NWA CEO, "$105 oil is a budget breaker...." AP Article

[whymeworry?]

This merger will most-certainly result in furloughs... massive furloughs. Maybe not right away but within 18 months as efficiencies from synergies are realized.

Steenland isn't worth his salt anyway so why would he do anything as novel as raising prices to cover the product he sells? Who cares if oil is $105 or $150 per barrel. You cannot subsidize the flying public indefinitely. Charge for the cost of doing business or get out of that business.

NW, the airline that caused the bankruptcy of DAL (by not raising fares). Further, NW caused problems for the industry by refusing to go along with each and every fare hikes in the post 9/11 years. NWALPA ought to be holding Steenland and his joke of a mgmt team accountable in a more public fashion. Plus, how many flights did they cancel last summer? 20,000 plus??? You cannot reinventory those flights. That is gone money forever. That anyone on Wall Street takes this guy seriously is yet another reason why investors will continue to lose money when investing in airline stocks.

 

[On Your Six]

This merger will most-certainly result in furloughs... massive furloughs. Maybe not right away but within 18 months as efficiencies from synergies are realized.

Steenland isn't worth his salt anyway so why would he do anything as novel as raising prices to cover the product he sells? Who cares if oil is $105 or $150 per barrel. You cannot subsidize the flying public indefinitely. Charge for the cost of doing business or get out of that business.

NW, the airline that caused the bankruptcy of DAL (by not raising fares). Further, NW caused problems for the industry by refusing to go along with each and every fare hikes in the post 9/11 years. NWALPA ought to be holding Steenland and his joke of a mgmt team accountable in a more public fashion. Plus, how many flights did they cancel last summer? 20,000 plus??? You cannot reinventory those flights. That is gone money forever. That anyone on Wall Street takes this guy seriously is yet another reason why investors will continue to lose money when investing in airline stocks.

Thank God for Compass!!!!!

 

[DTW320]

NW, the airline that caused the bankruptcy of DAL (by not raising fares).

That's funny right there. Yeah, Simplifares was NW's idea. You know, the program that took the entire amount of the DAL pilots concessions and burned it in the fireplace.

 

[Cobraair75drvr]

and when did that business genius "just call me Richard" Anderson leave NW? I believe he was in charge while most of the post 9/11 fare stupidity was going on.

That's funny right there. Yeah, Simplifares was NW's idea. You know, the program that took the entire amount of the DAL pilots concessions and burned it in the fireplace.

 

[Fly4hire]

Didn't 2500 DAL pilots retiring early with lump sums at
~$1 million have a lot to do with it?

 

[On Your Six]

Didn't 2500 DAL pilots retiring early with lump sums at
~$1 million have a lot to do with it?

Sssshhhhhh. Don't mention the 2500 retirements. That makes the DOH method seem incredibily unfair.

 

[PulluP]

Fuel hedges 2008-2012

"You need to account for 2007 hedges in place vs. whats in place for 2008. Most airlines have no where near the hedge advantages they did in 07."


Who has the best fuel hedges according to this??

http://www.reuters.com/article/marketsNews/idUKN1144640420080313?rpc=44

 

[IXLR8]

NW, the airline that caused the bankruptcy of DAL (by not raising fares)

Wow...mean old NWA...do you really believe that garbage?

 

[Superpilot92]

This merger will most-certainly result in furloughs... massive furloughs. Maybe not right away but within 18 months as efficiencies from synergies are realized.

Steenland isn't worth his salt anyway so why would he do anything as novel as raising prices to cover the product he sells? Who cares if oil is $105 or $150 per barrel. You cannot subsidize the flying public indefinitely. Charge for the cost of doing business or get out of that business.

NW, the airline that caused the bankruptcy of DAL (by not raising fares). Further, NW caused problems for the industry by refusing to go along with each and every fare hikes in the post 9/11 years. NWALPA ought to be holding Steenland and his joke of a mgmt team accountable in a more public fashion. Plus, how many flights did they cancel last summer? 20,000 plus??? You cannot reinventory those flights. That is gone money forever. That anyone on Wall Street takes this guy seriously is yet another reason why investors will continue to lose money when investing in airline stocks.

Nominated, FI Drama Queen!

 

[~~~^~~~]

Actually Delta management has been speaking highly of some of NWA's revenue management foks FWIW

 

[JAM-BRO]

Actually it was R Anderson that was running the show at NWA. He had a "Last Man Standing" mentality and was trying to put weak airlines out of business. Did not work...

This merger will most-certainly result in furloughs... massive furloughs. Maybe not right away but within 18 months as efficiencies from synergies are realized.

Steenland isn't worth his salt anyway so why would he do anything as novel as raising prices to cover the product he sells? Who cares if oil is $105 or $150 per barrel. You cannot subsidize the flying public indefinitely. Charge for the cost of doing business or get out of that business.

NW, the airline that caused the bankruptcy of DAL (by not raising fares). Further, NW caused problems for the industry by refusing to go along with each and every fare hikes in the post 9/11 years. NWALPA ought to be holding Steenland and his joke of a mgmt team accountable in a more public fashion. Plus, how many flights did they cancel last summer? 20,000 plus??? You cannot reinventory those flights. That is gone money forever. That anyone on Wall Street takes this guy seriously is yet another reason why investors will continue to lose money when investing in airline stocks.