
Originally Posted by Airhogg
(Post 2170571)
It's just a financial analyst view, nothing more. But pilots forget this is a business, run to produce a return for investors and make a profit. Making a larger return on capital and staying profitable and in business for the long run is in all our best interest. This is a good example of why NOT to move to a base. They shrink, they grow, they close. No personal feelings involved. That's life. Live where you want and pray for a successful career. Don't uproot your family for this job, nothing is permanent IMHO.
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