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

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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!:p
 
Actually Delta management has been speaking highly of some of NWA's revenue management foks FWIW
 
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.
 

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